Report Update Apr 1, 2024

Morocco - Wood Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Wood Pellets Market 2024

Wood Pellets Market Size in Morocco

After two years of decline, the Moroccan wood pellets market decreased by X% to $X in 2022. Over the period under review, consumption faced a precipitous decline. The growth pace was the most rapid in 2020 with a decrease of X% against the previous year. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Wood Pellets Production in Morocco

In value terms, wood pellets production contracted remarkably to $X in 2022 estimated in export price. Overall, production, however, recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Wood Pellets Exports

Exports from Morocco

In 2022, overseas shipments of wood pellets decreased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant increase. The smallest decline of X% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, wood pellets exports stood at $X in 2022. In general, exports recorded a significant expansion. The smallest decline of X% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Italy (X tons) was the main destination for wood pellets exports from Morocco, accounting for a X% share of total exports. Moreover, wood pellets exports to Italy exceeded the volume sent to the second major destination, Belgium (X tons), threefold.

From 2019 to 2022, the average annual growth rate of volume to Italy amounted to X.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X.5% per year) and Spain (X.7% per year).

From 2019 to 2022, the average annual growth rate of value to Italy amounted to X.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X.0% per year) and Spain (X.5% per year).

Export Prices by Country

In 2022, the average wood pellets export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2020 a decrease of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Pellets Imports

Imports into Morocco

In 2022, purchases abroad of wood pellets decreased by X% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, wood pellets imports surged to $X in 2022. Over the period under review, imports showed a deep contraction. The pace of growth appeared the most rapid in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X kg), France (X kg) and Sweden (X kg) were the main suppliers of wood pellets imports to Morocco.

From 2018 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of wood pellets to Morocco, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2018 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Sweden (X% per year).

Import Prices by Country

The average wood pellets import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The import price peaked at $X per ton in 2018; however, from 2019 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 France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood pellets in the world?

The countries with the highest volumes of consumption in 2023 were the UK, Japan and South Korea, together accounting for 37% of global consumption.

What are the largest producers of wood pellets in the world?

The country with the largest volume of wood pellets production was the United States, accounting for 22% of total volume. Moreover, wood pellets production in the United States exceeded the figures recorded by the second-largest producer, Canada, threefold. Vietnam ranked third in terms of total production with a 6.9% share.

What are the leading suppliers of wood pellets to Morocco?

In value terms, France $914) constituted the largest supplier of wood pellets to Morocco, comprising 73% of total imports. The second position in the ranking was held by the Netherlands $306), with a 25% share of total imports.

What is the average export price for wood pellets in Morocco?

In 2022, the average wood pellets export price amounted to $229 per ton, remaining relatively unchanged against the previous year.

What is the average import price for wood pellets in Morocco?

In 2022, the average wood pellets import price amounted to $1,029 per ton, surging by 66% against the previous year.

This report provides an in-depth analysis of the wood pellets 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:

FCL 1693 - Wood pellets

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023