Report Update: Apr 1, 2024

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

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Wood Pellets Price in Morocco - 2023

Wood Pellets Price in Morocco (FOB) - 2022

The average wood pellets export price stood at $229 per ton in 2022, leveling off at the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($285 per ton), while the average price for exports to Italy ($218 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 (+55.5%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Pellets Price in Morocco (CIF) - 2022

In 2022, the average wood pellets import price amounted to $1,029 per ton, picking up by 66% against the previous year. Over the period under review, the import price, however, saw a deep slump. Over the period under review, average import prices attained the maximum at $1,334 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 ($1,738 per ton), while the price for the Netherlands ($469 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.0%), while the prices for the other major suppliers experienced a decline.

Wood Pellets Exports in Morocco

After two years of decline, overseas shipments of wood pellets decreased by 0% to 1.6K tons in 2022. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, wood pellets exports amounted to $356K in 2022. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Wood Pellets in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	N/A	N/A	N/A	230	0%
Belgium	N/A	N/A	N/A	101	0%
Spain	N/A	N/A	N/A	25.2	0%
Others	N/A	N/A	N/A	N/A	0%
Total	N/A	N/A	N/A	356	0%

Top Export Markets for Wood Pellets from Morocco in 2022:

Italy (1054.0 tons)
Belgium (415.2 tons)
Spain (88.5 tons)

Wood Pellets Imports in Morocco

In 2022, supplies from abroad of wood pellets decreased by -25.4% to 1.2 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 957%. As a result, imports reached the peak of 48 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood pellets imports surged to $1.2K in 2022. In general, imports saw a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 591%. As a result, imports attained the peak of $30K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Wood Pellets in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	0.1	0.7	N/A	0.9	108.0%
Netherlands	N/A	N/A	N/A	0.3	0%
Spain	0.1	1.7	0.3	N/A	73.2%
Germany	3.9	27.0	0.6	N/A	-60.8%
Sweden	N/A	N/A	N/A	N/A	0%
Others	0.2	0.3	0.1	N/A	-29.3%
Total	4.3	29.6	1.0	1.2	-34.7%

Top Suppliers of Wood Pellets to Morocco in 2022:

Netherlands (653.0 kg)
France (526.0 kg)
Sweden (30.0 kg)

Source: IndexBox Market Intelligence Platform

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