Morocco: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Morocco

In 2020, after six years of growth, there was decline in the Moroccan wood fuel (non-coniferous) market, when its value decreased by -X% to $X. In general, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Wood fuel (non-coniferous) consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Wood Fuel (Non-Coniferous) Production in Morocco

In value terms, wood fuel (non-coniferous) production dropped to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Wood fuel (non-coniferous) production peaked at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Wood Fuel (Non-Coniferous) Exports

Exports from Morocco

In 2020, wood fuel (non-coniferous) exports from Morocco shrank sharply to X cubic meters, dropping by -X% on 2019 figures. In general, exports faced a abrupt descent. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. As a result, exports reached the peak of X cubic meters. from 2010 to 2020, the growth exports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) exports surged to $X in 2020. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X cubic meters), Canada (X cubic meters) and France (X cubic meters) were the main destinations of wood fuel (non-coniferous) exports from Morocco, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium, while exports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X), Canada ($X) and France ($X) appeared to be the largest markets for wood fuel (non-coniferous) exported from Morocco worldwide, with a combined X% share of total exports.

Canada recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average wood fuel (non-coniferous) export price amounted to $X per cubic meter, rising by X% against the previous year. Overall, the export price, however, saw a mild decrease. The export price peaked at $X per cubic meter in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Canada ($X per cubic meter), while the average price for exports to France ($X per cubic meter) was amongst the lowest.

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

Wood Fuel (Non-Coniferous) Imports

Imports into Morocco

In 2020, overseas purchases of wood fuel (non-coniferous) increased by X% to X cubic meters, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at X cubic meters in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, wood fuel (non-coniferous) imports skyrocketed to $X in 2020. Over the period under review, imports, however, continue to indicate a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X cubic meters), Italy (X cubic meters) and Spain (X cubic meters) were the main suppliers of wood fuel (non-coniferous) imports to Morocco, with a combined X% share of total imports. These countries were followed by Denmark, Croatia, Germany, China, Benin, Romania, France and Turkey, which together accounted for a further X 2007 to 2020, the biggest increases were in Denmark, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) constituted the largest supplier of wood fuel (non-coniferous) to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Denmark amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Spain (-X% per year).

Import Prices by Country

The average wood fuel (non-coniferous) import price stood at $X per cubic meter in 2020, shrinking by -X% against the previous year. Overall, the import price, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per cubic meter, and then contracted in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per cubic meter), while the price for Belgium ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform