Report Update Nov 1, 2024

Morocco - Ink-Pads - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Ink-Pad Market 2024

Ink-Pad Market Size in Morocco

In 2022, the Moroccan ink-pad market increased by 189% to $X, rising for the second consecutive year after five years of decline. Over the period under review, consumption showed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ink-Pad Exports

Exports from Morocco

Ink-pad exports from Morocco surged to X units in 2022, picking up by 43% on the year before. Overall, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 707%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, ink-pad exports shrank sharply to $X in 2022. In general, exports, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 560%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for ink-pad exports from Morocco, with a 78% share of total exports. Moreover, ink-pad exports to China exceeded the volume sent to the second major destination, Kenya (X units), sixfold. Germany (X units) ranked third in terms of total exports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (0.0% per year) and Germany (+669.2% per year).

In value terms, Mauritania ($X), China ($X) and Germany ($X) constituted the largest markets for ink-pad exported from Morocco worldwide.

Among the main countries of destination, China, with a CAGR of 0.0%, 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 2022, the average ink-pad export price amounted to less than $X per unit, shrinking by -96.6% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 338% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($X per unit), while the average price for exports to Kenya (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+31.5%), while the prices for the other major destinations experienced mixed trend patterns.

Ink-Pad Imports

Imports into Morocco

In 2022, overseas purchases of ink-pads increased by 270% to X units, rising for the second consecutive year after five years of decline. In general, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ink-pad imports surged to $X in 2022. Overall, imports, however, showed a abrupt decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main ink-pad supplier to Morocco, with a 93% share of total imports. It was followed by Turkey (X units), with a 1.9% share of total imports. Austria (X units) ranked third in terms of total imports with a 1.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.6% per year) and Austria (+0.7% per year).

In value terms, China ($X) constituted the largest supplier of ink-pads to Morocco, comprising 50% of total imports. The second position in the ranking was taken by Austria ($X), with a 21% share of total imports. It was followed by Italy, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +17.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+7.9% per year) and Italy (-2.8% per year).

Import Prices by Country

The average ink-pad import price stood at $X per unit in 2022, with a decrease of -56.7% against the previous year. In general, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 China (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), 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 ink-pads in the world?

South Africa remains the largest ink-pad consuming country worldwide, accounting for 86% of total volume. It was followed by the United States, with a 1.9% share of total consumption.

What are the largest producers of ink-pads in the world?

South Africa remains the largest ink-pad producing country worldwide, comprising approx. 98% of total volume.

What are the leading suppliers of ink-pads to Morocco?

In value terms, the largest ink-pad suppliers to Morocco were China, Austria and France, together accounting for 73% of total imports.

What is the average export price for ink-pads in Morocco?

The average ink-pad export price stood at $2.4 per unit in 2021, shrinking by -53.8% against the previous year.

What is the average import price for ink-pads in Morocco?

In 2021, the average ink-pad import price amounted to $0.7 per unit, declining by -24.8% against the previous year.

This report provides an in-depth analysis of the ink-pad 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 32991650 - Ink-pads (excluding hand operated ink-rollers)

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