Report Update Nov 1, 2024

Morocco - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Shipping Market 2024

Shipping Market Size in Morocco

After three years of growth, the Moroccan shipping market decreased by -4.6% to $X in 2021. Over the period under review, consumption, however, saw temperate growth. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted modestly in the following year.

Shipping Production in Morocco

In value terms, shipping production reduced to $X in 2021 estimated in export price. Overall, production, however, enjoyed a slight expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 71% against the previous year. Shipping production peaked at $X in 2020, and then reduced in the following year.

Shipping Exports

Exports from Morocco

In 2017, exports of ships, vessels, ferry-boats for the transport of persons from Morocco stood at X units, approximately reflecting 2016 figures. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2014. The exports peaked in 2017 and are likely to continue growth in the immediate term.

In value terms, shipping exports stood at $X in 2017. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2014. The exports peaked in 2017 and are expected to retain growth in the immediate term.

Exports by Country

Greece (X units) was the main destination for shipping exports from Morocco, with a approx. 100% share of total exports.

From 2013 to 2017, the average annual growth rate of volume to Greece totaled +187.2%.

From 2013 to 2017, the average annual rate of growth in terms of value to Greece amounted to +143.3%.

Export Prices by Country

In 2017, the average shipping export price amounted to $X per unit, approximately reflecting the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2017, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2013 to 2017, the rate of growth in terms of prices for Greece amounted to -15.3% per year.

Shipping Imports

Imports into Morocco

In 2021, shipping imports into Morocco skyrocketed to X units, growing by 38% against the previous year's figure. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 500%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, shipping imports skyrocketed to $X in 2021. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X units), Spain (X units) and Greece (X units) were the main suppliers of shipping imports to Morocco, with a combined 82% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +31.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), France ($X) and the Netherlands ($X) constituted the largest shipping suppliers to Morocco, together accounting for 61% of total imports.

France, with a CAGR of +148.8%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average shipping import price amounted to $X per unit, increasing by 246% against the previous year. In general, the import price, however, showed a mild curtailment. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per unit), while the price for Spain ($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 (+54.5%), 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 ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of shipping consumption in 2021 were Italy, France and China, together comprising 51% of global consumption.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

Italy remains the largest shipping producing country worldwide, accounting for 50% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, France, fivefold. The third position in this ranking was occupied by China, with a 10% share.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Morocco?

In value terms, Greece constituted the largest supplier of shipping to Morocco, comprising 69% of total imports. The second position in the ranking was occupied by France, with a 17% share of total imports.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Morocco?

In 2017, the average shipping export price amounted to $7,314 per unit, remaining relatively unchanged against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Morocco?

The average shipping import price stood at $221 per unit in 2021, declining by -8% against the previous year.

This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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