Morocco - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Padlock Price in Morocco - 2022
Contents:
- Base Metal Padlock Price in Morocco (CIF) - 2022
- Base Metal Padlock Price in Morocco (FOB) - 2022
- Base Metal Padlock Imports in Morocco
- Base Metal Padlock Exports in Morocco
Base Metal Padlock Price in Morocco (CIF) - 2022
The average base metal padlock import price stood at $1,412 per ton in December 2022, waning by -21.1% against the previous month. Over the period under review, the import price recorded a noticeable setback. The pace of growth was the most pronounced in March 2022 when the average import price increased by 103% against the previous month. As a result, import price reached the peak level of $3,386 per ton. From April 2022 to December 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From December 2021 to December 2022, the rate of growth in terms of prices for China amounted to -1.4% per month.
Base Metal Padlock Price in Morocco (FOB) - 2022
The average base metal padlock export price stood at $22,133 per ton in 2022, increasing by 64% against the previous year. In general, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 84%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($23,868 per ton), while the average price for exports to Mexico ($7,643 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+78.1%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Padlock Imports in Morocco
In 2022, overseas purchases of base metal padlocks were finally on the rise to reach 2.5K tons after two years of decline. Over the period under review, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, base metal padlock imports surged to $4.9M in 2022. In general, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Base Metal Padlock in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 3.5 | 3.1 | 4.6 | 1.5% |
| Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Total | 4.8 | 3.8 | 3.4 | 4.9 | 0.7% |
Top Suppliers of Base Metal Padlock to Morocco in 2022:
- China (2.5K tons)
Base Metal Padlock Exports in Morocco
In 2022, overseas shipments of base metal padlocks decreased by -83.6% to 1.2 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 360% against the previous year. As a result, the exports reached the peak of 7.2 tons, and then shrank remarkably in the following year.
In value terms, base metal padlock exports reduced remarkably to $26K in 2022. Overall, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 276%. As a result, the exports reached the peak of $98K, and then contracted significantly in the following year.
| Export of Base Metal Padlock in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 2.0 | N/A | N/A | 6.0 | 44.2% |
| Cote d'Ivoire | 3.7 | 1.8 | 0.1 | 4.4 | 5.9% |
| Togo | 4.7 | 5.6 | 6.2 | 4.0 | -5.2% |
| Gabon | 3.8 | 1.1 | 3.6 | 3.2 | -5.6% |
| Senegal | 3.1 | 0.6 | 1.3 | 2.1 | -12.2% |
| Mexico | N/A | N/A | N/A | 0.5 | 0% |
| Burkina Faso | N/A | 9.3 | 32.4 | N/A | 248.4% |
| Namibia | N/A | N/A | 44.8 | N/A | 0% |
| Algeria | N/A | 3.2 | N/A | N/A | 0% |
| Madagascar | 2.0 | N/A | 4.1 | N/A | 43.2% |
| Others | 3.2 | 4.5 | 5.3 | 5.9 | 22.6% |
| Total | 22.6 | 26.0 | 97.9 | 26.3 | 5.2% |
Top Export Markets for Base Metal Padlock from Morocco in 2022:
- France (278.0 kg)
- Cote d'Ivoire (277.0 kg)
- Togo (258.0 kg)
- Senegal (137.0 kg)
- Gabon (136.0 kg)
- Mexico (70.0 kg)
This report provides an in-depth analysis of the base metal padlock 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 25721130 - Base metal padlocks
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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