Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco - 2023

Contents:

  1. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (CIF) - 2022
  2. Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (FOB) - 2022
  3. Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco
  4. Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (CIF) - 2022

In 2022, the average import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s amounted to $3.4 per unit, picking up by 10% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for umbrellas having a telescopic shaft (excluding garden umbrellas)s increased by +184.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 136%. The import price peaked in 2022 and is expected to retain 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 China ($3.6 per unit), while the price for India stood at $2.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%).

Price for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (FOB) - 2022

The average export price for umbrellas having a telescopic shaft (excluding garden umbrellas)s stood at $18 per unit in 2022, dropping by -9.1% against the previous year. In general, the export price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 285% against the previous year. Over the period under review, the average export prices reached the maximum at $25 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 Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +25.1% per year.

Imports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco

In 2022, after two years of decline, there was significant growth in overseas purchases of umbrellas having a telescopic shaft (excluding garden umbrellas)s, when their volume increased by 109% to 141K units. Overall, imports, however, continue to indicate a dramatic shrinkage. Imports peaked at 878K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of umbrellas having a telescopic shaft (excluding garden umbrellas)s soared to $485K in 2022. Over the period under review, imports, however, recorded a sharp slump. Over the period under review, imports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,043284161452-24.3%
India0.20.237.528.1419.9%
Others16.710312.05.5-30.9%
Total1,060387210485-22.9%

Top Suppliers of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) to Morocco in 2022:

  1. China (126.5K units)
  2. India (12.7K units)

Exports of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco

In 2022, approx. 634 units of umbrellas having a telescopic shaft (excluding garden umbrellas)s were exported from Morocco; waning by -70.8% on the previous year's figure. Overall, exports faced a dramatic descent. The pace of growth was the most pronounced in 2021 when exports increased by 102%. Over the period under review, the exports of hit record highs at 6.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of umbrellas having a telescopic shaft (excluding garden umbrellas)s contracted significantly to $11K in 2022. In general, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 118% against the previous year. The exports peaked at $162K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MauritaniaN/AN/AN/A2160%
Sierra LeoneN/A319N/AN/A0%
CameroonN/AN/AN/AN/A0%
CongoN/AN/AN/AN/A0%
United KingdomN/A30.0N/AN/A0%
FranceN/A173N/AN/A0%
GuineaN/AN/AN/AN/A0%
Others162,13319,16142,93611,201-59.0%
Total162,13319,68342,93611,417-58.7%

Top Export Markets for Umbrellas Having A Telescopic Shaft (Excluding Garden Umbrellas) from Morocco in 2022:

  1. Mauritania (5.0 units)
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