Morocco: Market for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates 2024

Market Size for Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates in Morocco

The Moroccan market for snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021, growing by 90% 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). In general, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Exports from Morocco

In 2021, after six years of growth, there was significant decline in shipments abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates, when their volume decreased by -37.4% to X tons. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 222% against the previous year. The exports peaked at X tons in 2020, and then fell significantly in the following year.

In value terms, exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates fell rapidly to $X in 2021. In general, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2018 when exports increased by 160% against the previous year. Over the period under review, the exports of hit record highs at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

France (X tons) was the main destination for exports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from Morocco, accounting for a 99% share of total exports. It was followed by Democratic Republic of the Congo (X kg), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +56.0%.

In value terms, France ($X) remains the key foreign market for snow-skis and other snow-ski equipment, ice-skates and roller-skates exports from Morocco, comprising 99% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to France totaled +61.9%.

Export Prices by Country

In 2021, the average export price for snow-skis and other snow-ski equipment, ice-skates and roller-skates amounted to $X per ton, which is down by -12.2% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the average export price increased by 27%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to France totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.7%).

Imports of Snow-Skis And Other Snow-Ski Equipment, Ice-Skates And Roller-Skates

Imports into Morocco

For the third year in a row, Morocco recorded growth in purchases abroad of snow-skis and other snow-ski equipment, ice-skates and roller-skates, which increased by 55% to X tons in 2021. In general, imports showed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates soared to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of skis and its equipment and skates to Morocco, with a 84% share of total imports. Moreover, imports of snow-skis and other snow-ski equipment, ice-skates and roller-skates from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+20.2% per year) and Germany (+15.3% per year).

In value terms, China ($X) constituted the largest supplier of snow-skis and other snow-ski equipment, ice-skates and roller-skates to Morocco, comprising 81% of total imports. The second position in the ranking was taken by Spain ($X), with a 2.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +17.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+15.7% per year) and Germany (+7.1% per year).

Import Prices by Country

The average import price for snow-skis and other snow-ski equipment, ice-skates and roller-skates stood at $X per ton in 2021, growing by 22% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany ($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 (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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