Morocco - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Morocco - Table Flatware - Market Analysis, Forecast, Size, Trends and Insights

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Table Flatware Price in Morocco - 2022

Contents:

  1. Table Flatware Price in Morocco (CIF) - 2022
  2. Table Flatware Price in Morocco (FOB) - 2022
  3. Table Flatware Imports in Morocco
  4. Table Flatware Exports in Morocco

Table Flatware Price in Morocco (CIF) - 2022

In December 2022, the average table flatware import price amounted to $5,230 per ton, with an increase of 11% against the previous month. In general, import price indicated a moderate increase from December 2021 to December 2022: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, table flatware import price decreased by -17.3% against September 2022 indices. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 77% month-to-month. As a result, import price reached the peak level of $6,667 per ton. From May 2022 to December 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($16,886 per ton), while the price for the Netherlands ($1,991 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Table Flatware Price in Morocco (FOB) - 2022

In 2022, the average table flatware export price amounted to $4,256 per ton, waning by -54% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77% against the previous year. The export price peaked at $14,956 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($8,260 per ton), while the average price for exports to Cameroon ($571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+6.2%), while the prices for the other major destinations experienced a decline.

Table Flatware Imports in Morocco

In 2022, approx. 1.3K tons of table flatware were imported into Morocco; growing by 6.2% on the year before. Overall, imports, however, continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, table flatware imports surged to $6.2M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Table Flatware in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,4392,6402,7143,086-3.5%
Egypt6425444148037.7%
France43028651879622.8%
Spain16310351727418.9%
India77.011711321941.7%
Turkey23652.8114155-13.1%
Netherlands13.015.568.158.064.6%
Others7244448207842.7%
Total5,7234,2035,2786,1732.6%

Top Suppliers of Table Flatware to Morocco in 2022:

  1. China (886.5 tons)
  2. Egypt (150.9 tons)
  3. Spain (71.5 tons)
  4. France (40.8 tons)
  5. India (30.9 tons)
  6. Turkey (27.6 tons)
  7. Netherlands (26.4 tons)

Table Flatware Exports in Morocco

In 2022, exports of table flatware from Morocco soared to 7.3 tons, with an increase of 24% against the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 154%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, table flatware exports dropped rapidly to $31K in 2022. In general, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 151% against the previous year. As a result, the exports reached the peak of $55K, and then shrank markedly in the following year.

Export of Table Flatware in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania7.12.31.94.6-13.5%
GambiaN/AN/AN/A3.50%
Cote d'Ivoire1.6N/A0.11.5-2.1%
Spain0.1N/A3.31.5146.6%
Guinea6.12.94.81.3-40.3%
LibyaN/AN/AN/A0.80%
FranceN/A1.04.50.6-22.5%
Senegal6.86.717.30.6-55.5%
CameroonN/AN/AN/A0.40%
Burkina FasoN/A3.5N/AN/A0%
United States18.5N/AN/AN/A0%
Others13.85.322.616.25.5%
Total54.021.754.531.0-16.9%

Top Export Markets for Table Flatware from Morocco in 2022:

  1. Gambia (3260.0 kg)
  2. Cote d'Ivoire (927.0 kg)
  3. Mauritania (810.0 kg)
  4. Cameroon (671.0 kg)
  5. Libya (407.0 kg)
  6. France (281.0 kg)
  7. Spain (181.0 kg)
  8. Guinea (112.0 kg)
  9. Senegal (49.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the table flatware 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 25711430 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of stainless steel or other base metal
  • Prodcom 25711480 - Table flatware (excluding table knives, including fish-knives and butter-knives) and similar tableware of base metal, silver- , gold- or platinum plated

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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