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Morocco - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Morocco - 2022
Contents:
- Percussion Musical Instrument Price in Morocco (CIF) - 2022
- Percussion Musical Instrument Price in Morocco (FOB) - 2022
- Percussion Musical Instrument Imports in Morocco
- Percussion Musical Instrument Exports in Morocco
Percussion Musical Instrument Price in Morocco (CIF) - 2022
In 2022, the average percussion musical instrument import price amounted to $46 per unit, falling by -37.9% against the previous year. Overall, the import price saw a deep setback. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. Over the period under review, average import prices attained the maximum at $80 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($81 per unit), while the price for Thailand ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.6%), while the prices for the other major suppliers experienced a decline.
Percussion Musical Instrument Price in Morocco (FOB) - 2022
In 2022, the average percussion musical instrument export price amounted to $72 per unit, flattening at the previous year. Over the period under review, the export price, however, showed a resilient increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $72 per unit in 2021, and then fell modestly in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Burkina Faso ($75 per unit) and Saudi Arabia ($74 per unit), while the average price for exports to the United States ($70 per unit) and Canada ($71 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.
Percussion Musical Instrument Imports in Morocco
In 2022, after two years of decline, there was significant growth in supplies from abroad of percussion musical instruments, when their volume increased by 101% to 4.4K units. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, percussion musical instrument imports soared to $203K in 2022. Over the period under review, imports, however, faced a deep slump. Over the period under review, imports attained the peak figure at $281K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Percussion Musical Instrument in Morocco (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 116 | 91.2 | 59.2 | 70.6 | -15.3% |
Egypt | 75.1 | 0.4 | 27.6 | 35.6 | -22.0% |
Taiwan (Chinese) | 20.4 | 0.4 | 2.2 | 26.2 | 8.7% |
Japan | N/A | 2.9 | 0.1 | 19.9 | 162.0% |
Spain | 0.5 | N/A | 6.2 | 18.5 | 233.2% |
Thailand | 0.4 | 9.4 | 7.4 | 12.0 | 210.7% |
Germany | 4.3 | 11.0 | 8.9 | 5.1 | 5.9% |
Indonesia | 19.9 | 1.7 | 19.8 | 1.5 | -57.8% |
United States | 13.1 | 16.6 | N/A | 0.6 | -64.2% |
United Arab Emirates | 18.1 | 14.0 | 22.6 | N/A | 11.7% |
Others | 13.5 | 29.6 | 8.7 | 13.0 | -1.3% |
Total | 281 | 177 | 163 | 203 | -10.3% |
Top Suppliers of Percussion Musical Instrument to Morocco in 2022:
- China (1685.0 units)
- Egypt (850.0 units)
- Taiwan (Chinese) (615.0 units)
- Japan (308.0 units)
- Thailand (287.0 units)
- Spain (227.0 units)
- Germany (120.0 units)
- Indonesia (36.0 units)
- United States (14.0 units)
Percussion Musical Instrument Exports in Morocco
Percussion musical instrument exports from Morocco soared to 103 units in 2022, growing by 18% against the previous year. Overall, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports attained the peak figure at 145 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, percussion musical instrument exports surged to $7.4K in 2022. In general, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 96% against the previous year. The exports peaked at $8.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Percussion Musical Instrument in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.5 | 1.6 | 0.3 | 2.8 | 23.1% |
Canada | N/A | N/A | N/A | 1.9 | 0% |
Saudi Arabia | 0.1 | N/A | N/A | 0.9 | 108.0% |
United States | 0.3 | 0.1 | 3.9 | 0.8 | 38.7% |
Burkina Faso | N/A | N/A | N/A | 0.2 | 0% |
Spain | 0.6 | N/A | N/A | N/A | 0% |
Belgium | N/A | 0.8 | N/A | N/A | 0% |
Algeria | 5.0 | 0.6 | 0.9 | N/A | -57.6% |
Australia | 0.4 | N/A | N/A | N/A | 0% |
Mauritania | 0.2 | N/A | 1.2 | N/A | 144.9% |
Others | 0.1 | N/A | N/A | 0.7 | 91.3% |
Total | 8.2 | 3.2 | 6.2 | 7.4 | -3.4% |
Top Export Markets for Percussion Musical Instrument from Morocco in 2022:
- Germany (39.0 units)
- Canada (27.0 units)
- Saudi Arabia (12.0 units)
- United States (12.0 units)
- Burkina Faso (3.0 units)
This report provides an in-depth analysis of the percussion musical instrument 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 32201510 - Percussion musical instruments
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the percussion musical instrument market in Morocco.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Morocco.
This report provides an in-depth analysis of the global percussion musical instrument market.
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