Morocco - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Morocco - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights

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Optical Radiation Instruments Price in Morocco - 2022

Contents:

  1. Optical Radiation Instruments Price in Morocco (CIF) - 2022
  2. Optical Radiation Instruments Price in Morocco (FOB) - 2022
  3. Optical Radiation Instruments Imports in Morocco
  4. Optical Radiation Instruments Exports in Morocco

Optical Radiation Instruments Price in Morocco (CIF) - 2022

In 2022, the average optical radiation instruments import price amounted to $176 per unit, reducing by -3% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 31%. The import price peaked at $184 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($561 per unit), while the price for Germany ($104 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Optical Radiation Instruments Price in Morocco (FOB) - 2022

The average optical radiation instruments export price stood at $476 per unit in 2022, jumping by 32% against the previous year. Over the period under review, the export price recorded a notable increase. The growth pace was the most rapid in 2020 when the average export price increased by 147% against the previous year. As a result, the export price attained the peak level of $1,374 per unit. From 2021 to 2022, the average export prices remained at a somewhat 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 Belgium ($1,200 per unit), while the average price for exports to Cote d'Ivoire ($126 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+166.6%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports in Morocco

Optical radiation instruments imports into Morocco skyrocketed to 73K units in 2022, picking up by 30% against the previous year's figure. The total import volume increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments imports soared to $13M in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Import of Optical Radiation Instruments in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3962,0071,9623,95041.4%
Japan1,6381,5501,3773,27726.0%
Italy21040.77421,58196.0%
Germany6531,0011,1641,20222.6%
China4964454376288.2%
France3683581724174.3%
Switzerland15824226522612.7%
Belgium43.728.62,0372.5-61.5%
Others8261,7611,9931,49521.9%
Total5,7907,43410,15012,78030.2%

Top Suppliers of Optical Radiation Instruments to Morocco in 2022:

  1. Belgium (undefinedK units)
  2. Japan (27.6K units)
  3. United States (16.1K units)
  4. Germany (11.6K units)
  5. Italy (10.3K units)
  6. France (1.7K units)
  7. Switzerland (1.2K units)
  8. China (1.1K units)

Optical Radiation Instruments Exports in Morocco

Optical radiation instruments exports from Morocco surged to 338 units in 2022, jumping by 28% against 2021. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,225%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, optical radiation instruments exports soared to $161K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 250%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Optical Radiation Instruments in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SenegalN/AN/AN/A1200%
BelgiumN/A25.2N/A23.3-3.8%
FinlandN/AN/AN/A17.00%
Cote d'IvoireN/AN/A7.10.1-98.6%
GermanyN/AN/A50.0N/A0%
TunisiaN/AN/A32.7N/A0%
Netherlands6.4N/AN/AN/A0%
Others2.02.05.50.4-41.5%
Total8.327.295.3161168.7%

Top Export Markets for Optical Radiation Instruments from Morocco in 2022:

  1. Senegal (202.0 units)
  2. Finland (116.0 units)
  3. Belgium (19.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical radiation instruments 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 26515350 - Instruments and apparatus using optical radiations, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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