Price for Wood; Statuettes and Other Ornaments of Wood in Morocco - 2022
Contents:
- Price for Wood; Statuettes and Other Ornaments of Wood in Morocco (CIF) - 2022
- Price for Wood; Statuettes and Other Ornaments of Wood in Morocco (FOB) - 2022
- Imports of Wood; Statuettes and Other Ornaments of Wood in Morocco
- Exports of Wood; Statuettes and Other Ornaments of Wood in Morocco
Price for Wood; Statuettes and Other Ornaments of Wood in Morocco (CIF) - 2022
The average import price for wood; statuettes and other ornaments of wood stood at $4,043 per ton in 2022, dropping by -21.1% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44%. The import price peaked at $5,126 per ton in 2021, and then fell rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,002 per ton), while the price for Poland ($1,558 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood; Statuettes and Other Ornaments of Wood in Morocco (FOB) - 2022
The average export price for wood; statuettes and other ornaments of wood stood at $5,532 per ton in 2022, dropping by -4.4% against the previous year. In general, the export price recorded a mild reduction. The growth pace was the most rapid in 2020 an increase of 37% against the previous year. The export price peaked at $7,499 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($13,431 per ton), while the average price for exports to Mauritania ($250 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 the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood; Statuettes and Other Ornaments of Wood in Morocco
In 2022, after two years of decline, there was significant growth in purchases abroad of wood; statuettes and other ornaments of wood, when their volume increased by 70% to 82 tons. In general, imports, however, recorded a abrupt contraction.
In value terms, imports of wood; statuettes and other ornaments of wood soared to $332K in 2022. Over the period under review, imports, however, recorded a abrupt descent.
| Import of Wood; Statuettes and Other Ornaments of Wood in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 211 | 134 | 138 | 165 | -7.9% |
| India | 47.0 | 32.4 | 22.7 | 34.9 | -9.4% |
| Indonesia | 47.5 | 5.7 | 6.1 | 20.3 | -24.7% |
| Turkey | 19.1 | 11.6 | 15.2 | 15.7 | -6.3% |
| Cameroon | 24.3 | 5.5 | 2.6 | 11.1 | -23.0% |
| Poland | 20.0 | 7.4 | 2.0 | 10.0 | -20.6% |
| Syrian Arab Republic | 3.3 | 6.0 | 1.8 | 3.8 | 4.8% |
| Others | 78.9 | 95.9 | 59.6 | 71.9 | -3.0% |
| Total | 451 | 298 | 248 | 332 | -9.7% |
Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Morocco in 2022:
- China (49.4 tons)
- India (8.8 tons)
- Poland (6.4 tons)
- Cameroon (5.1 tons)
- Indonesia (4.0 tons)
- Turkey (2.6 tons)
- Syrian Arab Republic (2.0 tons)
Exports of Wood; Statuettes and Other Ornaments of Wood in Morocco
In 2022, the amount of wood; statuettes and other ornaments of wood exported from Morocco declined significantly to 49 tons, which is down by -19.3% compared with the previous year. Over the period under review, exports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when exports increased by 126% against the previous year. As a result, the exports attained the peak of 60 tons, and then declined notably in the following year.
In value terms, exports of wood; statuettes and other ornaments of wood fell rapidly to $269K in 2022. Overall, exports, however, posted measured growth. The most prominent rate of growth was recorded in 2021 when exports increased by 107%. As a result, the exports attained the peak of $349K, and then fell dramatically in the following year.
| Export of Wood; Statuettes and Other Ornaments of Wood in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 10.6 | 4.7 | 196 | 145 | 139.2% |
| France | 95.1 | 19.9 | 42.3 | 45.3 | -21.9% |
| United States | 37.4 | 17.4 | 27.6 | 23.4 | -14.5% |
| Spain | 23.9 | 20.4 | 8.7 | 15.6 | -13.3% |
| Israel | 5.0 | 8.0 | 11.3 | 8.3 | 18.4% |
| Germany | 4.4 | 3.3 | 10.8 | 8.0 | 22.1% |
| Belgium | 0.2 | 1.1 | 7.0 | 5.2 | 196.2% |
| China | 8.6 | 1.3 | 4.6 | 4.1 | -21.9% |
| Mauritania | 0.2 | N/A | N/A | 2.3 | 125.7% |
| Indonesia | 2.4 | N/A | N/A | N/A | 0% |
| Others | 52.1 | 92.1 | 40.3 | 12.1 | -38.5% |
| Total | 240 | 168 | 349 | 269 | 3.9% |
Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Morocco in 2022:
- United Arab Emirates (10.8 tons)
- Mauritania (9.2 tons)
- Spain (9.1 tons)
- United States (5.8 tons)
- France (5.7 tons)
- Israel (1.9 tons)
- Belgium (1.8 tons)
- Germany (1.7 tons)
- China (1.3 tons)
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