Morocco: Aircraft Launching Gear Market 2022

Aircraft Launching Gear Market Size in Morocco

In 2021, the Moroccan aircraft launching gear market increased by 1.5% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption enjoyed a significant increase. Aircraft launching gear consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Aircraft Launching Gear Production in Morocco

In value terms, aircraft launching gear production amounted to $X in 2021 estimated in export price. In general, the total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.4% against 2017 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 25%. Aircraft launching gear production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Aircraft Launching Gear Exports

Exports from Morocco

In 2017, shipments abroad of aircraft launching gear, deck-arrestor or similar gear and parts thereof decreased by 0% to X kg for the first time since 2012, thus ending a four-year declining trend. In general, exports recorded a significant decline. The exports peaked at X tons in 2012; however, from 2013 to 2017, the exports stood at a somewhat lower figure.

In value terms, aircraft launching gear exports totaled $X in 2017. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2013 when exports increased by 1.8% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2017, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for aircraft launching gear exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2012 to 2017, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2017, the average aircraft launching gear export price amounted to $X per ton, remaining constant against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 167% against the previous year. Over the period under review, the average export prices hit record highs in 2017 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2017, the rate of growth in terms of prices for France amounted to +3.3% per year.

Aircraft Launching Gear Imports

Imports into Morocco

Aircraft launching gear imports into Morocco skyrocketed to X kg in 2021, picking up by 74% compared with the previous year's figure. In general, imports posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of 193%. As a result, imports reached the peak of X kg. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, aircraft launching gear imports totaled $X in 2021. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by 180%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, France (X kg) was the main supplier of aircraft launching gear to Morocco, accounting for a 98% share of total imports. It was followed by the United States (X kg), with a 2.3% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France stood at +34.3%.

In value terms, France ($X) constituted the largest supplier of aircraft launching gear to Morocco, comprising 99% of total imports. The second position in the ranking was held by the United States ($X), with a 1.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +8.4%.

Import Prices by Country

In 2021, the average aircraft launching gear import price amounted to $X per ton, declining by -40.3% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 145% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :