Product Code: ETC007993 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Morocco Steel Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 5.85% in 2025, growth builds up to 8.51% by 2029.
By 2027, the Steel market in Morocco is anticipated to reach a growth rate of 7.82%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The Morocco steek market is expected to grow at a CAGR of around 4.6% during the forecast period 2020-2026. Factors such as increasing infrastructure and construction activities, growing automotive industry, rising mining sector, and government initiatives are driving the growth of the market. Increasing demand for steel from various end-use industries like automotive, domestic appliances and packaging will provide lucrative opportunities for market players operating in this region. The presence of several major companies such as SONASID (Moroccan Steel Group), SOMIFER (Societe Marocaine de Fer et d`Acier) and ArcelorMittal will further contribute to the development of this sector over the forecast period. However, unfavorable geopolitical situations may hamper the growth prospects of this region due to associated economic uncertainty and higher cost pressures on production operations because of high energy costs for production processes are expected to pose a challenge for manufacturers in Morocco?s steel industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Morocco Steel Market Overview |
3.1 Morocco Country Macro Economic Indicators |
3.2 Morocco Steel Market Revenues & Volume, 2019 & 2026F |
3.3 Morocco Steel Market - Industry Life Cycle |
3.4 Morocco Steel Market - Porter's Five Forces |
3.5 Morocco Steel Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Morocco Steel Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.7 Morocco Steel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Morocco Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Morocco Steel Market Trends |
6 Morocco Steel Market, By Types |
6.1 Morocco Steel Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Morocco Steel Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Morocco Steel Market Revenues & Volume, By Flat Steel, 2016 - 2026F |
6.1.4 Morocco Steel Market Revenues & Volume, By Long Steel, 2016 - 2026F |
6.2 Morocco Steel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Morocco Steel Market Revenues & Volume, By Structural Steel, 2016 - 2026F |
6.2.3 Morocco Steel Market Revenues & Volume, By Prestressing Steel, 2016 - 2026F |
6.2.4 Morocco Steel Market Revenues & Volume, By Bright Steel, 2016 - 2026F |
6.2.5 Morocco Steel Market Revenues & Volume, By Welding Wire/Rod, 2016 - 2026F |
6.2.6 Morocco Steel Market Revenues & Volume, By Iron Steel Wire, 2016 - 2026F |
6.2.7 Morocco Steel Market Revenues & Volume, By Ropes, 2016 - 2026F |
6.3 Morocco Steel Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Morocco Steel Market Revenues & Volume, By Building & Construction, 2016 - 2026F |
6.3.3 Morocco Steel Market Revenues & Volume, By Electrical Appliances, 2016 - 2026F |
6.3.4 Morocco Steel Market Revenues & Volume, By Metal Products, 2016 - 2026F |
6.3.5 Morocco Steel Market Revenues & Volume, By Domestic Appliances, 2016 - 2026F |
6.3.6 Morocco Steel Market Revenues & Volume, By Mechanical Equipment, 2016 - 2026F |
6.3.7 Morocco Steel Market Revenues & Volume, By Automotive, 2016 - 2026F |
7 Morocco Steel Market Import-Export Trade Statistics |
7.1 Morocco Steel Market Export to Major Countries |
7.2 Morocco Steel Market Imports from Major Countries |
8 Morocco Steel Market Key Performance Indicators |
9 Morocco Steel Market - Opportunity Assessment |
9.1 Morocco Steel Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Morocco Steel Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.3 Morocco Steel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Morocco Steel Market - Competitive Landscape |
10.1 Morocco Steel Market Revenue Share, By Companies, 2019 |
10.2 Morocco Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |