Morocco: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Morocco

After three years of decline, the Moroccan inflatable vessel market increased by 33% to $X in 2021. Over the period under review, consumption showed a strong increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Inflatable Vessel Exports

Exports from Morocco

Inflatable vessel exports from Morocco soared to X units in 2021, growing by 50% compared with 2020 figures. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 300%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, inflatable vessel exports contracted to $X in 2021. In general, exports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 4,993% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for inflatable vessel exports from Morocco, accounting for a 67% share of total exports. Moreover, inflatable vessel exports to France exceeded the volume sent to the second major destination, Switzerland (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to France totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-29.3% per year) and Spain (-11.5% per year).

In value terms, the largest markets for inflatable vessel exported from Morocco were France ($X), Spain ($X) and Democratic Republic of the Congo ($X), with a combined 98% share of total exports.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of +3.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average inflatable vessel export price amounted to $X per unit, with a decrease of -35.7% against the previous year. Overall, the export price, however, recorded a tangible increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 369% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.

Inflatable Vessel Imports

Imports into Morocco

In 2021, after three years of decline, there was significant growth in overseas purchases of inflatable vessels for pleasure or sports, when their volume increased by 30% to X units. Overall, imports recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by 525%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, inflatable vessel imports skyrocketed to $X in 2021. Over the period under review, imports saw a mild expansion. The most prominent rate of growth was recorded in 2017 with an increase of 502%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest inflatable vessel supplier to Morocco, with a 81% share of total imports. Moreover, inflatable vessel imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+67.1% per year) and Turkey (+29.3% per year).

In value terms, the Netherlands ($X), China ($X) and Spain ($X) constituted the largest inflatable vessel suppliers to Morocco, together accounting for 54% of total imports. Portugal, South Korea, France and Turkey lagged somewhat behind, together comprising a further 19%.

Portugal, with a CAGR of +52.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average inflatable vessel import price stood at $X per unit in 2021, surging by 15% against the previous year. In general, the import price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 68%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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