Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco - 2023

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (CIF) - 2022
  2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (FOB) - 2022
  3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco
  4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (CIF) - 2022

The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $7,723 per ton in 2022, which is down by -69.1% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 106% against the previous year. Over the period under review, average import prices hit record highs at $25,529 per ton in 2015; however, from 2016 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 Germany ($74,993 per ton), while the price for China ($4,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $14,743 per ton in 2020, waning by -41.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 65%. As a result, the export price attained the peak level of $45,908 per ton. From 2019 to 2020, the average export prices remained at a somewhat lower figure.

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

From 2015 to 2020, the rate of growth in terms of prices for Senegal amounted to +61.2% per year.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco

In 2022, overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -33% to 29 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 192%. As a result, imports reached the peak of 107 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses declined significantly to $224K in 2022. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 204%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.635426.012495.5%
Germany9.270.967.161.388.2%
France14825390.137.2-36.9%
Spain8.967.93950.6-59.3%
United States10116.52.20.1-90.0%
Others1796435021.7-78.8%
Total4631,4051,082224-21.5%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Morocco in 2022:

  1. China (27.1 tons)
  2. France (1.1 tons)
  3. Germany (0.8 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco

In 2020, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses exported from Morocco skyrocketed to 729 kg, growing by 3,545% compared with 2019 figures. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $11K in 2020. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Morocco (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
MauritaniaN/A10.70%
Cote d'Ivoire0.5N/A0%
OthersN/AN/A0%
Total0.510.72040.0%

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Morocco in 2022:

  1. Mauritania (729.0 kg)

Source: IndexBox Market Intelligence Platform

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