Morocco: Ball Market 2024

Ball Market Size in Morocco

The Moroccan ball market amounted to $X in 2022, surging by 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Ball Exports

Exports from Morocco

In 2022, the amount of balls exported from Morocco contracted significantly to X units, dropping by -32.7% compared with the year before. In general, exports, however, showed a modest increase. The most prominent rate of growth was recorded in 2014 when exports increased by 5,212%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ball exports dropped rapidly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 5,286% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Guinea (X units), Mali (X units) and Burkina Faso (X units) were the main destinations of ball exports from Morocco, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of +73.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ball exported from Morocco were Guinea ($X), Mali ($X) and Burkina Faso ($X), together comprising 77% of total exports.

In terms of the main countries of destination, Guinea, with a CAGR of +67.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball export price stood at $X per unit in 2022, with a decrease of -60.2% against the previous year. Over the period under review, the export price continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28%. The export price peaked at $X per unit in 2021, and then reduced notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Gabon ($X per unit) and Tunisia ($X per unit), while the average price for exports to Burkina Faso ($X per unit) and Mali ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+74.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Imports

Imports into Morocco

Ball imports into Morocco stood at X units in 2022, increasing by 11% compared with 2021 figures. Over the period under review, imports recorded a moderate increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, ball imports stood at $X in 2022. In general, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ball to Morocco, accounting for a 51% share of total imports. Moreover, ball imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), fourfold. The Philippines (X units) ranked third in terms of total imports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+2.5% per year) and the Philippines (+11.7% per year).

In value terms, China ($X) constituted the largest supplier of balls to Morocco, comprising 53% of total imports. The second position in the ranking was held by Thailand ($X), with an 11% share of total imports. It was followed by Pakistan, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+1.8% per year) and Pakistan (+32.1% per year).

Import Prices by Country

In 2022, the average ball import price amounted to $X per unit, increasing by 2.9% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball import price decreased by -18.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 an increase of 55%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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