Morocco - Insulated electric conductors for a voltage over 1000 V - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Insulated Electric Conductors for A Voltage over 1000 V in Morocco - 2023
Contents:
- Price for Insulated Electric Conductors for A Voltage over 1000 V in Morocco (FOB) - 2023
- Price for Insulated Electric Conductors for A Voltage over 1000 V in Morocco (CIF) - 2023
- Exports of Insulated Electric Conductors for A Voltage over 1000 V in Morocco
- Imports of Insulated Electric Conductors for A Voltage over 1000 V in Morocco
Price for Insulated Electric Conductors for A Voltage over 1000 V in Morocco (FOB) - 2023
The average export price for insulated electric conductors for a voltage over 1000 v stood at $8,925 per ton in June 2023, jumping by 23% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was France ($11,140 per ton), while the average price for exports to Congo ($4,521 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Insulated Electric Conductors for A Voltage over 1000 V in Morocco (CIF) - 2023
The average import price for insulated electric conductors for a voltage over 1000 v stood at $15,976 per ton in June 2023, waning by -29.2% against the previous month. Over the period under review, import price indicated slight growth from June 2022 to June 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for insulated electric conductors for a voltage over 1000 v decreased by -29.2% against May 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 54% month-to-month. Over the period under review, average import prices attained the maximum at $22,553 per ton in May 2023, and then reduced dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($35,024 per ton), while the price for China ($6,057 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Egypt (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Insulated Electric Conductors for A Voltage over 1000 V in Morocco
In 2022, overseas shipments of insulated electric conductors for a voltage over 1000 v decreased by -17.3% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year.
In value terms, exports of insulated electric conductors for a voltage over 1000 v shrank to $92M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of $93M, and then reduced modestly in the following year.
Export of Insulated Electric Conductors for A Voltage over 1000 V in Morocco (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 50.5 | 50.7 | 64.1 | 62.4 | 7.3% |
Mauritania | 2.1 | 1.1 | 2.9 | 8.4 | 58.7% |
Senegal | 4.1 | 8.8 | 7.7 | 8.1 | 25.5% |
Cote d'Ivoire | 5.8 | 7.9 | 4.3 | 2.3 | -26.5% |
Congo | 1.3 | 0.3 | 1.0 | 1.3 | 0.0% |
Mali | 1.3 | 0.8 | 5.4 | 1.2 | -2.6% |
Libya | N/A | 0.1 | N/A | 1.0 | 216.2% |
Benin | 1.2 | 1.1 | 1.4 | 0.6 | -20.6% |
Cameroon | 0.8 | 0.9 | 2.6 | 0.5 | -14.5% |
Burkina Faso | 2.2 | 0.9 | 0.2 | 0.2 | -55.0% |
Others | 5.7 | 2.1 | 3.7 | 5.6 | -0.6% |
Total | 75.1 | 74.7 | 93.2 | 91.6 | 6.8% |
Top Export Markets for Insulated Electric Conductors for A Voltage over 1000 V from Morocco in 2022:
- France (6.3K tons)
- Senegal (1.8K tons)
- Mauritania (1.2K tons)
- Cote d'Ivoire (0.6K tons)
- Libya (0.3K tons)
- Mali (0.3K tons)
- Congo (0.3K tons)
- Cameroon (0.1K tons)
- Benin (0.1K tons)
Imports of Insulated Electric Conductors for A Voltage over 1000 V in Morocco
In 2022, approx. 2.7K tons of insulated electric conductors for a voltage over 1000 v were imported into Morocco; declining by -2.4% against 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% 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 +43.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of 2.7K tons, and then declined in the following year.
In value terms, imports of insulated electric conductors for a voltage over 1000 v expanded to $41M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +54.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Insulated Electric Conductors for A Voltage over 1000 V in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 18.5 | 19.2 | 30.3 | 27.7 | 14.4% |
Portugal | 3.1 | 2.3 | 2.8 | 2.5 | -6.9% |
Spain | 1.9 | 1.6 | 3.4 | 2.4 | 8.1% |
Oman | N/A | N/A | N/A | 1.7 | 0% |
Germany | 0.5 | 0.7 | 0.9 | 1.3 | 37.5% |
Italy | 0.3 | 0.5 | 1.1 | 0.8 | 38.7% |
Egypt | N/A | 0.1 | N/A | 0.8 | 182.8% |
Others | 3.1 | 2.3 | 1.9 | 4.0 | 8.9% |
Total | 27.4 | 26.7 | 40.2 | 41.1 | 14.5% |
Top Suppliers of Insulated Electric Conductors for A Voltage over 1000 V to Morocco in 2022:
- France (1469.9 tons)
- Portugal (391.2 tons)
- Spain (208.0 tons)
- Oman (189.0 tons)
- Germany (103.4 tons)
- Egypt (82.3 tons)
- Italy (48.1 tons)
This report provides an in-depth analysis of the market for insulated electric conductors for a voltage over 1000 v 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 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
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
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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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