Report Update: May 1, 2024

Morocco - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights

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Electrical Signalling Apparatus Price in Morocco - 2022

Electrical Signalling Apparatus Price in Morocco (CIF) - 2022

The average electrical signalling apparatus import price stood at $0.7 per unit in 2022, with a decrease of -3.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 4.5%. The import price peaked at $1.4 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3.7 per unit), while the price for Poland ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%), while the prices for the other major suppliers experienced a decline.

Electrical Signalling Apparatus Price in Morocco (FOB) - 2022

In 2022, the average electrical signalling apparatus export price amounted to $0.8 per unit, rising by 1.8% against the previous year. Overall, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2018 an increase of 55% against the previous year. As a result, the export price reached the peak level of $1.2 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($9.1 per unit), while the average price for exports to Turkey ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+36.4%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports in Morocco

In 2022, the amount of electrical apparatus for sound or visual signalling imported into Morocco dropped to 14M units, falling by -2.1% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 32%. As a result, imports reached the peak of 15M units, and then fell modestly in the following year.

In value terms, electrical signalling apparatus imports fell to $11M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports attained the peak of $11M, and then declined in the following year.

Import of Electrical Signalling Apparatus in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.6	3.4	5.4	5.3	-1.8%
Spain	1.4	0.7	0.3	1.7	6.7%
Portugal	1.0	0.9	1.5	1.2	6.3%
Poland	0.2	0.1	0.3	0.1	-20.6%
Others	2.7	3.6	3.8	2.4	-3.9%
Total	10.8	8.6	11.3	10.7	-0.3%

Top Suppliers of Electrical Signalling Apparatus to Morocco in 2022:

China (8.5M units)
Spain (3.1M units)
Portugal (1.9M units)
Poland (0.3M units)

Electrical Signalling Apparatus Exports in Morocco

In 2022, approx. 474K units of electrical apparatus for sound or visual signalling were exported from Morocco; jumping by 83% compared with the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 157% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, electrical signalling apparatus exports surged to $395K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 121% against the previous year. As a result, the exports reached the peak of $414K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Electrical Signalling Apparatus in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	70.0	195	69.9	105	14.5%
Cote d'Ivoire	41.0	64.9	64.7	60.4	13.8%
Mali	3.1	0.1	2.6	32.8	119.5%
Turkey	N/A	N/A	N/A	27.8	0%
Mauritania	3.3	10.4	9.9	21.6	87.1%
Niger	N/A	N/A	N/A	17.0	0%
Senegal	3.0	39.9	31.0	11.9	58.3%
Gabon	5.2	2.6	3.5	9.6	22.7%
Others	61.9	101	30.4	109	20.8%
Total	188	414	212	395	28.1%

Top Export Markets for Electrical Signalling Apparatus from Morocco in 2022:

Cote d'Ivoire (125.6K units)
Turkey (125.0K units)
Spain (70.7K units)
Mali (38.0K units)
Mauritania (27.2K units)
Niger (26.9K units)
Gabon (17.4K units)
Senegal (10.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical signalling apparatus 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 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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