Morocco: Market for Saw Logs And Veneer Logs 2024

Market Size for Saw Logs And Veneer Logs in Morocco

The Moroccan market for saw logs and veneer logs fell to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Saw Logs And Veneer Logs in Morocco

In value terms, saw logs and veneer logs production reduced sharply to $X in 2022 estimated in export price. In general, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Saw Logs And Veneer Logs

Exports from Morocco

In 2022, shipments abroad of saw logs and veneer logs increased by X% to X cubic meters for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, saw logs and veneer logs exports skyrocketed to $X in 2022. In general, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X cubic meters) was the main destination for saw logs and veneer logs exports from Morocco, with a X% share of total exports. Moreover, saw logs and veneer logs exports to France exceeded the volume sent to the second major destination, Russia (X cubic meters), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Spain (X% per year).

In value terms, France ($X) emerged as the key foreign market for saw logs and veneer logs exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Spain (X% per year).

Export Prices by Country

The average export price for saw logs and veneer logs stood at $X per cubic meter in 2022, approximately mirroring the previous year. In general, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per cubic meter. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saw Logs And Veneer Logs

Imports into Morocco

In 2022, the amount of saw logs and veneer logs imported into Morocco fell modestly to X cubic meters, therefore, remained relatively stable against the previous year's figure. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X cubic meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, saw logs and veneer logs imports shrank to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X cubic meters) constituted the largest supplier of saw logs and veneer logs to Morocco, accounting for a X% share of total imports. Moreover, saw logs and veneer logs imports from Belgium exceeded the figures recorded by the second-largest supplier, Poland (X cubic meters), twofold. Sweden (X cubic meters) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Sweden (X% per year).

In value terms, the largest saw logs and veneer logs suppliers to Morocco were Belgium ($X), Poland ($X) and Sweden ($X), with a combined X% share of total imports.

Among the main suppliers, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for saw logs and veneer logs amounted to $X per cubic meter, falling by X% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, saw logs and veneer logs import price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price attained the peak level of $X per cubic meter, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per cubic meter), while the price for France ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform

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