Life-Jackets and Life-Belts Price in Morocco - 2022
Contents:
- Life-Jackets and Life-Belts Price in Morocco (CIF) - 2022
- Life-Jackets and Life-Belts Price in Morocco (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Morocco
- Life-Jackets and Life-Belts Exports in Morocco
Life-Jackets and Life-Belts Price in Morocco (CIF) - 2022
The average life-jackets and life-belts import price stood at $33,604 per ton in 2022, jumping by 68% against the previous year. In general, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average import price increased by 108% against the previous year. Over the period under review, average import prices reached the peak figure at $37,072 per ton in 2017; however, from 2018 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 ($63,571 per ton), while the price for Portugal ($8,882 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Life-Jackets and Life-Belts Price in Morocco (FOB) - 2022
The average life-jackets and life-belts export price stood at $67,680 per ton in 2022, increasing by 115% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The growth pace was the most rapid in 2020 an increase of 166% against the previous year. Over the period under review, the average export prices attained the maximum at $83,649 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($465,485 per ton), while the average price for exports to Benin ($16,667 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 Mauritania (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Morocco
Life-jackets and life-belts imports into Morocco contracted to 68 tons in 2022, waning by -15% on the previous year's figure. In general, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.6% 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 +56.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. As a result, imports attained the peak of 79 tons, and then shrank in the following year.
In value terms, life-jackets and life-belts imports soared to $2.3M in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 158% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Life-Jackets and Life-Belts in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.7 | 7.6 | 9.2 | 936 | 395.4% |
| China | 434 | 289 | 771 | 313 | -10.3% |
| Greece | 0.6 | 1.1 | 16.4 | 295 | 689.3% |
| Spain | 56.8 | 126 | 346 | 252 | 64.3% |
| Romania | 17.2 | 16.2 | 223 | 138 | 100.2% |
| United Arab Emirates | 2.7 | 3.7 | 9.0 | 32.8 | 129.9% |
| India | 26.6 | 8.5 | 51.0 | 29.9 | 4.0% |
| Portugal | 259 | 0.1 | 0.1 | 0.2 | -90.8% |
| Others | 199 | 164 | 163 | 274 | 11.2% |
| Total | 1,004 | 617 | 1,589 | 2,272 | 31.3% |
Top Suppliers of Life-Jackets and Life-Belts to Morocco in 2022:
- Portugal (undefined tons)
- Turkey (22.2 tons)
- China (14.6 tons)
- Spain (11.7 tons)
- Greece (4.9 tons)
- India (3.2 tons)
- United Arab Emirates (2.9 tons)
- Romania (2.5 tons)
Life-Jackets and Life-Belts Exports in Morocco
In 2022, shipments abroad of life-jackets and life-beltses decreased by -37.1% to 7.7 tons, falling for the second year in a row after two years of growth. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, the exports attained the peak of 29 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, life-jackets and life-belts exports soared to $522K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 432%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Life-Jackets and Life-Belts in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.5 | 396 | 280 | 373 | 307.8% |
| Mauritania | 2.1 | 0.3 | N/A | 125 | 290.4% |
| Senegal | N/A | 0.4 | 1.1 | 9.9 | 397.5% |
| Benin | 0.2 | N/A | 1.7 | 5.0 | 192.4% |
| Algeria | 75.7 | 63.3 | 16.2 | N/A | -53.7% |
| Others | 7.3 | 23.6 | 87.7 | 9.8 | 10.3% |
| Total | 90.8 | 483 | 386 | 522 | 79.1% |
Top Export Markets for Life-Jackets and Life-Belts from Morocco in 2022:
- United Kingdom (6.6 tons)
- Mauritania (0.3 tons)
- Benin (0.3 tons)
- Senegal (0.2 tons)
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