Morocco: Market for Wood Chips, Parts, Residues, Pellets And Other Agglomerates 2025

Market Size for Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Morocco

In 2021, the Moroccan market for wood chips, parts, residues, pellets and other agglomerates decreased by -7.8% to $X, falling for the second year in a row after five years of growth. In general, consumption faced a abrupt setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Wood Chips, Parts, Residues, Pellets And Other Agglomerates in Morocco

In value terms, production of wood chips, parts, residues, pellets and other agglomerates fell to $X in 2021 estimated in export price. In general, production showed moderate growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 63%. Production of peaked at $X in 2020, and then shrank in the following year.

Exports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Exports from Morocco

After three years of decline, shipments abroad of wood chips, parts, residues, pellets and other agglomerates increased by 344% to X cubic meters in 2021. Overall, exports, however, saw a slight slump. Over the period under review, the exports of attained the maximum at X cubic meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2021. In general, exports posted moderate growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X cubic meters), Germany (X cubic meters) and Qatar (X cubic meters) were the main destinations of exports of wood chips, parts, residues, pellets and other agglomerates from Morocco, with a combined 40% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +108.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood chips, parts, residues, pellets and other agglomerates exported from Morocco were Germany ($X), Qatar ($X) and France ($X), with a combined 48% share of total exports. These countries were followed by Belgium, the UK, Saudi Arabia, Spain and Portugal, which together accounted for a further 16%.

Spain, with a CAGR of +75.2%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2021, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, declining by -2.1% against the previous year. In general, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 98%. Over the period under review, the average export prices attained the maximum at $X per cubic meter in 2020, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per cubic meter), while the average price for exports to Portugal ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood Chips, Parts, Residues, Pellets And Other Agglomerates

Imports into Morocco

In 2021, purchases abroad of wood chips, parts, residues, pellets and other agglomerates was finally on the rise to reach X cubic meters after two years of decline. In general, imports, however, saw a sharp curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 122%. Imports peaked at X cubic meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of wood chips, parts, residues, pellets and other agglomerates skyrocketed to $X in 2021. Overall, imports, however, recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 90% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Portugal (X cubic meters) constituted the largest supplier of wood chips, parts, residues, pellets and other agglomerates to Morocco, accounting for a 39% share of total imports. Moreover, imports of wood chips, parts, residues, pellets and other agglomerates from Portugal exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), ninefold. Germany (X cubic meters) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-24.8% per year) and Germany (+3.8% per year).

In value terms, Portugal ($X), France ($X) and Germany ($X) constituted the largest wood chips, parts, residues, pellets and other agglomerates suppliers to Morocco, together comprising 51% of total imports. These countries were followed by Spain, Turkey, China and Egypt, which together accounted for a further 8.7%.

Turkey, with a CAGR of +44.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average import price for wood chips, parts, residues, pellets and other agglomerates amounted to $X per cubic meter, declining by -25.1% against the previous year. Over the period under review, the import price showed a mild decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 106% against the previous year. The import price peaked at $X per cubic meter in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per cubic meter), while the price for Portugal ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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