Morocco: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Morocco

After three years of growth, the Moroccan respiration apparatus market decreased by -8.9% to $X in 2021. Over the period under review, consumption, however, continues to indicate significant growth. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Respiration Apparatus Exports

Exports from Morocco

In 2021, after two years of growth, there was significant decline in overseas shipments of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by -87.1% to X kg. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 822%. The exports peaked at X tons in 2020, and then fell markedly in the following year.

In value terms, respiration apparatus exports shrank dramatically to $X in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 713%. The exports peaked at $X in 2020, and then declined markedly in the following year.

Exports by Country

Cote d'Ivoire (X kg), France (X kg) and Germany (X kg) were the main destinations of respiration apparatus exports from Morocco, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +22.8%), while the other leaders experienced a decline.

In value terms, Cote d'Ivoire ($X), Germany ($X) and France ($X) were the largest markets for respiration apparatus exported from Morocco worldwide, together comprising 98% of total exports. Madagascar and Mauritania lagged somewhat behind, together comprising a further 1%.

In terms of the main countries of destination, Mauritania, with a CAGR of +110.9%, saw the highest growth rate of 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

In 2021, the average respiration apparatus export price amounted to $X per ton, increasing by 225% against the previous year. Overall, the export price enjoyed a mild increase. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.

Respiration Apparatus Imports

Imports into Morocco

In 2021, overseas purchases of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -5.9% to X tons for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 240% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, respiration apparatus imports contracted to $X in 2021. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 264%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest respiration apparatus supplier to Morocco, with a 74% share of total imports. Moreover, respiration apparatus imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), eightfold. India (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +28.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.2% per year) and India (+70.8% per year).

In value terms, China ($X) constituted the largest supplier of respiration apparatus to Morocco, comprising 68% of total imports. The second position in the ranking was taken by the United States ($X), with a 9.3% share of total imports. It was followed by Germany, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +52.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.9% per year) and Germany (+3.9% per year).

Import Prices by Country

In 2021, the average respiration apparatus import price amounted to $X per ton, with a decrease of -6.1% against the previous year. Overall, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, respiration apparatus import price increased by +38.2% against 2016 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 32%. The import price peaked at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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