Morocco - Plastic Sacks And Bags - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Bag Price in Morocco - 2022
Contents:
- Plastic Bag Price in Morocco (CIF) - 2022
- Plastic Bag Price in Morocco (FOB) - 2022
- Plastic Bag Imports in Morocco
- Plastic Bag Exports in Morocco
Plastic Bag Price in Morocco (CIF) - 2022
In December 2022, the average plastic bag import price amounted to $3,728 per ton, picking up by 6.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in June 2022 an increase of 15% month-to-month. As a result, import price reached the peak level of $4,225 per ton. From July 2022 to December 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was the UK ($6,345 per ton), while the price for China ($2,475 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Bag Price in Morocco (FOB) - 2022
The average plastic bag export price stood at $6,192 per ton in 2022, picking up by 6.4% against the previous year. Over the period under review, the export price saw a temperate expansion. The growth pace was the most rapid in 2019 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,594 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($27,734 per ton), while the average price for exports to Mauritania ($2,835 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 Senegal (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Bag Imports in Morocco
Plastic bag imports into Morocco totaled 12K tons in 2022, surging by 2.8% on the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 5.7%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, plastic bag imports totaled $44M in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 6.6%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Import of Plastic Bag in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.9 | 10.1 | 11.3 | 12.6 | -0.8% |
Spain | 9.9 | 13.7 | 13.3 | 11.8 | 6.0% |
France | 6.5 | 6.2 | 7.3 | 6.3 | -1.0% |
Portugal | 3.3 | 2.6 | 4.1 | 4.7 | 12.5% |
Turkey | 2.1 | 2.1 | 1.6 | 2.2 | 1.6% |
Poland | 0.6 | 2.0 | 0.9 | 1.3 | 29.4% |
United Arab Emirates | N/A | 0.2 | 0.1 | 1.0 | 123.6% |
Others | 4.9 | 3.9 | 5.0 | 4.4 | -3.5% |
Total | 40.4 | 40.9 | 43.6 | 44.2 | 3.0% |
Top Suppliers of Plastic Bag to Morocco in 2022:
- China (4.6K tons)
- Spain (3.4K tons)
- France (1.2K tons)
- Portugal (1.0K tons)
- Turkey (0.4K tons)
- United Arab Emirates (0.4K tons)
- Poland (0.4K tons)
Plastic Bag Exports in Morocco
Plastic bag exports from Morocco fell markedly to 250 tons in 2022, reducing by -27.1% compared with 2021 figures. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year.
In value terms, plastic bag exports reduced sharply to $1.5M in 2022. Over the period under review, exports recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports attained the peak of $2M, and then dropped rapidly in the following year.
Export of Plastic Bag in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 480 | 422 | 539 | 446 | -2.4% |
France | 198 | 242 | 298 | 323 | 17.7% |
Guinea | 90.2 | N/A | 5.5 | 242 | 39.0% |
Tunisia | N/A | N/A | N/A | 81.8 | 0% |
Spain | 38.4 | 60.2 | 154 | 72.0 | 23.3% |
Gambia | N/A | N/A | N/A | 67.8 | 0% |
Senegal | 115 | 52.4 | 25.7 | 62.5 | -18.4% |
Mauritania | 259 | 65.1 | 161 | 54.0 | -40.7% |
Netherlands | 194 | 295 | 502 | 11.9 | -60.6% |
Germany | 207 | 292 | 50.6 | 4.2 | -72.7% |
Others | 170 | 304 | 259 | 182 | 2.3% |
Total | 1,751 | 1,733 | 1,995 | 1,548 | -4.0% |
Top Export Markets for Plastic Bag from Morocco in 2022:
- Italy (71.4 tons)
- Guinea (55.1 tons)
- Tunisia (24.0 tons)
- Gambia (22.8 tons)
- Mauritania (19.0 tons)
- Spain (14.3 tons)
- France (11.7 tons)
- Senegal (10.6 tons)
- Netherlands (2.5 tons)
- Germany (0.5 tons)
This report provides an in-depth analysis of the plastic bag 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 22221100 - Sacks and bags of polymers of ethylene (including cones)
- Prodcom 22221200 - Plastic sacks and bags (including cones) (excluding of polymers of ethylene)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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