Morocco - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Morocco - Multiple Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends And Insights

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Multiple Loudspeakers Price in Morocco - 2022

Contents:

  1. Multiple Loudspeakers Price in Morocco (CIF) - 2022
  2. Multiple Loudspeakers Price in Morocco (FOB) - 2022
  3. Multiple Loudspeakers Imports in Morocco
  4. Multiple Loudspeakers Exports in Morocco

Multiple Loudspeakers Price in Morocco (CIF) - 2022

In December 2022, the average multiple loudspeakers import price amounted to $162 per unit, picking up by 27% against the previous month. Overall, import price indicated a prominent increase from December 2021 to December 2022: its price increased at an average monthly rate of +5.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, multiple loudspeakers import price decreased by -25.2% against October 2022 indices. The growth pace was the most rapid in February 2022 when the average import price increased by 58% month-to-month. Over the period under review, average import prices hit record highs at $217 per unit in October 2022; however, from November 2022 to December 2022, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($630 per unit), while the price for China ($123 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 China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Multiple Loudspeakers Price in Morocco (FOB) - 2022

In 2022, the average multiple loudspeakers export price amounted to $198 per unit, reducing by -15.8% against the previous year. Over the period under review, the export price saw a noticeable reduction. The pace of growth appeared the most rapid in 2017 an increase of 47% against the previous year. Over the period under review, the average export prices hit record highs at $295 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +6.6% per year.

Multiple Loudspeakers Imports in Morocco

In 2022, the amount of multiple loudspeakers (in enclosure) imported into Morocco contracted sharply to 25K units, which is down by -27.2% on 2021. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 41%. Over the period under review, imports reached the peak figure at 40K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, multiple loudspeakers imports reduced to $4M in 2022. Overall, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of $4.7M, and then dropped in the following year.

Import of Multiple Loudspeakers in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0261,8242,4982,3214.6%
France658316240653-0.3%
Italy342109140282-6.2%
Indonesia19034.0111181-1.6%
Spain54.613250.818149.1%
Germany20341.728.7159-7.8%
Mexico66.237.694.566.80.3%
United States12520.81.054.9-24.0%
United Arab Emirates6797411,082N/A26.2%
Others361122491147-25.9%
Total4,7063,3774,7374,046-4.9%

Top Suppliers of Multiple Loudspeakers to Morocco in 2022:

  1. China (17.7K units)
  2. France (1.8K units)
  3. Italy (1.1K units)
  4. Indonesia (1.0K units)
  5. Spain (1.0K units)
  6. Germany (0.7K units)
  7. Mexico (0.5K units)
  8. United States (0.4K units)

Multiple Loudspeakers Exports in Morocco

Multiple loudspeakers exports from Morocco surged to 136 units in 2022, rising by 58% on the year before. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 891% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, multiple loudspeakers exports soared to $27K in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 532% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Multiple Loudspeakers in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.416.718.326.8167.5%
GuineaN/A1.7N/AN/A0%
TunisiaN/A1.4N/AN/A0%
Mauritania1.70.61.2N/A-16.0%
Others0.20.10.60.1-20.6%
Total3.220.520.226.9103.3%

Top Export Markets for Multiple Loudspeakers from Morocco in 2022:

  1. France (135.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the multiple loudspeakers 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 26404237 - Multiple loudspeakers mounted in the same enclosure (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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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