Report Update Nov 1, 2024

Morocco - Bodies for Motor Vehicles for the Transporting People - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in Morocco

The Moroccan transportation vehicle body market reduced notably to $X in 2022, falling by -53.5% against the previous year. Overall, consumption, however, saw modest growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Transportation Vehicle Body Production in Morocco

In value terms, transportation vehicle body production shrank markedly to $X in 2022 estimated in export price. In general, production showed a precipitous slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 4,578% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Transportation Vehicle Body Exports

Exports from Morocco

Transportation vehicle body exports from Morocco soared to X units in 2022, growing by 584% on 2021 figures. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, transportation vehicle body exports soared to $X in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X units) was the main destination for transportation vehicle body exports from Morocco, accounting for a approx. 99.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to France stood at +52.1%.

In value terms, France ($X) also remains the key foreign market for bodies for motor vehicles for the transporting people exports from Morocco.

From 2012 to 2022, the average annual growth rate of value to France totaled +34.1%.

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, dropping by -8.8% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 12%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -11.8% per year.

Transportation Vehicle Body Imports

Imports into Morocco

In 2022, approx. X units of bodies for motor vehicles for the transporting people were imported into Morocco; waning by -15.1% compared with 2021. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2013 when imports increased by 122%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, transportation vehicle body imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 119% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X units) was the main transportation vehicle body supplier to Morocco, with a 95% share of total imports. It was followed by Tunisia (X units), with a 1.6% share of total imports. Romania (X units) ranked third in terms of total imports with a 0.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+198.7% per year) and Romania (-0.3% per year).

In value terms, France ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to Morocco, comprising 95% of total imports. The second position in the ranking was held by Tunisia ($X), with a 1.6% share of total imports. It was followed by Romania, with a 0.3% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+428.3% per year) and Romania (+15.8% per year).

Import Prices by Country

The average transportation vehicle body import price stood at $X per unit in 2022, rising by 42% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 90%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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 France ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+76.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bodies for motor vehicles for the transporting people in the world?

China remains the largest transportation vehicle body consuming country worldwide, accounting for 28% of total volume. Moreover, transportation vehicle body consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, fourfold. The United States ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of bodies for motor vehicles for the transporting people in the world?

China remains the largest transportation vehicle body producing country worldwide, comprising approx. 34% of total volume. Moreover, transportation vehicle body production in China exceeded the figures recorded by the second-largest producer, the United States, fourfold. India ranked third in terms of total production with a 5.4% share.

What are the leading suppliers of bodies for motor vehicles for the transporting people to Morocco?

In value terms, the largest transportation vehicle body suppliers to Morocco were France, Romania and South Korea, with a combined 77% share of total imports. These countries were followed by Portugal, Turkey, Slovakia and Italy, which together accounted for a further 16%.

What are the leading importers of bodies for motor vehicles for the transporting people from Morocco?

In value terms, France remains the key foreign market for transportation vehicle body exports from Morocco.

What is the average export price for bodies for motor vehicles for the transporting people in Morocco?

The average transportation vehicle body export price stood at $339 per unit in 2021, dropping by -26.5% against the previous year.

What is the average import price for bodies for motor vehicles for the transporting people in Morocco?

The average transportation vehicle body import price stood at $571 per unit in 2021, reducing by -4.5% against the previous year.

This report provides an in-depth analysis of the transportation vehicle body 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 29201030 - Bodies for motor cars and other motor vehicles principally designed for the transport of persons (including for golf cars and similar vehicles) (excluding those for transporting . .10 persons)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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