Morocco - Industrial Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndustrial Sewing Machine Price in Morocco - 2022
Contents:
- Industrial Sewing Machine Price in Morocco (CIF) - 2022
- Industrial Sewing Machine Price in Morocco (FOB) - 2022
- Industrial Sewing Machine Imports in Morocco
- Industrial Sewing Machine Exports in Morocco
Industrial Sewing Machine Price in Morocco (CIF) - 2022
The average industrial sewing machine import price stood at $154 per unit in December 2022, jumping by 19% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 60% m-o-m. As a result, import price attained the peak level of $199 per unit. From March 2022 to December 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($759 per unit), while the price for China ($92.7 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Sewing Machine Price in Morocco (FOB) - 2022
In 2022, the average industrial sewing machine export price amounted to $2,352 per unit, dropping by -19.2% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 44%. The export price peaked at $2,913 per unit in 2021, and then contracted dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($3,535 per unit), while the average price for exports to India ($986 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 the Netherlands (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Sewing Machine Imports in Morocco
In 2022, the amount of industrial sewing machines imported into Morocco declined sharply to 39K units, with a decrease of -23.5% against the previous year. Overall, imports showed a slight reduction. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports reached the peak of 50K units, and then declined sharply in the following year.
In value terms, industrial sewing machine imports reached $24M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Industrial Sewing Machine in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.9 | 10.5 | 14.8 | 17.8 | 11.3% |
| Germany | 1.5 | 0.6 | 1.2 | 2.2 | 13.6% |
| Japan | 0.6 | 0.6 | 0.6 | 1.0 | 18.6% |
| Spain | 0.3 | 0.7 | 1.3 | 0.9 | 44.2% |
| Italy | 0.5 | 0.7 | 0.3 | 0.6 | 6.3% |
| Turkey | 0.5 | 0.2 | 0.2 | 0.2 | -26.3% |
| Poland | 0.7 | 0.2 | N/A | 0.2 | -34.1% |
| Bulgaria | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Romania | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Others | 3.8 | 2.8 | 3.2 | 1.4 | -28.3% |
| Total | 21.3 | 16.5 | 21.9 | 24.3 | 4.5% |
Top Suppliers of Industrial Sewing Machine to Morocco in 2022:
- China (13.5K units)
- Spain (11.3K units)
- Germany (4.3K units)
- Japan (1.7K units)
- Poland (1.6K units)
- Italy (0.7K units)
- Turkey (0.6K units)
- Romania (0.2K units)
Industrial Sewing Machine Exports in Morocco
After three years of growth, overseas shipments of industrial sewing machines decreased by -85.3% to 35 units in 2022. Over the period under review, exports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. As a result, the exports reached the peak of 238 units, and then contracted markedly in the following year.
In value terms, industrial sewing machine exports contracted sharply to $82K in 2022. In general, exports saw a pronounced contraction. The growth pace was the most rapid in 2020 with an increase of 197% against the previous year. Over the period under review, the exports hit record highs at $693K in 2021, and then dropped sharply in the following year.
| Export of Industrial Sewing Machine in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | N/A | N/A | N/A | 34.1 | 0% |
| Spain | 1.9 | 4.1 | 14.5 | 16.7 | 106.4% |
| France | 1.7 | 0.7 | 33.9 | 6.4 | 55.6% |
| Netherlands | 9.5 | 33.0 | 34.5 | 5.0 | -19.3% |
| Italy | 14.9 | 20.2 | 14.4 | 4.1 | -35.0% |
| Turkey | 5.0 | 6.5 | 22.1 | 3.5 | -11.2% |
| India | 3.9 | 4.8 | 4.1 | 3.0 | -8.4% |
| Cote d'Ivoire | 2.7 | 7.1 | 8.3 | 1.9 | -11.1% |
| Tunisia | 1.9 | 1.7 | 12.0 | 1.5 | -7.6% |
| Guinea | 0.3 | 0.4 | 1.8 | 1.5 | 71.0% |
| Mauritania | 0.1 | 61.1 | N/A | 1.1 | 122.4% |
| Japan | N/A | N/A | 268 | N/A | 0% |
| Senegal | 5.1 | 15.7 | 6.4 | N/A | 12.0% |
| Others | 44.2 | 115 | 273 | 3.6 | -56.7% |
| Total | 91.1 | 270 | 693 | 82.3 | -3.3% |
Top Export Markets for Industrial Sewing Machine from Morocco in 2022:
- Togo (13.0 units)
- Spain (6.0 units)
- India (3.0 units)
- Netherlands (2.0 units)
- Italy (2.0 units)
- France (2.0 units)
- Turkey (1.0 units)
- Mauritania (1.0 units)
- Tunisia (1.0 units)
- Guinea (1.0 units)
- Cote d'Ivoire (1.0 units)
This report provides an in-depth analysis of the industrial sewing machine 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 28942430 - Industrial automatic sewing machines (excluding book-sewing machines)
- Prodcom 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
898
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1202
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4131
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
3854
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
898
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
1202
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
4131
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
