Price for Shavers; with Self-Contained Electric Motor in Morocco - 2022

Contents:

1. Price for Shavers; with Self-Contained Electric Motor in Morocco (CIF) - 2022
2. Price for Shavers; with Self-Contained Electric Motor in Morocco (FOB) - 2022
3. Imports of Shavers; with Self-Contained Electric Motor in Morocco
4. Exports of Shavers; with Self-Contained Electric Motor in Morocco

Price for Shavers; with Self-Contained Electric Motor in Morocco (CIF) - 2022

The average import price for shavers; with self-contained electric motors stood at $2.4 per unit in 2022, falling by -77.2% against the previous year. Over the period under review, the import price faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 21% against the previous year. The import price peaked at $29 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($24 per unit) and China ($24 per unit), while the price for Hungary ($24 per unit) and Germany ($24 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.3%), while the prices for the other major suppliers experienced a decline.

Price for Shavers; with Self-Contained Electric Motor in Morocco (FOB) - 2022

In 2022, the average export price for shavers; with self-contained electric motors amounted to less than $0.1 per unit, falling by -99.9% against the previous year. Over the period under review, the export price saw a significant decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 2,867%. As a result, the export price attained the peak level of $34 per unit. From 2014 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 France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +23.6% per year.

Imports of Shavers; with Self-Contained Electric Motor in Morocco

In 2022, shavers; with self-contained electric motor imports into Morocco surged to 170K units, increasing by 682% on 2021 figures. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, shavers; with self-contained electric motor imports skyrocketed to $406K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 108%. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Shavers; with Self-Contained Electric Motor to Morocco in 2022:

1. China (10.4K units)
2. Indonesia (4.0K units)
3. Germany (1.1K units)
4. United States (1.0K units)
5. Hungary (0.3K units)

Exports of Shavers; with Self-Contained Electric Motor in Morocco

For the third year in a row, Morocco recorded growth in shipments abroad of shavers; with self-contained electric motors, which increased by 63,250% to 1.3K units in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shavers; with self-contained electric motor exports declined dramatically to $3 in 2022. In general, exports, however, recorded a sharp setback. Over the period under review, the exports hit record highs at $4 in 2021, and then fell significantly in the following year.

Top Export Markets for Shavers; with Self-Contained Electric Motor from Morocco in 2022:

1. France (903.0 units)

Source: IndexBox Market Intelligence Platform