Morocco: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Morocco

In 2022, the Moroccan spectrometers and spectrophotometers market decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Spectrometers And Spectrophotometers Exports

Exports from Morocco

In 2022, approx. X units of spectrometers and spectrophotometers were exported from Morocco; rising by X% compared with the year before. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports surged to $X in 2022. In general, exports continue to indicate significant growth. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X units) was the main destination for spectrometers and spectrophotometers exports from Morocco, with a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to Tunisia exceeded the volume sent to the second major destination, France (X units), fivefold. Mauritania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Tunisia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Mauritania (X% per year).

In value terms, Tunisia ($X) emerged as the key foreign market for spectrometers and spectrophotometers exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Mauritania (X.4% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 France ($X per unit), while the average price for exports to the United Arab Emirates ($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 Mauritania (X.2%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Morocco

In 2022, overseas purchases of spectrometers and spectrophotometers decreased by X% to X units, falling for the second year in a row after four years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, spectrometers and spectrophotometers imports reduced remarkably to $X in 2022. Over the period under review, total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and India (X units) were the main suppliers of spectrometers and spectrophotometers imports to Morocco, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the UK ($X) appeared to be the largest spectrometers and spectrophotometers suppliers to Morocco, together comprising X% of total imports. The United States, France, Japan, Singapore, India and Finland lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded 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

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, declining by X% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectrometers and spectrophotometers import price decreased by X% against 2015 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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