Report Update Nov 1, 2024

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

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Morocco: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Morocco

For the third consecutive year, the Moroccan unvulcanized rubber market recorded growth in sales value, which increased by 29% to $X in 2022. In general, consumption recorded resilient growth. Unvulcanized rubber consumption peaked in 2022 and is likely to see steady growth in years to come.

Unvulcanized Rubber Exports

Exports from Morocco

In 2022, shipments abroad of unvulcanized rubber and articles thereof was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, saw a slight reduction. The growth pace was the most rapid in 2015 with an increase of 356% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, unvulcanized rubber exports soared to $X in 2022. In general, exports enjoyed a mild expansion. The growth pace was the most rapid in 2017 with an increase of 160% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons), Guinea (X tons) and Italy (X tons) were the main destinations of unvulcanized rubber exports from Morocco, with a combined 90% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of +139.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guinea ($X) emerged as the key foreign market for unvulcanized rubber and articles thereof exports from Morocco, comprising 57% of total exports. The second position in the ranking was taken by Spain ($X), with a 20% share of total exports. It was followed by Italy, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Guinea totaled +121.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-1.6% per year) and Italy (+20.4% per year).

Export Prices by Country

In 2022, the average unvulcanized rubber export price amounted to $X per ton, rising by 13% against the previous year. Over the period under review, the export price posted noticeable growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 188% against the previous year. The export price peaked in 2022 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 Guinea ($X per ton), while the average price for exports to Spain ($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 Mauritania (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Unvulcanized Rubber Imports

Imports into Morocco

In 2022, overseas purchases of unvulcanized rubber and articles thereof increased by 20% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, unvulcanized rubber imports surged to $X in 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of unvulcanized rubber to Morocco, with a 54% share of total imports. Moreover, unvulcanized rubber imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. The third position in this ranking was held by China (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.7% per year) and China (-5.1% per year).

In value terms, Spain ($X) constituted the largest supplier of unvulcanized rubber and articles thereof to Morocco, comprising 52% of total imports. The second position in the ranking was held by Italy ($X), with a 9.8% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.4% per year) and France (+4.0% per year).

Import Prices by Country

The average unvulcanized rubber import price stood at $X per ton in 2022, growing by 8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 9.1% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($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 (+7.1%), 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 unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, with a combined 47% share of global consumption. Malaysia, Italy, Indonesia, Spain, Germany, India, Canada, Poland, France and Turkey lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 47% of global production.

What are the leading suppliers of unvulcanized rubber and articles thereof to Morocco?

In value terms, Spain constituted the largest supplier of unvulcanized rubber to Morocco, comprising 52% of total imports. The second position in the ranking was occupied by France, with a 7.8% share of total imports. It was followed by Germany, with a 5.4% share.

What are the leading importers of unvulcanized rubber and articles thereof from Morocco?

In value terms, Poland emerged as the key foreign market for unvulcanized rubber exports from Morocco, comprising 73% of total exports. The second position in the ranking was occupied by Tunisia, with a 9% share of total exports. It was followed by Spain, with a 6.3% share.

What is the average export price for unvulcanized rubber and articles thereof in Morocco?

The average unvulcanized rubber export price stood at $14,398 per ton in 2021, falling by -5.5% against the previous year.

What is the average import price for unvulcanized rubber and articles thereof in Morocco?

In 2021, the average unvulcanized rubber import price amounted to $3,048 per ton, dropping by -2% against the previous year.

This report provides an in-depth analysis of the unvulcanized 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
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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