Morocco: Safety Seat Belt Market 2025

Safety Seat Belt Market Size in Morocco

The Moroccan safety seat belt market skyrocketed to $X in 2022, increasing by 75% 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). Overall, consumption posted a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Safety Seat Belt Exports

Exports from Morocco

In 2022, safety seat belt exports from Morocco reduced rapidly to X units, shrinking by -99.7% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 4,030%. The exports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, safety seat belt exports dropped significantly to $X in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 1,324% against the previous year. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

Cameroon (X units) was the main destination for safety seat belt exports from Morocco, accounting for a 75% share of total exports. Moreover, safety seat belt exports to Cameroon exceeded the volume sent to the second major destination, Russia (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cameroon amounted to -66.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (0.0% per year) and France (-43.0% per year).

In value terms, Russia ($X) emerged as the key foreign market for safety seat belts exports from Morocco, comprising 99% of total exports. The second position in the ranking was held by Cameroon ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cameroon (-77.7% per year) and France (-42.0% per year).

Export Prices by Country

In 2022, the average safety seat belt export price amounted to $X per unit, picking up by 21,343% against the previous year. Over the period under review, the export price recorded a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Cameroon ($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 (+116.9%), while the prices for the other major destinations experienced mixed trend patterns.

Safety Seat Belt Imports

Imports into Morocco

In 2022, the amount of safety seat belts imported into Morocco surged to X units, with an increase of 53% compared with 2021 figures. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 266% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, safety seat belt imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2020 when imports increased by 185% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Romania (X units) constituted the largest safety seat belt supplier to Morocco, with a 76% share of total imports. Moreover, safety seat belt imports from Romania exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was taken by France (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Romania totaled +61.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.6% per year) and France (-9.4% per year).

In value terms, Romania ($X) constituted the largest supplier of safety seat belts to Morocco, comprising 71% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by China, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from Romania totaled +54.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.9% per year) and China (+12.0% per year).

Import Prices by Country

In 2022, the average safety seat belt import price amounted to $X per unit, picking up by 30% against the previous year. In general, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 116% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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