Morocco: Optical Telescope Market 2025

Optical Telescope Market Size in Morocco

The Moroccan optical telescope market declined rapidly to $X in 2021, with a decrease of -35.8% 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, however, saw resilient growth. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Optical Telescope Exports

Exports from Morocco

In 2021, overseas shipments of optical telescopes decreased by -73.9% to X units, falling for the second year in a row after two years of growth. Overall, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 750% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, optical telescope exports shrank notably to $X in 2021. In general, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2014 with an increase of 1,250%. Over the period under review, the exports attained the peak figure at $X in 2020, and then fell sharply in the following year.

Exports by Country

Cote d'Ivoire (X units) was the main destination for optical telescope exports from Morocco, with a 83% share of total exports. Moreover, optical telescope exports to Cote d'Ivoire exceeded the volume sent to the second major destination, France (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled +12.1%.

In value terms, France ($X) emerged as the key foreign market for optical telescope exports from Morocco, comprising 72% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France stood at -5.3%.

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2021, dropping by -92.7% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 176%. As a result, the export price reached the peak level of $X per unit, and then dropped significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Cote d'Ivoire amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+212.6%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Telescope Imports

Imports into Morocco

In 2021, approx. X units of optical telescopes were imported into Morocco; falling by -38.2% against 2020 figures. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2016 when imports increased by 8,890%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, optical telescope imports declined rapidly to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 7,284% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, France (X units) constituted the largest supplier of optical telescope to Morocco, accounting for a 81% share of total imports. Moreover, optical telescope imports from France exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. Germany (X units) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.7% per year) and Germany (+62.2% per year).

In value terms, France ($X) constituted the largest supplier of optical telescope to Morocco, comprising 98% of total imports. The second position in the ranking was held by China ($X), with a 0.6% share of total imports. It was followed by the United States, with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.5% per year) and the United States (-21.1% per year).

Import Prices by Country

In 2021, the average optical telescope import price amounted to $X per unit, increasing by 14% against the previous year. In general, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 143% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per unit), while the price for China ($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 (-14.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :