Price for Garden or Similar Umbrellas in Morocco - 2022
Contents:
- Price for Garden or Similar Umbrellas in Morocco (CIF) - 2022
- Price for Garden or Similar Umbrellas in Morocco (FOB) - 2022
- Imports of Garden or Similar Umbrellas in Morocco
- Exports of Garden or Similar Umbrellas in Morocco
Price for Garden or Similar Umbrellas in Morocco (CIF) - 2022
The average garden or similar umbrellas import price stood at $22 per unit in 2022, surging by 4.6% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, garden or similar umbrellas import price increased by +69.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 62% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($115 per unit), while the price for China ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Garden or Similar Umbrellas in Morocco (FOB) - 2022
The average garden or similar umbrellas export price stood at $7.3 per unit in 2022, reducing by -32.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 565%. The export price peaked at $26 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +47.7% per year.
Imports of Garden or Similar Umbrellas in Morocco
Garden or similar umbrellas imports into Morocco skyrocketed to 148K units in 2022, growing by 40% on the previous year's figure. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, garden or similar umbrellas imports surged to $3.2M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +71.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Garden or Similar Umbrellas in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,219 | 1,134 | 1,339 | 1,548 | 8.3% |
| Turkey | 262 | 165 | 168 | 547 | 27.8% |
| Spain | 156 | 109 | 138 | 439 | 41.2% |
| France | 113 | 23.1 | 143 | 87.7 | -8.1% |
| Netherlands | 6.8 | 29.7 | 1.0 | 81.3 | 128.7% |
| Others | 551 | 419 | 411 | 522 | -1.8% |
| Total | 2,308 | 1,879 | 2,200 | 3,226 | 11.8% |
Top Suppliers of Garden or Similar Umbrellas to Morocco in 2022:
- China (116.0K units)
- Spain (15.8K units)
- Netherlands (5.0K units)
- Turkey (4.7K units)
- France (2.9K units)
Exports of Garden or Similar Umbrellas in Morocco
In 2022, exports of garden or similar umbrellases from Morocco surged to 32K units, jumping by 313% against the previous year. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, garden or similar umbrellas exports soared to $233K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Garden or Similar Umbrellas in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 33.8 | 13.7 | 38.3 | 206 | 82.7% |
| United Arab Emirates | 5.2 | 16.2 | 14.3 | N/A | 65.8% |
| Others | 21.2 | 3.5 | 31.1 | 26.7 | 8.0% |
| Total | 60.2 | 33.4 | 83.7 | 233 | 57.0% |
Top Export Markets for Garden or Similar Umbrellas from Morocco in 2022:
- Spain (31.3K units)
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