Key Market Indicators
The export of Moroccan wound dressings saw a significant drop in 2023, totaling approximately $15,000, a sharp decrease from the previous year's $37,000. This represents a 59% decline compared to 2022. Over a longer period, the country's supply has been dwindling annually by about 36% since 1998. In 2023, Morocco ranked 64th in wound dressing exports, with the Philippines slightly ahead at the same export value of $15,000. Leading the global rankings were Belgium, Germany, and Austria, occupying the second, third, and fourth positions, respectively. Meanwhile, Moroccan wound dressing imports are on an upward trajectory. Projections indicate that by 2028, imports will reach nearly $6.6 million, up from approximately $5.8 million in 2023. This marks an average annual growth of 1.8%. Since 1998, the demand for wound dressings in Morocco has increased at an annual rate of 2.7%.
