Morocco - Special-Purpose Electric Lamps and Lighting Fittings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Special-Purpose Electric Lamp and Lighting Fitting in Morocco - 2022
Contents:
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Morocco (CIF) - 2022
- Price for Special-Purpose Electric Lamp and Lighting Fitting in Morocco (FOB) - 2022
- Imports of Special-Purpose Electric Lamp and Lighting Fitting in Morocco
- Exports of Special-Purpose Electric Lamp and Lighting Fitting in Morocco
Price for Special-Purpose Electric Lamp and Lighting Fitting in Morocco (CIF) - 2022
In December 2021, the average import price for special-purpose electric lamps and lighting fittings amounted to $7.0 per unit, almost unchanged from the previous month. Over the last eleven-month period, it increased at an average monthly rate of +4.1%. The most prominent rate of growth was recorded in February 2021 when the average import price increased by 41% against the previous month. Over the period under review, average import prices reached the maximum at $8.2 per unit in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was France ($19.2 per unit), while the price for China ($5.5 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Special-Purpose Electric Lamp and Lighting Fitting in Morocco (FOB) - 2022
In December 2021, the average export price for special-purpose electric lamps and lighting fittings amounted to $5.1 per unit, jumping by 50% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 1,101% month-to-month. As a result, the export price attained the peak level of $20.4 per unit. From May 2021 to December 2021, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was Senegal ($7.1 per unit), while the average price for exports to Mali ($2.1 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Special-Purpose Electric Lamp and Lighting Fitting in Morocco
In 2022, the amount of special-purpose electric lamps and lighting fittings imported into Morocco fell to 4.2M units, which is down by -7.5% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of 4.5M units, and then shrank in the following year.
In value terms, imports of special-purpose electric lamps and lighting fittings dropped to $67M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $74M, and then shrank in the following year.
| Import of Special-Purpose Electric Lamp and Lighting Fitting in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.7 | 24.6 | 35.0 | 30.7 | 6.1% |
| Spain | 11.3 | 11.1 | 12.0 | 10.5 | -2.4% |
| Italy | 9.2 | 7.6 | 11.9 | 10.4 | 4.2% |
| Turkey | 3.4 | 3.7 | 4.6 | 4.1 | 6.4% |
| France | 4.8 | 4.8 | 4.0 | 3.9 | -6.7% |
| Others | 9.5 | 8.3 | 6.6 | 7.4 | -8.0% |
| Total | 64.0 | 60.1 | 74.0 | 67.0 | 1.5% |
Top Suppliers of Special-Purpose Electric Lamp and Lighting Fitting to Morocco in 2022:
- China (2514.1K units)
- Turkey (495.7K units)
- Italy (411.9K units)
- Spain (371.8K units)
- France (136.0K units)
Exports of Special-Purpose Electric Lamp and Lighting Fitting in Morocco
Exports of special-purpose electric lamps and lighting fittings from Morocco shrank remarkably to 410K units in 2022, with a decrease of -27.3% against the previous year's figure. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year. As a result, the exports reached the peak of 564K units, and then fell rapidly in the following year.
In value terms, exports of special-purpose electric lamps and lighting fittings reduced notably to $4.6M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 80% against the previous year. As a result, the exports attained the peak of $5.9M, and then reduced markedly in the following year.
| Export of Special-Purpose Electric Lamp and Lighting Fitting in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 1,157 | 1,021 | 2,688 | 2,068 | 21.4% |
| Senegal | 1,556 | 1,079 | 629 | 601 | -27.2% |
| Togo | 83.0 | 214 | 487 | 375 | 65.3% |
| Burkina Faso | 94.5 | 14.7 | 460 | 354 | 55.3% |
| France | 146 | 11.0 | 312 | 240 | 18.0% |
| Mauritania | 95.5 | 312 | 252 | 193 | 26.4% |
| Mali | 61.8 | 1.0 | 226 | 174 | 41.2% |
| United Arab Emirates | 168 | 0.6 | 205 | 158 | -2.0% |
| Congo | 200 | 41.8 | 113 | 87.2 | -24.2% |
| Guinea | 44.9 | 141 | 39.1 | 50.2 | 3.8% |
| Others | 962 | 469 | 529 | 322 | -30.6% |
| Total | 4,569 | 3,305 | 5,939 | 4,622 | 0.4% |
Top Export Markets for Special-Purpose Electric Lamp and Lighting Fitting from Morocco in 2022:
- Cote d'Ivoire (188.1K units)
- Burkina Faso (50.0K units)
- Senegal (46.7K units)
- Mali (39.5K units)
- Togo (20.0K units)
- United Arab Emirates (13.9K units)
- France (13.0K units)
- Mauritania (8.8K units)
- Congo (7.7K units)
- Guinea (4.6K units)
This report provides an in-depth analysis of the market for special-purpose electric lamp and lighting fitting 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 27403930 - Electric lamps and lighting fittings, of plastic and other materials, of a kind used for filament lamps and tubular fluorescent lamps
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
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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
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