Morocco: Soap In Bars Market 2024

Soap In Bars Market Size in Morocco

The Moroccan soap in bars market reached $X in 2022, growing by X% against the previous year. Overall, consumption saw a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Soap In Bars Production in Morocco

In value terms, soap in bars production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Soap In Bars Exports

Exports from Morocco

In 2022, the amount of soap and organic surface-active products in bars exported from Morocco shrank dramatically to X tons, dropping by X% compared with the year before. Overall, exports showed a deep setback. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, soap in bars exports fell significantly to $X in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Senegal (X tons) was the main destination for soap in bars exports from Morocco, accounting for a X% share of total exports. Moreover, soap in bars exports to Senegal exceeded the volume sent to the second major destination, Mauritania (X tons), sixfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

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

In value terms, Senegal ($X) remains the key foreign market for soap and organic surface-active products in bars exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

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

Export Prices by Country

The average soap in bars export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, export price indicated noticeable 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, soap in bars export price increased by X% against 2016 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Senegal ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Morocco

In 2022, soap in bars imports into Morocco reduced to X tons, waning by X% compared with the previous year. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume 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. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, soap in bars imports reduced notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of soap in bars to Morocco, accounting for a X% share of total imports. Moreover, soap in bars imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by France (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of soap and organic surface-active products in bars to Morocco, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and France (X% per year).

Import Prices by Country

The average soap in bars import price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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