Morocco: Stamping Foil Market 2024

Stamping Foil Market Size in Morocco

The Moroccan stamping foil market fell markedly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a measured increase 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Stamping Foil Exports

Exports from Morocco

After four years of growth, shipments abroad of stamping foils decreased by X% to X tons in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, stamping foil exports shrank to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Cote d'Ivoire (X tons), Egypt (X tons) and Tunisia (X tons) were the main destinations of stamping foil exports from Morocco, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of X.6%), while the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Cote d'Ivoire ($X) and Egypt ($X) were the largest markets for stamping foil exported from Morocco worldwide, together comprising X% of total exports.

Cote d'Ivoire, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average stamping foil export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the 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 Tunisia ($X per ton), while the average price for exports to Egypt ($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 Egypt (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stamping Foil Imports

Imports into Morocco

In 2022, imports of stamping foils into Morocco shrank markedly to X tons, with a decrease of X% on 2021. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, stamping foil imports reduced dramatically to $X in 2022. In general, total imports indicated a temperate increase 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest stamping foil supplier to Morocco, with a X% share of total imports. Moreover, stamping foil imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

In value terms, the largest stamping foil suppliers to Morocco were Malaysia ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average stamping foil import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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