Morocco - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Morocco - 2022
Contents:
- Ball Bearing Price in Morocco (CIF) - 2022
- Ball Bearing Price in Morocco (FOB) - 2022
- Ball Bearing Imports in Morocco
- Ball Bearing Exports in Morocco
Ball Bearing Price in Morocco (CIF) - 2022
In 2022, the import price in Morocco amounted to $10,636 per ton, dropping by -4.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 33%. Morocco import price peaked at $11,135 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($26,401 per ton), while Indonesia ($7,186 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced mixed trends in the import price figures.
Ball Bearing Price in Morocco (FOB) - 2022
The export price in Morocco stood at $50,150 per ton in 2022, growing by 175% against the previous year. In general, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 265% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($201,523 per ton), while China ($6,818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.6%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Morocco
In 2022, approx. 1.5K tons of ball bearings were imported into Morocco; rising by 20% on 2021 figures. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball bearing imports rose remarkably to $16M in 2022. The total import value increased at an average annual rate of +11.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Ball Bearing in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,837 | 1,453 | 1,903 | 1,966 | 2.3% |
| China | 1,410 | 1,531 | 2,096 | 1,929 | 11.0% |
| United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
| India | 435 | 343 | 533 | 619 | 12.5% |
| Mexico | 518 | 433 | 583 | 595 | 4.7% |
| Italy | 527 | 418 | 563 | 588 | 3.7% |
| Netherlands | 445 | 432 | 519 | 518 | 5.2% |
| France | 514 | 380 | 460 | 467 | -3.1% |
| Japan | 421 | 348 | 416 | 441 | 1.6% |
| Brazil | 244 | 226 | 333 | 393 | 17.2% |
| South Korea | 348 | 302 | 401 | 351 | 0.3% |
| Indonesia | 246 | 178 | 237 | 256 | 1.3% |
| Russia | 246 | 175 | 212 | 194 | -7.6% |
| Others | -8,433.8 | -7,206.8 | -9,531.8 | -9,674.5 | 4.7% |
| Total | 11.6 | 11.5 | 13.9 | 15.9 | 11.1% |
Top Suppliers of Ball Bearing to Morocco in 2022:
- Germany (128.3K tons)
- United States (99.4K tons)
- India (85.5K tons)
- China (73.1K tons)
- Italy (45.0K tons)
- Mexico (44.6K tons)
- Netherlands (44.4K tons)
- Brazil (42.5K tons)
- Indonesia (35.6K tons)
- France (32.4K tons)
- Russia (24.9K tons)
- South Korea (23.1K tons)
- Japan (21.7K tons)
Ball Bearing Exports in Morocco
In 2022, overseas shipments of ball bearings decreased by -57.7% to 880 kg, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 1.2% against the previous year. As a result, the exports attained the peak of 7.8 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ball bearing exports skyrocketed to $44K in 2022. In general, exports showed a dramatic curtailment.
| Export of Ball Bearing in Morocco (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
| Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
| Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
| Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
| France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
| Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| South Korea | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | -9.3 | -8.3 | -10.8 | -10.7 | 4.8% |
| Total | N/A | N/A | N/A | N/A | 0% |
Top Export Markets for Ball Bearing from Morocco in 2022:
- China (534.7K tons)
- Japan (106.6K tons)
- Germany (70.7K tons)
- Italy (61.0K tons)
- South Korea (38.3K tons)
- France (35.5K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
This report provides an in-depth analysis of the ball bearing 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 28151030 - Ball bearings
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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