Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco - 2023
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $3.1 per unit in 2022, falling by -18.1% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 49%. Over the period under review, average import prices attained the maximum at $6.1 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($3 per unit), while the price for China stood at $2.9 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.9%).
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $26 per unit, rising by 756% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($40 per unit), while the average price for exports to China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco
Imports of clocks; wall clocks, battery, accumulator or mains powereds into Morocco skyrocketed to 370K units in 2022, jumping by 55% against the year before. Over the period under review, imports, however, saw a abrupt contraction. Imports peaked at 528K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds soared to $1.1M in 2022. In general, imports, however, continue to indicate a abrupt setback. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,166 | 626 | 657 | 782 | -12.5% |
| Turkey | 8.0 | 3.3 | 103 | 281 | 227.5% |
| Others | 173 | 269 | 139 | 78.6 | -23.1% |
| Total | 1,346 | 898 | 899 | 1,141 | -5.4% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Morocco in 2022:
- China (268.3K units)
- Turkey (92.5K units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco
In 2022, shipments abroad of clocks; wall clocks, battery, accumulator or mains powereds decreased by -86.7% to 351 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 4,477%. The exports peaked at 2.6K units in 2021, and then contracted notably in the following year.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds rose rapidly to $9.1K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 4,722%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 6.0 | 228 | 698 | 7,845 | 993.5% |
| Netherlands | N/A | N/A | N/A | 826 | 0% |
| Democratic Republic of the Congo | 4.0 | 8.0 | 342 | 426 | 374.0% |
| China | N/A | N/A | N/A | 30.0 | 0% |
| Mauritania | 1.0 | 13.0 | 12.0 | 15.0 | 146.6% |
| France | 28.0 | 890 | 4,289 | N/A | 1137.7% |
| Others | 40.0 | 2,670 | 2,705 | 1.0 | -70.8% |
| Total | 79.0 | 3,809 | 8,046 | 9,143 | 387.3% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Morocco in 2022:
- Switzerland (195.0 units)
- China (69.0 units)
- Democratic Republic of the Congo (41.0 units)
- Netherlands (34.0 units)
- Mauritania (11.0 units)
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