Morocco Steel Market (2020-2026) | Outlook, Share, Forecast, Analysis, COVID-19 IMPACT, Trends, Value, Companies, Revenue, Industry, Size & Growth

Market Forecast By Types (Flat Steel, Long Steel), By Product Type (Structural Steel, Prestressing Steel, Bright Steel, Welding Wire/Rod, Iron Steel Wire, Ropes, Braids), By Applications (Building & Construction, Electrical Appliances, Metal Products, Domestic Appliances, Mechanical Equipment, Automotive, Others) And Competitive Landscape
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

Morocco Steel Market Size Growth Rate


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.

Morocco Steel Market Growth Rate

Steel Market: Morocco vs Top 5 Major Economies in 2027 (Africa)


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.

Steel Market: Morocco vs Top 5 Major Economies in 2027 (Africa)

morocco steel market Synopsis

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.

Key Highlights of the Report:

  • Morocco Steel Market Outlook
  • Market Size of Morocco Steel Market, 2019
  • Forecast of Morocco Steel Market, 2026
  • Historical Data and Forecast of Morocco Steel Revenues & Volume for the Period 2016 - 2026
  • Morocco Steel Market Trend Evolution
  • Morocco Steel Market Drivers and Challenges
  • Morocco Steel Price Trends
  • Morocco Steel Porter's Five Forces
  • Morocco Steel Industry Life Cycle
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Types for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Flat Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Long Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Structural Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Prestressing Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Bright Steel for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Welding Wire/Rod for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Iron Steel Wire for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Ropes for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Braids for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Applications for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Building & Construction for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Electrical Appliances for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Metal Products for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Domestic Appliances for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Mechanical Equipment for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Automotive for the Period 2016 - 2026
  • Historical Data and Forecast of Morocco Steel Market Revenues & Volume By Others for the Period 2016 - 2026
  • Morocco Steel Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Applications
  • Morocco Steel Top Companies Market Share
  • Morocco Steel Competitive Benchmarking By Technical and Operational Parameters
  • Morocco Steel Company Profiles
  • Morocco Steel Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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

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