Morocco: Market for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip 2024

Market Size for Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip in Morocco

The Moroccan non-cellular polyvinyl chloride film market was estimated at $X in 2022, increasing by 3.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +95.3% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Exports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Exports from Morocco

Non-cellular polyvinyl chloride film exports from Morocco skyrocketed to X tons in 2022, jumping by 208% against 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 787%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-cellular polyvinyl chloride film exports contracted to $X in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2014 when exports increased by 384% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mauritania (X tons) was the main destination for non-cellular polyvinyl chloride film exports from Morocco, with a 87% share of total exports. Moreover, non-cellular polyvinyl chloride film exports to Mauritania exceeded the volume sent to the second major destination, Cote d'Ivoire (X kg), more than tenfold. Mali (X kg) ranked third in terms of total exports with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania totaled +18.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+31.2% per year) and Mali (-41.9% per year).

In value terms, Mauritania ($X) remains the key foreign market for non-cellular polyvinyl chloride films, sheets, foil and strip exports from Morocco, comprising 77% of total exports. The second position in the ranking was taken by Mali ($X), with an 8.3% share of total exports. It was followed by Italy, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania stood at +6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+0.1% per year) and Italy (-34.7% per year).

Export Prices by Country

In 2022, the average non-cellular polyvinyl chloride film export price amounted to $X per ton, declining by -72% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 an increase of 52%. The export price peaked at $X per ton in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+72.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Polyvinyl Chloride Films, Sheets, Foil and Strip

Imports into Morocco

In 2022, purchases abroad of non-cellular polyvinyl chloride films, sheets, foil and strip decreased by -5.5% to X tons, falling for the third consecutive year after four years of growth. Overall, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.5% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 30%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-cellular polyvinyl chloride film imports expanded to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.9% against 2015 indices. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Turkey (X tons), China (X tons) and Spain (X tons) were the main suppliers of non-cellular polyvinyl chloride film imports to Morocco, with a combined 69% share of total imports. Germany, France, Italy, Luxembourg and Taiwan (Chinese) lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Luxembourg (with a CAGR of +142.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of non-cellular polyvinyl chloride films, sheets, foil and strip to Morocco, comprising 37% of total imports. The second position in the ranking was held by Spain ($X), with a 17% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.2% per year) and China (+4.9% per year).

Import Prices by Country

In 2022, the average non-cellular polyvinyl chloride film import price amounted to $X per ton, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 15% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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