Report Update Feb 1, 2025

Morocco - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Non-Metal Permanent Magnet Market 2025

Non-Metal Permanent Magnet Market Size in Morocco

In 2021, the Moroccan non-metal permanent magnet market decreased by -25.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a prominent expansion. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Non-Metal Permanent Magnet Exports

Exports from Morocco

In 2021, after three years of decline, there was significant growth in shipments abroad of non-metal permanent magnets, when their volume increased by 11% to X tons. Over the period under review, exports, however, saw a deep setback. The growth pace was the most rapid in 2017 when exports increased by 120%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, non-metal permanent magnet exports skyrocketed to $X in 2021. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X kg), Portugal (X kg) and the United States (X kg) were the main destinations of non-metal permanent magnet exports from Morocco, with a combined 79% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +183.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-metal permanent magnet exported from Morocco were China ($X), Algeria ($X) and Portugal ($X), with a combined 61% share of total exports.

China, with a CAGR of +324.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-metal permanent magnet export price amounted to $X per ton, with an increase of 116% against the previous year. In general, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to Spain ($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 China (+49.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Metal Permanent Magnet Imports

Imports into Morocco

In 2021, after two years of growth, there was significant decline in supplies from abroad of non-metal permanent magnets, when their volume decreased by -23.6% to X tons. Overall, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 418%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, non-metal permanent magnet imports dropped notably to $X in 2021. Over the period under review, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 178% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced dramatically in the following year.

Imports by Country

France (X tons), China (X tons) and Germany (X tons) were the main suppliers of non-metal permanent magnet imports to Morocco, together accounting for 36% of total imports. Italy, Spain and Turkey lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +62.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-metal permanent magnets to Morocco, comprising 29% of total imports. The second position in the ranking was taken by France ($X), with a 6.9% share of total imports. It was followed by China, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-8.1% per year) and China (+2.8% per year).

Import Prices by Country

The average non-metal permanent magnet import price stood at $X per ton in 2021, dropping by -2.8% against the previous year. In general, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 97%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then reduced modestly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-metal permanent magnets in the world?

China remains the largest non-metal permanent magnet consuming country worldwide, accounting for 23% of total volume. Moreover, non-metal permanent magnet consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Vietnam, with a 9.8% share.

What are the largest producers of non-metal permanent magnets in the world?

China constituted the country with the largest volume of non-metal permanent magnet production, accounting for 57% of total volume. Moreover, non-metal permanent magnet production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. Japan ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of non-metal permanent magnets to Morocco?

In value terms, Germany constituted the largest supplier of non-metal permanent magnet to Morocco, comprising 67% of total imports. The second position in the ranking was occupied by France, with a 16% share of total imports. It was followed by China, with an 8.7% share.

What is the average export price for non-metal permanent magnets in Morocco?

The average non-metal permanent magnet export price stood at $14 per unit in 2020, increasing by 73% against the previous year.

What is the average import price for non-metal permanent magnets in Morocco?

In 2020, the average non-metal permanent magnet import price amounted to $19 per unit, surging by 70% against the previous year.

This report provides an in-depth analysis of the non-metal permanent magnet market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024