Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco - 2023

Contents:

  1. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (CIF) - 2022
  2. Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (FOB) - 2022
  3. Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco
  4. Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (CIF) - 2022

The average import price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $143 per unit in 2022, rising by 48% against the previous year. In general, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 88%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($193 per unit) and Spain ($181 per unit), while the price for the Netherlands ($129 per unit) and China ($136 per unit) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (FOB) - 2022

The average export price for sound recording or reproducing apparatus; turntables (record-decks)s stood at $11 per unit in 2022, reducing by -94.6% against the previous year. Overall, the export price recorded a sharp setback. The export price peaked at $196 per unit in 2021, and then contracted dramatically in the following year.

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 Spain ($20 per unit), while the average price for exports to Bulgaria amounted to $1 per unit.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco

In 2022, approx. 414 units of sound recording or reproducing apparatus; turntables (record-decks)s were imported into Morocco; waning by -23.6% against 2021 figures. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked at 1.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of sound recording or reproducing apparatus; turntables (record-decks)s rose sharply to $59K in 2022. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 142% against the previous year. Over the period under review, imports of reached the maximum at $88K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.116.246.251.5-13.7%
United Kingdom3.92.62.12.7-11.5%
NetherlandsN/AN/A0.81.6100.0%
Others3.52.83.33.4-1.0%
Total87.521.652.459.1-12.3%

Top Suppliers of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) to Morocco in 2022:

  1. China (379.0 units)
  2. United Kingdom (14.0 units)
  3. Netherlands (12.0 units)

Exports of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco

Exports of sound recording or reproducing apparatus; turntables (record-decks)s from Morocco amounted to 2 units in 2022, flattening at 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of sound recording or reproducing apparatus; turntables (record-decks)s dropped rapidly to $21 in 2022. In general, exports faced a precipitous slump. The exports peaked at $392 in 2021, and then reduced dramatically in the following year.

Export of Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) in Morocco (USD)
COUNTRY20212022CAGR,
2021-2022
SpainN/A20.00%
BulgariaN/A1.00%
Benin61.0N/A0%
United Kingdom331N/A0%
OthersN/AN/A0%
Total39221.0-94.6%

Top Export Markets for Sound Recording or Reproducing Apparatus; Turntables (Record-Decks) from Morocco in 2022:

  1. Spain (1.0 units)
  2. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform

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