Hand Saws Price in Morocco - 2022

Contents:

  1. Hand Saws Price in Morocco (CIF) - 2022
  2. Hand Saws Price in Morocco (FOB) - 2022
  3. Hand Saws Imports in Morocco
  4. Hand Saws Exports in Morocco

Hand Saws Price in Morocco (CIF) - 2022

The average hand saws import price stood at $5,661 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, saw a slight reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 10%. As a result, import price attained the peak level of $7,307 per ton. From 2014 to 2022, the average import prices remained 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 Spain ($18,745 per ton), while the price for India ($2,339 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Hand Saws Price in Morocco (FOB) - 2022

In 2022, the average hand saws export price amounted to $18,508 per ton, reducing by -20.4% against the previous year. Overall, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2018 an increase of 182%. The export price peaked at $25,178 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($46,387 per ton), while the average price for exports to Germany ($2,968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+83.6%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Imports in Morocco

In 2022, approx. 1K tons of hand sawses were imported into Morocco; approximately equating 2021. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, hand saws imports reached $5.7M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Hand Saws in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5701,5792,0952,0829.9%
Italy8731,1611,2461,34515.5%
Spain46759867969914.4%
France24931540435512.5%
Portugal203194124121-15.8%
India2.519.065.190.0230.2%
Others8848991,0581,0425.6%
Total4,2494,7655,6715,73310.5%

Top Suppliers of Hand Saws to Morocco in 2022:

  1. China (736.6 tons)
  2. Italy (102.7 tons)
  3. France (39.1 tons)
  4. India (38.5 tons)
  5. Spain (37.3 tons)
  6. Portugal (10.2 tons)

Hand Saws Exports in Morocco

In 2022, shipments abroad of hand sawses increased by 94% to 2.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp contraction.

In value terms, hand saws exports soared to $54K in 2022. Overall, exports, however, showed a dramatic contraction.

Export of Hand Saws in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy94.116423.025.9-35.0%
Mauritania2.33.03.212.575.8%
Cote d'Ivoire4.51.11.34.50.0%
Germany1.90.1N/A2.813.8%
Burkina Faso0.10.9N/A1.3135.1%
BeninN/A0.50.11.361.2%
Guinea5.90.70.30.1-74.3%
Spain41.50.30.70.1-86.6%
Nigeria6.8N/AN/AN/A0%
Luxembourg9.4N/AN/AN/A0%
Madagascar3.40.2N/AN/A-94.1%
Others12.16.76.55.6-22.6%
Total18217835.154.0-33.3%

Top Export Markets for Hand Saws from Morocco in 2022:

  1. Mauritania (979.0 kg)
  2. Germany (931.0 kg)
  3. Italy (558.0 kg)
  4. Cote d'Ivoire (150.0 kg)
  5. Burkina Faso (144.0 kg)
  6. Benin (45.0 kg)
  7. Spain (10.0 kg)
  8. Guinea (4.0 kg)
  9. Nigeria (4.0 kg)

Source: IndexBox Market Intelligence Platform

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