Morocco: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Morocco

In 2021, the Moroccan market for prefabricated buildings of plastics, concrete or aluminium was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted strong growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Morocco

In value terms, production of prefabricated buildings of plastics, concrete or aluminium expanded notably to $X in 2021 estimated in export price. Over the period under review, production posted a remarkable increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 70%. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Morocco

In 2021, exports of prefabricated buildings of plastics, concrete or aluminium from Morocco dropped markedly to X tons, which is down by -18% against the year before. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 762% against the previous year. As a result, the exports reached the peak of X tons, and then declined markedly in the following year.

In value terms, exports of prefabricated buildings of plastics, concrete or aluminium reached $X in 2021. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 643% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Morocco, with a 88% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Cote d'Ivoire exceeded the volume sent to the second major destination, Mauritania (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled +70.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+12.0% per year) and Mali (+49.2% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Morocco, comprising 90% of total exports. The second position in the ranking was held by Mali ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire totaled +58.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+54.5% per year) and Mauritania (+12.0% per year).

Export Prices by Country

In 2021, the average export price for prefabricated buildings of plastics, concrete or aluminium amounted to $X per ton, rising by 23% against the previous year. In general, the export price, however, continues to indicate a perceptible shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Mauritania ($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 Tunisia (+43.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Morocco

In 2021, the amount of prefabricated buildings of plastics, concrete or aluminium imported into Morocco contracted to X tons, declining by -12.8% on the previous year's figure. Overall, imports faced a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 117%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021. In general, imports recorded a abrupt contraction. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest prefabricated buildings of plastics, concrete or aluminium supplier to Morocco, accounting for a 49% share of total imports. Moreover, imports of prefabricated buildings of plastics, concrete or aluminium from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+0.7% per year) and Turkey (-4.4% per year).

In value terms, Italy ($X), France ($X) and Spain ($X) were the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Morocco, with a combined 72% share of total imports. Turkey, Portugal, Germany and China lagged somewhat behind, together comprising a further 25%.

Germany, with a CAGR of +75.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, rising by 102% against the previous year. Overall, the import price, however, saw a slight decrease. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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