Morocco: Photographic Flashbulb Market 2022

Photographic Flashbulb Market Size in Morocco

The Moroccan photographic flashbulb market contracted remarkably to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed significant growth. Photographic flashbulb consumption peaked at $X in 2020, and then contracted sharply in the following year.

Photographic Flashbulb Exports

Exports from Morocco

For the third year in a row, Morocco recorded growth in overseas shipments of photographic flashbulbs and flashcubes, which increased by X% to X units in 2021. Overall, exports recorded prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, photographic flashbulb exports rose modestly to $X in 2021. In general, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for photographic flashbulb exports from Morocco, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Cote d'Ivoire totaled +X%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for photographic flashbulb exports from Morocco.

From 2012 to 2018, the average annual rate of growth in terms of value to Cote d'Ivoire totaled +X%.

Export Prices by Country

In 2018, the average photographic flashbulb export price amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2018, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2018, the rate of growth in terms of prices for Cote d'Ivoire amounted to -X% per year.

Photographic Flashbulb Imports

Imports into Morocco

In 2021, approx. X units of photographic flashbulbs and flashcubes were imported into Morocco; reducing by -X% against 2020 figures. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at X units in 2020, and then declined notably in the following year.

In value terms, photographic flashbulb imports fell significantly to $X in 2021. Overall, imports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2020, China (X units) was the main supplier of photographic flashbulb to Morocco, with a X% share of total imports. Moreover, photographic flashbulb imports from China exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Japan (+X% per year).

In value terms, the largest photographic flashbulb suppliers to Morocco were China ($X), France ($X) and Japan ($X), together comprising X% of total imports.

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

Import Prices by Country

The average photographic flashbulb import price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the import price recorded a precipitous curtailment. The pace of growth was the most pronounced in 2016 when the average import price decreased by -X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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