Report Update Feb 1, 2025

Morocco - Tyre Cord Fabric of High Tenacity Yarn - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Tyre Cord Fabric Market 2025

Tyre Cord Fabric Market Size in Morocco

The Moroccan tyre cord fabric market reduced rapidly to $X in 2021, which is down by -90.3% 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). Over the period under review, consumption, however, continues to indicate a buoyant increase. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Tyre Cord Fabric Exports

Exports from Morocco

In 2021, tyre cord fabric exports from Morocco fell dramatically to X kg, which is down by -53.3% compared with 2020. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 647%. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, tyre cord fabric exports fell significantly to $X in 2021. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 435%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for tyre cord fabric exports from Morocco, with a 73% share of total exports. Moreover, tyre cord fabric exports to France exceeded the volume sent to the second major destination, Spain (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +17.5%.

In value terms, Spain ($X) remains the key foreign market for tyre cord fabric of high tenacity yarn exports from Morocco, comprising 77% of total exports. The second position in the ranking was held by France ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +33.4%.

Export Prices by Country

The average tyre cord fabric export price stood at $X per ton in 2021, growing by 26% against the previous year. In general, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 209%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.6%).

Tyre Cord Fabric Imports

Imports into Morocco

In 2021, approx. X tons of tyre cord fabric of high tenacity yarn were imported into Morocco; waning by -89% against the previous year's figure. Over the period under review, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 6,801%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tyre cord fabric imports shrank rapidly to $X in 2021. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 6,539%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Spain (X kg), Belgium (X kg) and the United States (X kg) were the main suppliers of tyre cord fabric imports to Morocco, together comprising 61% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +76.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of tyre cord fabric of high tenacity yarn to Morocco, comprising 31% of total imports. The second position in the ranking was taken by Belgium ($X), with a 14% share of total imports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +39.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+65.8% per year) and Germany (+47.7% per year).

Import Prices by Country

In 2021, the average tyre cord fabric import price amounted to $X per ton, approximately equating the previous year. Overall, the import price, however, saw a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of 57% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tyre cord fabric of high tenacity yarn in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption. These countries were followed by Germany, Indonesia, Russia, Thailand, Mexico, Japan, Turkey, Brazil, Canada and South Korea, which together accounted for a further 33%.

What are the largest producers of tyre cord fabric of high tenacity yarn in the world?

China remains the largest tyre cord fabric producing country worldwide, accounting for 32% of total volume. Moreover, tyre cord fabric production in China exceeded the figures recorded by the second-largest producer, Vietnam, fourfold. Germany ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of tyre cord fabric of high tenacity yarn to Morocco?

In value terms, the largest tyre cord fabric suppliers to Morocco were Spain, Portugal and Belgium, with a combined 73% share of total imports.

What are the leading importers of tyre cord fabric of high tenacity yarn from Morocco?

In value terms, Spain remains the key foreign market for tyre cord fabric exports from Morocco, comprising 77% of total exports. The second position in the ranking was occupied by France $593), with a 23% share of total exports.

What is the average export price for tyre cord fabric of high tenacity yarn in Morocco?

In 2021, the average tyre cord fabric export price amounted to $15,060 per ton, rising by 20% against the previous year.

What is the average import price for tyre cord fabric of high tenacity yarn in Morocco?

In 2021, the average tyre cord fabric import price amounted to $5,602 per ton, surging by 20% against the previous year.

This report provides an in-depth analysis of the tyre cord fabric market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13961500 - Tyre cord fabrics of high tenacity yarn, of nylon, other polyamides, polyesters or viscose rayon

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024