Report Update Nov 1, 2024

Morocco - Unvulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Morocco

The Moroccan unvulcanised rubber market soared to $X in 2021, picking up by 29% 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 posted a buoyant expansion. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Unvulcanised Rubber Exports

Exports from Morocco

For the third consecutive year, Morocco recorded growth in overseas shipments of unvulcanised rubber, which increased by 139% to X kg in 2021. Overall, exports saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 715%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, unvulcanised rubber exports soared to $X in 2021. Over the period under review, exports continue to indicate a modest increase. The most prominent rate of growth was recorded in 2017 with an increase of 683% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Italy (X kg) was the main destination for unvulcanised rubber exports from Morocco, with a 95% share of total exports. It was followed by Spain (X kg), with a 2.5% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Italy totaled +86.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-26.6% per year) and the UK (+30.5% per year).

In value terms, Italy ($X) remains the key foreign market for unvulcanised rubber exports from Morocco, comprising 80% of total exports. The second position in the ranking was held by the UK ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Italy totaled +81.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+59.2% per year) and Spain (-25.9% per year).

Export Prices by Country

In 2021, the average unvulcanised rubber export price amounted to $X per ton, which is down by -21% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 40%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanised Rubber Imports

Imports into Morocco

In 2021, approx. X tons of unvulcanised rubber were imported into Morocco; rising by 8.9% on 2020. In general, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 60% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, unvulcanised rubber imports soared to $X in 2021. Overall, imports recorded a buoyant expansion. The growth pace was the most rapid in 2018 with an increase of 37% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of unvulcanised rubber to Morocco, with a 24% share of total imports. Moreover, unvulcanised rubber imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.6% per year) and the UK (+45.3% per year).

In value terms, Spain ($X), the UK ($X) and France ($X) were the largest unvulcanised rubber suppliers to Morocco, together accounting for 42% of total imports.

Among the main suppliers, the UK, with a CAGR of +49.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average unvulcanised rubber import price stood at $X per ton in 2021, growing by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +3.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+7.5%), 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 unvulcanised rubber in the world?

China constituted the country with the largest volume of unvulcanised rubber consumption, accounting for 26% of total volume. Moreover, unvulcanised rubber consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.3% share.

What are the largest producers of unvulcanised rubber in the world?

China remains the largest unvulcanised rubber producing country worldwide, comprising approx. 25% of total volume. Moreover, unvulcanised rubber production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with an 8.8% share.

What are the leading suppliers of unvulcanised rubber to Morocco?

In value terms, Spain, the UK and Italy appeared to be the largest unvulcanised rubber suppliers to Morocco, together comprising 82% of total imports.

What is the average export price for unvulcanised rubber in Morocco?

The average unvulcanised rubber export price stood at $4,249 per ton in 2020, increasing by 23% against the previous year.

What is the average import price for unvulcanised rubber in Morocco?

In 2020, the average unvulcanised rubber import price amounted to $2,651 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the unvulcanised rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023