Morocco: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Morocco

The Moroccan plastic household ware market reduced sharply to $X in 2021, which is down by -37% 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). In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -39.8% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Plastic Household Ware Exports

Exports from Morocco

In 2021, the amount of plastics household articles and toilet articles exported from Morocco surged to X tons, with an increase of 30% compared with the previous year. In general, exports posted buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 54%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, plastic household ware exports rose rapidly to $X in 2021. Over the period under review, total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -21.1% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mauritania (X tons), the United States (X tons) and the UK (X tons) were the main destinations of plastic household ware exports from Morocco, with a combined 51% share of total exports. These countries were followed by France, Senegal, Spain, Israel, Belgium and Ghana, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +80.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic household ware exported from Morocco were the UK ($X), the United States ($X) and Mauritania ($X), together accounting for 56% of total exports. France, Belgium, Israel, Senegal, Spain and Ghana lagged somewhat behind, together comprising a further 14%.

Spain, with a CAGR of +80.6%, 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 plastic household ware export price amounted to $X per ton, waning by -18.6% against the previous year. Over the period under review, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 25%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belgium ($X per ton), while the average price for exports to Ghana ($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 Ghana (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Ware Imports

Imports into Morocco

Plastic household ware imports into Morocco shrank sharply to X tons in 2021, with a decrease of -23.7% on the year before. In general, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -27.1% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 29%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, plastic household ware imports dropped notably to $X in 2021. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 38% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of plastic household ware to Morocco, accounting for a 47% share of total imports. Moreover, plastic household ware imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.3% per year) and Italy (+2.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of plastics household articles and toilet articles to Morocco, comprising 42% of total imports. The second position in the ranking was held by China ($X), with a 20% share of total imports. It was followed by Italy, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.2% per year) and Italy (+1.9% per year).

Import Prices by Country

The average plastic household ware import price stood at $X per ton in 2021, surging by 1.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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