Price for Wood; Shingles and Shakes in Morocco - 2022
Contents:
- Price for Wood; Shingles and Shakes in Morocco (CIF) - 2022
- Imports of Wood; Shingles and Shakes in Morocco
Price for Wood; Shingles and Shakes in Morocco (CIF) - 2022
The average wood; shingles and shakes import price stood at $4,075 per ton in 2022, surging by 54% against the previous year. Over the period under review, the import price recorded notable growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 107%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($11,311 per ton), while the price for Turkey ($2,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wood; Shingles and Shakes in Morocco
In 2022, wood; shingles and shakes imports into Morocco surged to 12 tons, with an increase of 88% compared with the previous year. In general, imports posted a notable expansion. The growth pace was the most rapid in 2020 with an increase of 108% against the previous year. As a result, imports attained the peak of 22 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wood; shingles and shakes imports skyrocketed to $48K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood; Shingles and Shakes in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.9 | 11.4 | 2.9 | 27.4 | 45.5% |
| United States | N/A | N/A | N/A | 12.0 | 0% |
| Turkey | 0.6 | 0.5 | N/A | 8.9 | 145.7% |
| China | 8.6 | 17.1 | 7.5 | N/A | -6.6% |
| Italy | 4.2 | 2.4 | 2.5 | N/A | -22.8% |
| Others | 3.3 | 2.8 | 3.6 | N/A | 4.4% |
| Total | 25.5 | 34.1 | 16.6 | 48.3 | 23.7% |
Top Suppliers of Wood; Shingles and Shakes to Morocco in 2022:
- United States (5.4 tons)
- Turkey (4.0 tons)
- Spain (2.4 tons)
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