Report Update Nov 1, 2024

Morocco - Polymethyl Methacrylate in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Polymethyl Methacrylate Market 2024

Polymethyl Methacrylate Exports

Exports from Morocco

In 2022, overseas shipments of polymethyl methacrylate in primary forms increased by 377% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 with an increase of 545%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, polymethyl methacrylate exports contracted notably to $X in 2022. Over the period under review, exports saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of 195%. Over the period under review, the exports reached the maximum at $X in 2021, and then shrank rapidly in the following year.

Exports by Country

Malaysia (X tons) was the main destination for polymethyl methacrylate exports from Morocco, accounting for a 94% share of total exports. Moreover, polymethyl methacrylate exports to Malaysia exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Malaysia amounted to +1,496.2%.

In value terms, Malaysia ($X) emerged as the key foreign market for polymethyl methacrylate in primary forms exports from Morocco, comprising 73% of total exports. The second position in the ranking was held by Spain ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Malaysia totaled +45.4%.

Export Prices by Country

In 2022, the average polymethyl methacrylate export price amounted to $X per ton, declining by -87.3% against the previous year. Overall, the export price showed a precipitous curtailment. The growth pace was the most rapid in 2021 when the average export price increased by 18%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Malaysia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-22.5%).

Polymethyl Methacrylate Imports

Imports into Morocco

In 2022, the amount of polymethyl methacrylate in primary forms imported into Morocco surged to X tons, jumping by 52% against the previous year. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, polymethyl methacrylate imports surged to $X in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of polymethyl methacrylate to Morocco, accounting for a 60% share of total imports. Moreover, polymethyl methacrylate imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Spain (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +50.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+42.6% per year) and Spain (+42.4% per year).

In value terms, Italy ($X) constituted the largest supplier of polymethyl methacrylate in primary forms to Morocco, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with a 26% share of total imports. It was followed by Spain, with a 6.5% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +51.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+41.2% per year) and Spain (+41.2% per year).

Import Prices by Country

In 2022, the average polymethyl methacrylate import price amounted to $X per ton, growing by 11% against the previous year. Overall, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 41%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for polymethyl methacrylate in primary forms in the world?

The countries with the highest volumes of polymethyl methacrylate consumption in 2021 were China, the United States and India, together comprising 41% of global consumption. Japan, Germany, Brazil, Russia, Indonesia, Taiwan Chinese), Saudi Arabia, the UK and Italy lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of polymethyl methacrylate in primary forms in the world?

The countries with the highest volumes of polymethyl methacrylate production in 2021 were the United States, China and South Korea, together accounting for 32% of global production. These countries were followed by India, Japan, Germany, Brazil, Russia, Indonesia, Singapore, Italy, the UK and Saudi Arabia, which together accounted for a further 42%.

What are the leading suppliers of polymethyl methacrylate in primary forms to Morocco?

In value terms, the largest polymethyl methacrylate suppliers to Morocco were Italy, India and Germany, together comprising 63% of total imports.

What is the average export price for polymethyl methacrylate in primary forms in Morocco?

The average polymethyl methacrylate export price stood at $1,662 per ton in 2021, with an increase of 16% against the previous year.

What is the average import price for polymethyl methacrylate in primary forms in Morocco?

The average polymethyl methacrylate import price stood at $5,156 per ton in 2021, with an increase of 30% against the previous year.

This report provides an in-depth analysis of the polymethyl methacrylate 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 20165350 - Polymethyl methacrylate, in primary forms

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023