Morocco - Keyboard Stringed Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKeyboard Stringed Instrument Price in Morocco - 2022
Contents:
- Keyboard Stringed Instrument Price in Morocco (CIF) - 2022
- Keyboard Stringed Instrument Price in Morocco (FOB) - 2022
- Keyboard Stringed Instrument Imports in Morocco
- Keyboard Stringed Instrument Exports in Morocco
Keyboard Stringed Instrument Price in Morocco (CIF) - 2022
In 2022, the average keyboard stringed instrument import price amounted to $2,289 per unit, increasing by 12% against the previous year. Over the period under review, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 46%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 Indonesia ($2,519 per unit), while the price for Spain ($337 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Keyboard Stringed Instrument Price in Morocco (FOB) - 2022
The average keyboard stringed instrument export price stood at $751 per unit in 2022, growing by 54% against the previous year. Over the period under review, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2021 an increase of 3,381%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($984 per unit), while the average price for exports to France amounted to $49 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+36.6%).
Keyboard Stringed Instrument Imports in Morocco
In 2022, after three years of growth, there was significant decline in purchases abroad of keyboard stringed instruments, when their volume decreased by -15.9% to 148 units. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +46.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, imports reached the peak of 176 units, and then declined dramatically in the following year.
In value terms, keyboard stringed instrument imports reduced to $339K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 90%. As a result, imports attained the peak of $360K, and then dropped in the following year.
| Import of Keyboard Stringed Instrument in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 73.2 | 82.3 | 194 | 325 | 64.4% |
| France | 2.4 | 3.1 | 2.0 | 7.2 | 44.2% |
| Spain | 0.7 | 0.6 | 0.9 | 2.0 | 41.9% |
| United Kingdom | 0.2 | 0.2 | 0.1 | 1.4 | 91.3% |
| China | 4.1 | 9.1 | 13.8 | 1.4 | -30.1% |
| Belgium | 0.1 | 1.7 | 3.9 | 0.3 | 44.2% |
| United Arab Emirates | 83.1 | 85.8 | 136 | N/A | 27.9% |
| Others | 9.8 | 6.2 | 9.1 | 1.5 | -46.5% |
| Total | 174 | 189 | 360 | 339 | 24.9% |
Top Suppliers of Keyboard Stringed Instrument to Morocco in 2022:
- Indonesia (129.0 units)
- Spain (6.0 units)
- France (4.0 units)
- United Kingdom (3.0 units)
- China (1.0 units)
- Belgium (1.0 units)
Keyboard Stringed Instrument Exports in Morocco
In 2022, approx. 4 units of keyboard stringed instruments were exported from Morocco; waning by -33.3% against the year before. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 20%. Over the period under review, the exports reached the maximum at 6 units in 2021, and then contracted notably in the following year.
In value terms, keyboard stringed instrument exports rose modestly to $3K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,381%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Keyboard Stringed Instrument in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2,953 | 0% |
| France | 53.0 | 6.0 | 65.0 | 49.0 | -2.6% |
| Benin | N/A | N/A | 1,663 | N/A | 0% |
| Spain | 218 | N/A | N/A | N/A | 0% |
| Cote d'Ivoire | 50.0 | 48.0 | 1,196 | N/A | 389.1% |
| Burundi | N/A | 9.0 | N/A | N/A | 0% |
| Cabo Verde | N/A | 2.0 | N/A | N/A | 0% |
| Indonesia | 7.0 | N/A | N/A | N/A | 0% |
| Jamaica | N/A | 10.0 | N/A | N/A | 0% |
| Others | 683 | 9.0 | N/A | N/A | -98.7% |
| Total | 1,011 | 84.0 | 2,924 | 3,002 | 43.7% |
Top Export Markets for Keyboard Stringed Instrument from Morocco in 2022:
- United States (3.0 units)
- France (1.0 units)
This report provides an in-depth analysis of the keyboard stringed instrument 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 32201150 - Keyboard stringed instruments (including harpsichords, s pinets and clavichords)
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
-
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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