Morocco - Balls - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Morocco - Balls - Market Analysis, Forecast, Size, Trends And Insights

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Ball Price in Morocco - 2022

Contents:

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

Ball Price in Morocco (CIF) - 2022

In December 2022, the average ball import price amounted to $3.5 per unit, with an increase of 5.6% against the previous month. Over the period under review, import price indicated a buoyant expansion from December 2021 to December 2022: its price increased at an average monthly rate of +9.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, ball import price increased by +22.4% against October 2022 indices. The pace of growth was the most pronounced in January 2022 an increase of 191% against the previous month. The import price peaked at $4.1 per unit in August 2022; however, from September 2022 to December 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($5.0 per unit), while the price for the Philippines ($651 per thousand units) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Ball Price in Morocco (FOB) - 2022

In 2022, the average ball export price amounted to $2.8 per unit, shrinking by -60.2% against the previous year. Overall, the export price showed a slight setback. The pace of growth was the most pronounced in 2019 an increase of 28%. Over the period under review, the average export prices attained the peak figure at $7 per unit in 2021, and then reduced dramatically in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Gabon ($2.9 per unit) and Tunisia ($2.9 per unit), while the average price for exports to Burkina Faso ($2.8 per unit) and Mali ($2.8 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+74.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports in Morocco

In 2022, the amount of balls imported into Morocco expanded significantly to 2.8M units, rising by 11% compared with the previous year. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, ball imports rose sharply to $9.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Ball in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.34.45.55.30.0%
Thailand0.60.61.01.122.4%
Pakistan0.40.20.51.035.7%
Italy0.10.20.50.8100.0%
AustriaN/AN/AN/A0.70%
Vietnam0.40.40.70.40.0%
Philippines0.10.1N/A0.226.0%
Taiwan (Chinese)0.1N/AN/A0.10.0%
Others0.20.10.50.314.5%
Total7.36.18.79.910.7%

Top Suppliers of Ball to Morocco in 2022:

  1. China (1425.7K units)
  2. Thailand (350.6K units)
  3. Philippines (242.6K units)
  4. Pakistan (213.1K units)
  5. Italy (165.2K units)
  6. Austria (138.2K units)
  7. Vietnam (95.9K units)
  8. Taiwan (Chinese) (73.6K units)

Ball Exports in Morocco

In 2022, the amount of balls exported from Morocco dropped markedly to 1.8K units, which is down by -32.7% against the previous year. Overall, exports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 148%. The exports peaked at 5.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, ball exports shrank significantly to $5.1K in 2022. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 213%. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Ball in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guinea4.62.50.81.8-26.9%
MaliN/AN/A0.41.3225.0%
Burkina FasoN/AN/AN/A0.90%
TunisiaN/A0.1N/A0.5123.6%
Gabon0.3N/AN/A0.30.0%
MauritaniaN/AN/A0.10.2100.0%
ChinaN/AN/AN/A0.10%
Jordan1.8N/AN/AN/A0%
France22.4N/A0.6N/A-83.6%
EgyptN/AN/A13.5N/A0%
LibyaN/A3.53.7N/A5.7%
OthersN/AN/AN/AN/A0%
Total29.26.119.05.1-44.1%

Top Export Markets for Ball from Morocco in 2022:

  1. Guinea (649.0 units)
  2. Mali (458.0 units)
  3. Burkina Faso (309.0 units)
  4. Tunisia (158.0 units)
  5. Gabon (113.0 units)
  6. Mauritania (86.0 units)
  7. China (49.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball 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:

  • Prodcom 32301580 - Balls (excluding golf balls, table-tennis balls, medicine balls and punch balls)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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