Morocco: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Morocco

In 2021, the Moroccan porous-tipped pen market decreased by -23.5% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, posted a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports from Morocco

In 2021, the amount of porous-tipped pens and markers exported from Morocco contracted markedly to X units, waning by -97.6% against the previous year. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by 30,527% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, porous-tipped pen exports dropped dramatically to $X in 2021. In general, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 18,004%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for porous-tipped pen exports from Morocco, with a 90% share of total exports. Moreover, porous-tipped pen exports to France exceeded the volume sent to the second major destination, Senegal (X units), more than tenfold. Togo (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at -8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+35.8% per year) and Togo (+97.9% per year).

In value terms, France ($X) emerged as the key foreign market for porous-tipped pens and markers exports from Morocco, comprising 87% of total exports. The second position in the ranking was held by Senegal ($X), with an 8.8% share of total exports. It was followed by Togo, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+49.9% per year) and Togo (+320.3% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, rising by 76% against the previous year. Over the period under review, the export price posted mild growth. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+113.6%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Morocco

In 2021, overseas purchases of porous-tipped pens and markers decreased by -33% to X units, falling for the third consecutive year after two years of growth. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 70% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, porous-tipped pen imports contracted dramatically to $X in 2021. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 51%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of porous-tipped pen to Morocco, with a 73% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), tenfold. The third position in this ranking was taken by Germany (X units), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-1.8% per year) and Germany (+2.3% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to Morocco, comprising 56% of total imports. The second position in the ranking was held by Thailand ($X), with a 12% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+1.8% per year) and Germany (+0.5% per year).

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, with an increase of 16% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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