Price for Baby Carriages and Parts Thereof in Morocco - 2023

Contents:

1. Price for Baby Carriages and Parts Thereof in Morocco (CIF) - 2023
2. Price for Baby Carriages and Parts Thereof in Morocco (FOB) - 2022
3. Imports of Baby Carriages and Parts Thereof in Morocco
4. Exports of Baby Carriages and Parts Thereof in Morocco

Price for Baby Carriages and Parts Thereof in Morocco (CIF) - 2023

The average import price for baby carriages and parts thereoves stood at $2.8 per unit in December 2022, picking up by 1.9% against the previous month. Overall, import price indicated a measured increase from June 2022 to December 2022: its price increased at an average monthly rate of +2.5% over the last six months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, baby carriages and parts thereof import price decreased by -32.8% against October 2022 indices. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 56% month-to-month. Over the period under review, average import prices reached the maximum at $4.2 per unit in October 2022; however, from November 2022 to December 2022, import prices stood 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 Turkey ($23.5 per unit), while the price for Italy ($9.6 per unit) was amongst the lowest.

From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Baby Carriages and Parts Thereof in Morocco (FOB) - 2022

The average export price for baby carriages and parts thereoves stood at $9.2 per unit in 2022, surging by 53% against the previous year. Overall, the export price showed a measured expansion. The export price peaked at $21 per unit in 2018; however, from 2019 to 2022, the 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 the United States ($20 per unit), while the average price for exports to Cote d'Ivoire ($3.6 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 Mauritania (+12.9%), while the prices for the other major destinations experienced a decline.

Imports of Baby Carriages and Parts Thereof in Morocco

In 2022, approx. 786K units of baby carriages and parts thereoves were imported into Morocco; growing by 41% compared with the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.8% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 42%. As a result, imports attained the peak of 801K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, baby carriages and parts thereof imports surged to $2.5M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +69.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Baby Carriages and Parts Thereof to Morocco in 2022:

1. China (421.4K units)
2. Spain (207.8K units)
3. France (84.9K units)
4. Turkey (36.8K units)
5. Italy (10.9K units)

Exports of Baby Carriages and Parts Thereof in Morocco

After three years of growth, shipments abroad of baby carriages and parts thereoves decreased by -30% to 505 units in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 486% against the previous year. As a result, the exports reached the peak of 721 units, and then dropped notably in the following year.

In value terms, baby carriages and parts thereof exports rose sharply to $4.6K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 244%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Baby Carriages and Parts Thereof from Morocco in 2022:

1. Mauritania (395.0 units)
2. Cote d'Ivoire (53.0 units)
3. Senegal (21.0 units)
4. Burkina Faso (21.0 units)
5. United States (15.0 units)

Source: IndexBox Market Intelligence Platform