Morocco: Printing Components Market 2024

Printing Components Market Size in Morocco

The Moroccan printing components market fell to $X in 2022, dropping by -8.3% against the previous year. In general, the total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +9.8% against 2020 indices. Printing components consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Printing Components Production in Morocco

In value terms, printing components production shrank to $X in 2022 estimated in export price. Overall, the total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +12.3% against 2020 indices. The pace of growth appeared the most rapid in 2016 with an increase of 56%. Printing components production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Printing Components Exports

Exports from Morocco

In 2022, the amount of printing components exported from Morocco skyrocketed to X tons, increasing by 26% on the year before. Overall, exports posted a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 126%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, printing components exports reduced remarkably to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 161%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons), Italy (X tons) and Spain (X tons) were the main destinations of printing components exports from Morocco, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +114.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Spain ($X) and Italy ($X) were the largest markets for printing components exported from Morocco worldwide, with a combined 71% share of total exports.

In terms of the main countries of destination, Greece, with a CAGR of +87.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average printing components export price stood at $X per ton in 2022, waning by -33.2% against the previous year. Over the period under review, the export price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 196% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a 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 ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+8.2%), while the prices for the other major destinations experienced a decline.

Printing Components Imports

Imports into Morocco

In 2022, approx. X tons of printing components were imported into Morocco; growing by 25% compared with the previous year. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +12.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +10.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 167% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, printing components imports soared to $X in 2022. In general, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +9.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 84% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Greece (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of printing components imports to Morocco, together accounting for 62% of total imports. The United Arab Emirates, Egypt, China, Switzerland, France and Germany lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +38.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Italy ($X) and the United Arab Emirates ($X) were the largest printing components suppliers to Morocco, together comprising 56% of total imports.

The United Arab Emirates, with a CAGR of +34.7%, saw 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 printing components import price stood at $X per ton in 2022, reducing by -5.8% against the previous year. In general, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 21%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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