Morocco: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Morocco

The Moroccan graphite non-electrical articles market skyrocketed to $X in 2021, jumping by 17% 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). Over the period under review, consumption showed a resilient expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports from Morocco

In 2021, overseas shipments of non-electrical articles of graphite or other carbon decreased by -76.1% to X kg, falling for the second consecutive year after three years of growth. In general, exports, however, saw a temperate expansion. The growth pace was the most rapid in 2017 when exports increased by 1,571% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, graphite non-electrical articles exports shrank remarkably to $X in 2021. Over the period under review, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of 6,485%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for graphite non-electrical articles exports from Morocco, with a 81% share of total exports. Moreover, graphite non-electrical articles exports to the United States exceeded the volume sent to the second major destination, the Czech Republic (X kg), ninefold.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +6,800.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (-74.8% per year) and France (-15.0% per year).

In value terms, France ($X) emerged as the key foreign market for graphite non-electrical articles exports from Morocco, comprising 81% of total exports. The second position in the ranking was held by the United States ($X), with a 7.9% share of total exports. It was followed by the Czech Republic, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -16.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8,100.0% per year) and the Czech Republic (-81.6% per year).

Export Prices by Country

The average graphite non-electrical articles export price stood at $X per ton in 2021, rising by 29% against the previous year. In general, the export price, however, recorded a sharp contraction. The growth pace was the most rapid in 2017 when the average export price increased by 290%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+47.6%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Morocco

In 2021, graphite non-electrical articles imports into Morocco skyrocketed to X tons, picking up by 16% compared with the year before. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 500% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, graphite non-electrical articles imports surged to $X in 2021. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 183% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and China (X tons) were the main suppliers of graphite non-electrical articles imports to Morocco, together accounting for 72% of total imports. These countries were followed by India, the UK, Italy and the Netherlands, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +77.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the UK ($X) and Germany ($X) appeared to be the largest graphite non-electrical articles suppliers to Morocco, with a combined 76% share of total imports.

The UK, with a CAGR of +85.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average graphite non-electrical articles import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2015 an increase of 106%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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