Report Update: Apr 1, 2024

Morocco - Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Remote Control Apparatus Price in Morocco - 2022

Remote Control Apparatus Price in Morocco (CIF) - 2022

In December 2022, the average remote control apparatus import price amounted to $1.5 per unit, reducing by -31.9% against the previous month. Over the period under review, the import price saw a drastic downturn. The most prominent rate of growth was recorded in September 2022 an increase of 659% month-to-month. Over the period under review, average import prices reached the maximum at $23.3 per unit in June 2022; however, from July 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 Italy ($40.3 per unit), while the price for China ($883 per thousand units) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.4%), while the prices for the other major suppliers experienced a decline.

Remote Control Apparatus Price in Morocco (FOB) - 2022

In 2022, the average remote control apparatus export price amounted to $15 per unit, picking up by 185% against the previous year. In general, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2018 an increase of 6,860% against the previous year. As a result, the export price attained the peak level of $39 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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 Sudan ($76 per unit), while the average price for exports to Israel ($3 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 Sudan (-40.9%).

Remote Control Apparatus Imports in Morocco

Remote control apparatus imports into Morocco surged to 267K units in 2022, increasing by 17% against 2021. Over the period under review, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 605K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, remote control apparatus imports reduced to $1M in 2022. In general, imports, however, continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Remote Control Apparatus in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	558	586	322	336	-15.6%
Tunisia	81.9	79.3	160	163	25.8%
Italy	56.0	121	93.3	75.1	10.3%
Taiwan (Chinese)	20.8	12.0	32.0	49.4	33.4%
France	67.5	104	119	35.0	-19.7%
Others	295	498	295	346	5.5%
Total	1,080	1,401	1,021	1,004	-2.4%

Top Suppliers of Remote Control Apparatus to Morocco in 2022:

China (214.2K units)
Italy (17.7K units)
Tunisia (16.6K units)
France (6.8K units)
Taiwan (Chinese) (4.9K units)

Remote Control Apparatus Exports in Morocco

After two years of decline, overseas shipments of radio remote control apparatus increased by 52,032% to 825K units in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus exports surged to $12M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Remote Control Apparatus in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sudan	N/A	N/A	N/A	9.2	0%
Israel	N/A	N/A	N/A	2.0	0%
Libya	N/A	N/A	N/A	0.1	0%
Others	0.2	N/A	N/A	1.1	76.5%
Total	0.2	N/A	N/A	12.3	294.7%

Top Export Markets for Remote Control Apparatus from Morocco in 2022:

Israel (661.4K units)
Sudan (121.1K units)
Libya (25.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the remote control apparatus 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 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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