Morocco: Unwrought Lead Market 2021

Unwrought Lead Market Size in Morocco

After three years of growth, the Moroccan unwrought lead market decreased by -X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Unwrought lead consumption peaked at $X in 2019, and then reduced modestly in the following year.

Unwrought Lead Production in Morocco

In value terms, unwrought lead production fell slightly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Unwrought lead production peaked at $X in 2019, and then shrank modestly in the following year.

Unwrought Lead Exports

Exports from Morocco

In 2020, shipments abroad of unwrought lead decreased by -X% to X tons, falling for the seventh year in a row after two years of growth. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tons in 2009; however, from 2010 to 2020, exports failed to regain the momentum.

In value terms, unwrought lead exports dropped notably to $X in 2020. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for unwrought lead exports from Morocco, accounting for a X% share of total exports. Moreover, unwrought lead exports to India exceeded the volume sent to the second major destination, Turkey (X tons), twofold.

From 2007 to 2020, the average annual growth rate of volume to India amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+X% per year) and Italy (-X% per year).

In value terms, India ($X), Turkey ($X) and Italy ($X) constituted the largest markets for unwrought lead exported from Morocco worldwide, with a combined X% share of total exports.

Among the main countries of destination, Turkey saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average unwrought lead export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2012 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied somewhat for the major external markets. In 2020, the country with the highest price was Turkey ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced a decline.

Unwrought Lead Imports

Imports into Morocco

In 2020, imports of unwrought lead into Morocco contracted remarkably to X tons, with a decrease of -X% on 2019 figures. Over the period under review, imports faced a sharp descent. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Imports peaked at X tons in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought lead imports shrank markedly to $X in 2020. In general, imports showed a sharp descent. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, France (X tons) was the main unwrought lead supplier to Morocco, accounting for a X% share of total imports. Moreover, unwrought lead imports from France exceeded the figures recorded by the second-largest supplier, Spain (X kg), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from France stood at -X%.

In value terms, France ($X) constituted the largest supplier of unwrought lead to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from France amounted to -X%.

Import Prices by Country

The average unwrought lead import price stood at $X per ton in 2020, rising by X% against the previous year. Overall, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Spain ($X per ton), while the price for France amounted to $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox Platform

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