Morocco: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Morocco

The Moroccan market for self-adhesive plastic tape in rolls of a width under Xcm soared to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Consumption of peaked in 2022 and is expected to retain growth in years to come.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Morocco

In 2022, overseas shipments of self-adhesive plastic tape in rolls of a width under Xcm increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm surged to $X in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under Xcm from Morocco, with a X% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under Xcm to Senegal exceeded the volume sent to the second major destination, Tunisia (X tons), more than tenfold. The third position in this ranking was held by Togo (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and Togo (X% per year).

In value terms, Senegal ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under Xcm exports from Morocco, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with an X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Senegal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Tunisia (X% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price showed mild growth. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Slovakia ($X 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 Egypt (X%), while the prices for the other major destinations experienced a decline.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Morocco

In 2022, overseas purchases of self-adhesive plastic tape in rolls of a width under Xcm were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Spain (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under Xcm to Morocco, with a combined X% share of total imports. Italy, France, Germany, Turkey, Taiwan (Chinese), Luxembourg, Egypt, Tunisia, Greece and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), France ($X) and China ($X) constituted the largest self-adhesive plastic tape in rolls of a width under Xcm suppliers to Morocco, together comprising X% of total imports. Germany, the United Arab Emirates, Italy, Turkey, Taiwan (Chinese), Luxembourg, the Netherlands, Egypt, Tunisia and Greece lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a pronounced contraction. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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