Morocco - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoudspeaker Price in Morocco - 2022
Contents:
- Loudspeaker Price in Morocco (CIF) - 2022
- Loudspeaker Price in Morocco (FOB) - 2022
- Loudspeaker Imports in Morocco
- Loudspeaker Exports in Morocco
Loudspeaker Price in Morocco (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $45 per unit, increasing by 27% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 54%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
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 Lithuania ($211 per unit), while the price for India ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Loudspeaker Price in Morocco (FOB) - 2022
The average loudspeaker export price stood at $17 per unit in 2022, reducing by -70.7% against the previous year. Over the period under review, the export price saw a precipitous decrease. The pace of growth appeared the most rapid in 2014 an increase of 238%. As a result, the export price attained the peak level of $692 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($104 per unit), while the average price for exports to Libya ($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 Italy (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Morocco
In 2022, imports of single loudspeakers (in enclosure) into Morocco rose significantly to 67K units, surging by 10% on 2021. In general, imports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum at 103K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, loudspeaker imports soared to $3M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Loudspeaker in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,752 | 958 | 1,427 | 1,868 | 2.2% |
Lithuania | N/A | N/A | N/A | 408 | 0% |
Spain | 61.4 | 14.1 | 21.0 | 126 | 27.1% |
Germany | 68.5 | 88.7 | 37.3 | 125 | 22.2% |
Czech Republic | N/A | 55.8 | 107 | 108 | 39.1% |
France | 153 | 26.0 | 31.4 | 95.4 | -14.6% |
India | 2.8 | 8.6 | 25.2 | 19.3 | 90.3% |
Others | 336 | 308 | 531 | 284 | -5.5% |
Total | 2,374 | 1,459 | 2,180 | 3,035 | 8.5% |
Top Suppliers of Loudspeaker to Morocco in 2022:
- China (54.0K units)
- Germany (2.0K units)
- Lithuania (1.9K units)
- Spain (1.9K units)
- Czech Republic (1.7K units)
- France (1.2K units)
- India (1.1K units)
Loudspeaker Exports in Morocco
In 2022, approx. 8.7K units of single loudspeakers (in enclosure) were exported from Morocco; with an increase of 3,041% against 2021 figures. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, loudspeaker exports soared to $148K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Loudspeaker in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | N/A | 8.5 | N/A | 1.0 | -65.7% |
Cote d'Ivoire | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Senegal | N/A | N/A | 0.1 | 0.1 | 0.0% |
Germany | N/A | N/A | N/A | 0.1 | 0% |
Bulgaria | N/A | 8.9 | N/A | N/A | 0% |
Guinea | N/A | 2.2 | N/A | N/A | 0% |
Belgium | N/A | N/A | N/A | N/A | 0% |
Denmark | N/A | N/A | 0.6 | N/A | 0% |
Tunisia | N/A | 0.7 | 8.8 | N/A | 1157.1% |
Libya | N/A | N/A | N/A | N/A | 0% |
Mauritania | 0.3 | 1.2 | 0.7 | N/A | 52.8% |
Others | 5.7 | 0.4 | 5.8 | 146 | 194.8% |
Total | 6.1 | 21.9 | 16.1 | 148 | 189.5% |
Top Export Markets for Loudspeaker from Morocco in 2022:
- Libya (undefinedK units)
- France (undefinedK units)
- Senegal (undefinedK units)
- Germany (undefinedK units)
- Belgium (undefinedK units)
- Cote d'Ivoire (undefinedK units)
This report provides an in-depth analysis of the loudspeaker 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 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)
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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