Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco - 2023
Contents:
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (CIF) - 2023
- Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (FOB) - 2022
- Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco
- Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (CIF) - 2023
The average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses stood at $1.2 per unit in June 2023, surging by 2.1% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 14% month-to-month. As a result, import price reached the peak level of $1.2 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Bulgaria ($1.1 per unit), while the price for Egypt ($315 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.5%), while the prices for the other major suppliers experienced a decline.
Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (FOB) - 2022
In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $5.9 per unit, waning by -11.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 24% against the previous year. Over the period under review, the average export prices reached the maximum at $7.1 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($14 per unit), while the average price for exports to the Netherlands ($4 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco
In 2022, the amount of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses imported into Morocco surged to 23M units, growing by 36% against 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +106.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses surged to $27M in 2022. Over the period under review, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 6.5 | 4.7 | 10.8 | 17.9 | 40.2% |
| China | 11.2 | 5.6 | 3.1 | 3.1 | -34.8% |
| Turkey | 1.8 | 1.4 | 2.3 | 2.0 | 3.6% |
| United Arab Emirates | 1.2 | 1.3 | 3.7 | 1.5 | 7.7% |
| Spain | 0.8 | 0.8 | 1.5 | 0.9 | 4.0% |
| France | 0.5 | 0.2 | 0.4 | 0.6 | 6.3% |
| Bulgaria | 0.4 | 0.2 | 0.3 | 0.3 | -9.1% |
| Others | 1.1 | 0.6 | 0.5 | 0.4 | -28.6% |
| Total | 23.6 | 14.8 | 22.6 | 26.8 | 4.3% |
Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Morocco in 2022:
- Egypt (13.1M units)
- Turkey (2.9M units)
- United Arab Emirates (2.4M units)
- China (2.1M units)
- Spain (1.2M units)
- France (0.4M units)
- Bulgaria (0.4M units)
Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco
In 2022, approx. 232K units of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses were exported from Morocco; declining by -8.1% compared with the previous year. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. The exports peaked at 274K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses contracted dramatically to $1.4M in 2022. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 72%. As a result, the exports attained the peak of $1.7M, and then declined sharply in the following year.
| Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 412 | 312 | 644 | 427 | 1.2% |
| France | 402 | 170 | 402 | 422 | 1.6% |
| Belgium | 48.7 | 11.0 | 3.2 | 145 | 43.9% |
| Denmark | 65.4 | 31.8 | 92.6 | 74.8 | 4.6% |
| Canada | 12.9 | 5.6 | 62.5 | 59.3 | 66.3% |
| New Zealand | 24.2 | 17.1 | 62.7 | 30.0 | 7.4% |
| Israel | 29.2 | 45.0 | 44.9 | 25.9 | -3.9% |
| Germany | 95.9 | 27.8 | 40.2 | 24.6 | -36.5% |
| Spain | 17.8 | 11.8 | 77.6 | 22.6 | 8.3% |
| Australia | 45.5 | 22.0 | 44.7 | 15.7 | -29.9% |
| Netherlands | 28.5 | 36.8 | 31.3 | 12.1 | -24.8% |
| Cote d'Ivoire | 43.3 | 86.6 | 15.3 | N/A | -40.6% |
| Saudi Arabia | 108 | 74.2 | N/A | N/A | -31.3% |
| Others | 158 | 132 | 172 | 117 | -9.5% |
| Total | 1,490 | 984 | 1,692 | 1,376 | -2.6% |
Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Morocco in 2022:
- United States (105.1K units)
- France (50.6K units)
- Belgium (18.7K units)
- Canada (13.7K units)
- New Zealand (7.4K units)
- Israel (5.7K units)
- Denmark (5.5K units)
- Spain (5.4K units)
- Australia (3.9K units)
- Netherlands (3.0K units)
- Germany (2.3K units)
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