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Morocco - Spools, Cops And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Support Price in Morocco - 2022
Contents:
- Plastic Support Price in Morocco (CIF) - 2022
- Plastic Support Price in Morocco (FOB) - 2022
- Plastic Support Imports in Morocco
- Plastic Support Exports in Morocco
Plastic Support Price in Morocco (CIF) - 2022
The average plastic support import price stood at $4,910 per ton in December 2022, stabilizing at the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in June 2022 an increase of 11% against the previous month. As a result, import price attained the peak level of $5,345 per ton. From July 2022 to December 2022, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($6,010 per ton), while the price for India ($3,849 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 Italy (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Plastic Support Price in Morocco (FOB) - 2022
The average plastic support export price stood at $4,977 per ton in 2022, growing by 8.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 27% against the previous year. The export price peaked at $6,293 per ton in 2017; however, from 2018 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 Portugal ($8,479 per ton), while the average price for exports to China ($479 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 Austria (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Support Imports in Morocco
Plastic support imports into Morocco surged to 11K tons in 2022, with an increase of 15% against the previous year's figure. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic support imports soared to $55M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Plastic Support in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 20.4 | 18.4 | 20.2 | 26.0 | 8.4% |
Turkey | 3.7 | 5.4 | 6.5 | 6.9 | 23.1% |
France | 5.7 | 5.4 | 6.7 | 6.0 | 1.7% |
Italy | 3.4 | 3.5 | 3.4 | 3.8 | 3.8% |
Germany | 1.3 | 1.2 | 1.8 | 2.6 | 26.0% |
Egypt | 1.5 | 1.2 | 1.2 | 1.6 | 2.2% |
India | 0.7 | 0.7 | 0.6 | 1.2 | 19.7% |
Others | 7.2 | 5.9 | 5.6 | 6.7 | -2.4% |
Total | 43.9 | 41.7 | 46.0 | 54.8 | 7.7% |
Top Suppliers of Plastic Support to Morocco in 2022:
- Spain (5.8K tons)
- Turkey (1.5K tons)
- France (0.8K tons)
- Italy (0.7K tons)
- Egypt (0.4K tons)
- India (0.3K tons)
- Germany (0.3K tons)
Plastic Support Exports in Morocco
In 2022, approx. 1.4K tons of spools, cops and similar supports of plastics were exported from Morocco; jumping by 38% compared with the previous year. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 150% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, plastic support exports soared to $7.1M in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 155%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Plastic Support in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 446 | 458 | 1,944 | 3,397 | 96.8% |
Spain | 397 | 48.8 | 346 | 684 | 19.9% |
Mali | 4.4 | 5.3 | 0.4 | 314 | 314.8% |
Mauritania | 447 | 369 | 477 | 229 | -20.0% |
Cote d'Ivoire | 42.9 | 47.6 | 34.1 | 219 | 72.2% |
Germany | 53.0 | 95.3 | 448 | 212 | 58.7% |
France | 271 | 267 | 391 | 193 | -10.7% |
Austria | 3.9 | 15.6 | 31.0 | 165 | 248.4% |
Italy | 143 | 179 | 258 | 128 | -3.6% |
Turkey | 2.3 | 55.6 | 64.1 | 106 | 258.5% |
Slovakia | 0.9 | 1.7 | 37.3 | 91.4 | 366.6% |
Romania | 2.8 | 15.1 | 115 | 80.5 | 206.3% |
China | 9.3 | 4.7 | 9.5 | 42.1 | 65.4% |
Others | 263 | 298 | 590 | 1,279 | 69.4% |
Total | 2,087 | 1,861 | 4,747 | 7,139 | 50.7% |
Top Export Markets for Plastic Support from Morocco in 2022:
- Portugal (400.7 tons)
- Spain (178.7 tons)
- Germany (116.9 tons)
- Mali (107.8 tons)
- China (87.8 tons)
- Mauritania (75.9 tons)
- France (58.4 tons)
- Italy (41.7 tons)
- Slovakia (36.3 tons)
- Cote d'Ivoire (35.0 tons)
- Austria (33.9 tons)
- Romania (30.6 tons)
- Turkey (30.2 tons)
This report provides an in-depth analysis of the plastic support 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
- Prodcom 22221920 - Plastic caps and capsules for bottles
- Prodcom 22221930 - Plastic stoppers, lids, caps and other closures (excluding for bottles)
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
-
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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