
Morocco - Medicaments Containing Insulin But not Antibiotics - Market Analysis, Forecast, Size, Trends and Insights
Morocco: Medicaments Containing Insulin Market 2023
Medicaments Containing Insulin Market Size in Morocco
The Moroccan medicaments containing insulin market reduced to $X in 2021, almost unchanged from the previous year. Over the period under review, consumption continues to indicate a mild expansion. Over the period under review, the market reached the maximum level at $X in 2020, and then reduced modestly in the following year.
Medicaments Containing Insulin Production in Morocco
In value terms, medicaments containing insulin production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 5.7%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.
Medicaments Containing Insulin Exports
Exports from Morocco
In 2021, overseas shipments of medicaments containing insulin but not antibiotics decreased by 0% to X kg, falling for the second year in a row after five years of decline. In general, exports faced a dramatic decrease. The pace of growth was the most pronounced in 2013 with an increase of 97% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
In value terms, medicaments containing insulin exports dropped to $X in 2021. Over the period under review, exports showed a precipitous setback. The pace of growth appeared the most rapid in 2013 with an increase of 114%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Mauritania (X kg) was the main destination for medicaments containing insulin exports from Morocco, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Mauritania amounted to -22.1%.
In value terms, Mauritania ($X) also remains the key foreign market for medicaments containing insulin but not antibiotics exports from Morocco.
From 2012 to 2021, the average annual growth rate of value to Mauritania stood at -30.8%.
Export Prices by Country
The average medicaments containing insulin export price stood at $X per ton in 2021, waning by -12.6% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Mauritania.
From 2012 to 2021, the rate of growth in terms of prices for Mauritania amounted to -11.1% per year.
Medicaments Containing Insulin Imports
Imports into Morocco
Medicaments containing insulin imports into Morocco amounted to X kg in 2012, approximately reflecting 2011 figures. Overall, imports showed a relatively flat trend pattern. Imports peaked in 2012 and are expected to retain growth in years to come.
In value terms, medicaments containing insulin imports amounted to $X in 2012. In general, imports saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure in 2012 and are likely to see steady growth in the immediate term.
Imports by Country
In 2012, India (X kg) was the main supplier of medicaments containing insulin to Morocco, accounting for a approx. 100% share of total imports.
From 2012 to 2012, the average annual growth rate of volume from India was relatively modest.
In value terms, India ($X) constituted the largest supplier of medicaments containing insulin but not antibiotics to Morocco.
From 2012 to 2012, the average annual rate of growth in terms of value from India was relatively modest.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the medicaments containing insulin 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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