Morocco - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Morocco - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Loading Machinery Price in Morocco - 2022

Contents:

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

Loading Machinery Price in Morocco (CIF) - 2022

In 2022, the average loading machinery import price amounted to $1,999 per unit, with a decrease of -14.5% against the previous year. In general, the import price saw a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $3,481 per unit. From 2020 to 2022, the average import prices remained at a 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 ($8,976 per unit), while the price for the United States ($837 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Loading Machinery Price in Morocco (FOB) - 2022

The average loading machinery export price stood at $2,710 per unit in 2022, falling by -10.2% against the previous year. In general, the export price, however, enjoyed resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 115% against the previous year. The export price peaked at $3,016 per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($3,131 per unit), while the average price for exports to Spain ($834 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 Mali (+755.9%), while the prices for the other major destinations experienced more modest paces of growth.

Loading Machinery Imports in Morocco

In 2022, loading machinery imports into Morocco rose rapidly to 9.5K units, with an increase of 15% against the previous year. Over the period under review, imports, however, faced a dramatic setback. Imports peaked at 22K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, loading machinery imports reduced to $19M in 2022. Overall, imports, however, saw a sharp decline. Imports peaked at $77M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Loading Machinery in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.63.75.24.5-0.7%
Spain2.03.04.14.430.1%
China1.13.22.12.734.9%
Italy8.02.82.02.1-36.0%
Netherlands3.50.40.60.9-36.4%
United States3.91.20.70.7-43.6%
Belgium0.20.10.20.426.0%
South Korea47.20.50.2N/A-93.5%
Others6.76.74.23.3-21.0%
Total77.121.619.318.9-37.4%

Top Suppliers of Loading Machinery to Morocco in 2022:

  1. South Korea (undefinedK units)
  2. Spain (2.8K units)
  3. France (2.7K units)
  4. China (1.0K units)
  5. United States (0.8K units)
  6. Italy (0.6K units)
  7. Netherlands (0.5K units)
  8. Belgium (0.3K units)

Loading Machinery Exports in Morocco

For the third consecutive year, Morocco recorded decline in overseas shipments of lifting, handling, loading or unloading machinery, which decreased by -42.4% to 117 units in 2022. In general, exports recorded a significant decline. The smallest decline of -4.3% was in 2020. Over the period under review, the exports reached the peak figure at 509 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, loading machinery exports shrank dramatically to $317K in 2022. Over the period under review, exports faced a deep setback. The growth pace was the most rapid in 2020 with an increase of 105% against the previous year. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Loading Machinery in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire34.711016623589.2%
Senegal51.418.028340.3-7.8%
MauritaniaN/A0.727.419.7430.5%
BelgiumN/AN/A0.16.05900.0%
Spain15427.150.12.1-76.1%
CameroonN/A317N/A0.3-96.9%
Burkina Faso92.4N/AN/AN/A0%
AustriaN/A385N/AN/A0%
Tunisia75.46.30.3N/A-93.7%
Others10919785.113.7-49.9%
Total5161,061612317-15.0%

Top Export Markets for Loading Machinery from Morocco in 2022:

  1. Cote d'Ivoire (75.0 units)
  2. Senegal (18.0 units)
  3. Mauritania (16.0 units)
  4. Spain (3.0 units)
  5. Belgium (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
  • Prodcom 28221850 - Loading machinery specially designed for agricultural use

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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