Umbrella Price in Morocco - 2022
Contents:
- Umbrella Price in Morocco (CIF) - 2022
- Umbrella Price in Morocco (FOB) - 2022
- Umbrella Imports in Morocco
- Umbrella Exports in Morocco
Umbrella Price in Morocco (CIF) - 2022
In December 2022, the average umbrella import price amounted to $5.3 per unit, with a decrease of -4.3% against the previous month. Overall, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 243% m-o-m. Over the period under review, average import prices reached the maximum at $26.7 per unit in July 2022; however, from August 2022 to December 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($54.9 per unit), while the price for India ($3.0 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Umbrella Price in Morocco (FOB) - 2022
The average umbrella export price stood at $7.1 per unit in 2022, waning by -28.5% against the previous year. Over the period under review, the export price, however, posted mild growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 174% against the previous year. Over the period under review, the average export prices attained the maximum at $17 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 France ($25 per unit), while the average price for exports to Gabon ($6.2 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 Gabon (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.
Umbrella Imports in Morocco
In 2022, after two years of decline, there was significant growth in purchases abroad of umbrellas, when their volume increased by 19% to 535K units. In general, imports, however, showed a precipitous decrease. Over the period under review, imports reached the maximum at 4M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, umbrella imports skyrocketed to $4.5M in 2022. Over the period under review, imports, however, recorded a deep setback. Imports peaked at $6.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Umbrella in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 3.4 | 2.1 | 2.8 | -18.6% |
| Spain | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| India | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.0 | 0.6 | 0.7 | 1.2 | 6.3% |
| Total | 6.4 | 4.2 | 3.1 | 4.5 | -11.1% |
Top Suppliers of Umbrella to Morocco in 2022:
- China (487.3K units)
- Spain (16.5K units)
- India (10.8K units)
Umbrella Exports in Morocco
Umbrella exports from Morocco surged to 35K units in 2022, picking up by 143% compared with the previous year. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 169% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, umbrella exports skyrocketed to $252K in 2022. Overall, exports posted slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Umbrella in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 37.1 | 15.6 | 44.2 | 208 | 77.6% |
| France | 6.1 | 1.4 | 19.1 | 13.8 | 31.3% |
| Benin | 12.1 | N/A | N/A | N/A | 0% |
| Others | 184 | 41.0 | 81.9 | 30.4 | -45.1% |
| Total | 239 | 58.0 | 145 | 252 | 1.8% |
Top Export Markets for Umbrella from Morocco in 2022:
- Spain (31.5K units)
- France (0.5K units)
294
This report provides an in-depth analysis of the umbrella and walking-stick market in Morocco.
1316
This report provides an in-depth analysis of the global umbrella market.
3453
This report provides an in-depth analysis of the global umbrella and walking-stick market.
294
This report provides an in-depth analysis of the umbrella and walking-stick market in Morocco.
563
This report provides an in-depth analysis of the global umbrella market.
1316
This report provides an in-depth analysis of the global umbrella market.
3453
This report provides an in-depth analysis of the global umbrella and walking-stick market.
4136
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
959
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3860
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4425
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2232
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
4136
In 2016, the umbrella market amounted to X units. Over the past two years, consumption increased slightly, after experiencing a mild downturn over the previous four year period. Previously, the market recovered with tangible growth, following the si
959
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
3860
In 2016, the global imports of umbrella stood at X tons, import ,therefore, remained relatively stable against the previous year figure. Overall, umbrella imports continue to indicate a relatively ...
4425
From 2007 to 2014, the global umbrella market showed mixed dynamics. A significant drop in 2008-2009 was followed by a sharp increase in 2010-2011, until the market plunged again by X% in 2012.
2232
China dominates in global umbrella production and trade. In 2013, China exported X% of its total umbrella output. Of this amount, X% was supplied to Japan, where Chinese umbrellas held the dominant share of total Japanese consumption and were part
