Report Morocco - Furnishing Articles for Car Seats - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 16, 2022

Morocco - Furnishing Articles for Car Seats - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Cushion Cover Market 2022

Cushion Cover Market Size in Morocco

The Moroccan cushion cover market surged to $X in 2021, increasing by 58% against the previous year. In general, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Cushion Cover Production in Morocco

In value terms, cushion cover production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -14.9% against 2019 indices. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Cushion Cover Exports

Exports from Morocco

For the fourth consecutive year, Morocco recorded decline in shipments abroad of furnishing articles for car seats, which decreased by -85.2% to X tons in 2021. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, cushion cover exports reduced sharply to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for cushion cover exports from Morocco, accounting for a 86% share of total exports. Moreover, cushion cover exports to Spain exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The United States (X tons) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to -21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-4.7% per year) and the United States (+16.6% per year).

In value terms, Spain ($X) remains the key foreign market for cushion cover exports from Morocco, comprising 92% of total exports. The second position in the ranking was taken by France ($X), with a 3% share of total exports. It was followed by Portugal, with a 2% share.

From 2012 to 2021, the average annual growth rate of value to Spain totaled -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-6.4% per year) and Portugal (+177.0% per year).

Export Prices by Country

In 2021, the average cushion cover export price amounted to $X per ton, increasing by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +6.5%. The most prominent rate of growth was recorded in 2013 an increase of 27% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Portugal ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cushion Cover Imports

Imports into Morocco

In 2021, approx. X tons of furnishing articles for car seats were imported into Morocco; with a decrease of -47.9% against 2020. In general, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 with an increase of 149%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, cushion cover imports plummeted to $X in 2021. Over the period under review, imports, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 189% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of cushion cover to Morocco, accounting for a 59% share of total imports. Moreover, cushion cover imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), sevenfold. Spain (X tons) ranked third in terms of total imports with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+24.9% per year) and Spain (-8.1% per year).

In value terms, the largest cushion cover suppliers to Morocco were China ($X), Slovakia ($X) and Spain ($X), together accounting for 64% of total imports.

Among the main suppliers, Slovakia, with a CAGR of +61.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cushion cover import price stood at $X per ton in 2021, with an increase of 55% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+63.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for furnishing articles for car seats in the world?
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The country with the largest volume of cushion cover consumption was China, accounting for 19% of total volume. Moreover, cushion cover consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of furnishing articles for car seats in the world?
+
China constituted the country with the largest volume of cushion cover production, comprising approx. 28% of total volume. Moreover, cushion cover production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by Russia, with a 3.8% share.
What are the leading suppliers of furnishing articles for car seats to Morocco?
+
In value terms, the largest cushion cover suppliers to Morocco were China, Slovakia and Spain, with a combined 64% share of total imports.
What are the leading importers of furnishing articles for car seats from Morocco?
+
In value terms, Spain remains the key foreign market for cushion cover exports from Morocco, comprising 92% of total exports. The second position in the ranking was held by France, with a 3% share of total exports. It was followed by Portugal, with a 2% share.
What is the average export price for furnishing articles for car seats in Morocco?
+
The average cushion cover export price stood at $38,076 per ton in 2021, increasing by 15% against the previous year.
What is the average import price for furnishing articles for car seats in Morocco?
+
In 2021, the average cushion cover import price amounted to $12,908 per ton, with an increase of 55% against the previous year.

This report provides an in-depth analysis of the cushion cover 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 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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