Rafts; Inflatable Price in Morocco - 2022

Contents:

  1. Rafts; Inflatable Price in Morocco (CIF) - 2022
  2. Rafts; Inflatable Price in Morocco (FOB) - 2022
  3. Rafts; Inflatable Imports in Morocco
  4. Rafts; Inflatable Exports in Morocco

Rafts; Inflatable Price in Morocco (CIF) - 2022

The average rafts; inflatable import price stood at $2,865 per unit in 2022, jumping by 57% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($37,000 per unit), while the price for Spain ($820 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Price in Morocco (FOB) - 2022

In 2021, the average rafts; inflatable export price amounted to $1,870 per unit, growing by 6.9% against the previous year. Over the period under review, the export price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2019 an increase of 236% against the previous year. The export price peaked at $5,699 per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($2,316 per unit), while the average price for exports to France totaled $87 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.5%), while the prices for the other major destinations experienced a decline.

Rafts; Inflatable Imports in Morocco

In 2022, overseas purchases of rafts; inflatables decreased by -40.8% to 29 units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 80%. As a result, imports reached the peak of 63 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, rafts; inflatable imports dropped to $83K in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of $90K, and then declined in the following year.

Import of Rafts; Inflatable in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom10.55.89.037.052.2%
France5.610.60.123.661.5%
China10.015.125.28.3-6.0%
Spain4.316.27.47.419.8%
NetherlandsN/AN/AN/A5.00%
BulgariaN/AN/A1.41.828.6%
Belgium0.60.30.1N/A-59.2%
Denmark6.45.87.2N/A6.1%
Canada10.36.44.2N/A-36.1%
Others19.517.434.9N/A33.8%
Total67.277.589.583.17.3%

Top Suppliers of Rafts; Inflatable to Morocco in 2022:

  1. France (9.0 units)
  2. Spain (9.0 units)
  3. China (5.0 units)
  4. Netherlands (3.0 units)
  5. Bulgaria (2.0 units)
  6. United Kingdom (1.0 units)

Rafts; Inflatable Exports in Morocco

In 2022, the amount of rafts; inflatables exported from Morocco fell significantly to less than 0.1 units, which is down by 99.9% on 2021 figures. Over the period under review, exports saw a precipitous slump. The smallest decline of -28.6% was in 2021. Over the period under review, the exports attained the maximum at 57 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, rafts; inflatable exports declined significantly to $6.5K in 2022. In general, exports continue to indicate a precipitous setback. The smallest decline of -23.6% was in 2021. The exports peaked at $169K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rafts; Inflatable in Morocco (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Spain12112.19.3-72.3%
France0.90.10.1-66.7%
Italy46.8N/AN/A0%
OthersN/AN/AN/A0%
Total16912.29.3-76.5%

Top Export Markets for Rafts; Inflatable from Morocco in 2022:

  1. Spain (4.0 units)
  2. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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