Morocco: Tuner Block Market 2024

Tuner Block Market Size in Morocco

The Moroccan tuner block market stood at $X in 2022, rising by X% against the previous year. In general, consumption saw a pronounced setback. Tuner block consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tuner Block Production in Morocco

In value terms, tuner block production expanded notably to $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Tuner Block Exports

Exports from Morocco

For the third year in a row, Morocco recorded decline in shipments abroad of tuner blocks, which decreased by X% to X units in 2022. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, tuner block exports dropped notably to $X in 2022. Overall, exports faced a dramatic curtailment. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for tuner block exports from Morocco, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to X%.

In value terms, Spain ($X) emerged as the key foreign market for tuner blocks exports from Morocco.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to X%.

Export Prices by Country

The average tuner block export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to X% per year.

Tuner Block Imports

Imports into Morocco

In 2022, purchases abroad of tuner blocks decreased by X% to X units, falling for the third consecutive year after five years of growth. Overall, total imports indicated a temperate expansion from 2015 to 2022: its volume increased at an average annual rate of X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tuner block imports reduced dramatically to $X in 2022. In general, total imports indicated a pronounced expansion from 2015 to 2022: its value increased at an average annual rate of X% over the last seven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest tuner block supplier to Morocco, accounting for a X% share of total imports. Moreover, tuner block imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), more than tenfold. The third position in this ranking was held by Vietnam (X units), with a X% share.

From 2015 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of tuner blocks to Morocco, comprising X% of total imports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2015 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average tuner block import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Indonesia ($X per unit) and Vietnam ($X per unit), while the price for the United Arab Emirates ($X per unit) and China ($X per unit) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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