Morocco: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Morocco

The Moroccan telephone apparatus market skyrocketed to $X in 2022, growing by 28% 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). Over the period under review, consumption posted a significant increase. Telephone apparatus consumption peaked in 2022 and is expected to retain growth in the immediate term.

Telephone Apparatus Exports

Exports from Morocco

In 2022, approx. X tons of telephone apparatus were exported from Morocco; growing by 13% on 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 13,520% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, telephone apparatus exports shrank to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 351%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

The United Arab Emirates (X tons), Hungary (X tons) and the Netherlands (X tons) were the main destinations of telephone apparatus exports from Morocco, together comprising 18% 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 Hungary (with a CAGR of +191.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for telephone apparatus exports from Morocco, comprising 20% of total exports. The second position in the ranking was held by Hungary ($X), with a 1.9% share of total exports. It was followed by the Netherlands, with a 1.4% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates totaled +146.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+184.6% per year) and the Netherlands (+4.4% per year).

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per kg, picking up by 5% against the previous year. Over the period under review, the export price, however, continues to indicate a dramatic contraction. The growth pace was the most rapid in 2017 an increase of 42% against the previous year. The export price peaked at $X per kg in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per kg), while the average price for exports to Hong Kong SAR ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Morocco

For the third consecutive year, Morocco recorded growth in purchases abroad of telephone apparatus, which increased by 25% to X tons in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2013 when imports increased by 440%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, telephone apparatus imports soared to $X in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 550%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Morocco, with a 41% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), ninefold. India (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+15.3% per year) and India (+36.9% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Morocco, comprising 64% of total imports. The second position in the ranking was held by Vietnam ($X), with an 18% share of total imports. It was followed by India, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+18.4% per year) and India (+25.4% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 179%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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