Morocco - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Industrial Furnace Price in Morocco - 2022
Contents:
- Non-Electric Industrial Furnace Price in Morocco (CIF) - 2022
- Non-Electric Industrial Furnace Price in Morocco (FOB) - 2022
- Non-Electric Industrial Furnace Imports in Morocco
- Non-Electric Industrial Furnace Exports in Morocco
Non-Electric Industrial Furnace Price in Morocco (CIF) - 2022
The average non-electric industrial furnace import price stood at $395 per unit in 2022, shrinking by -42.8% against the previous year. Over the period under review, the import price, however, recorded mild growth. The most prominent rate of growth was recorded in 2021 an increase of 133%. As a result, import price attained the peak level of $690 per unit, and then shrank remarkably in the following year.
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 ($553 per unit), while the price for Turkey ($265 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+50.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Electric Industrial Furnace Price in Morocco (FOB) - 2022
The average non-electric industrial furnace export price stood at $669 per unit in 2022, with an increase of 38% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 134% against the previous year. The export price peaked at $751 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 Mali ($957 per unit), while the average price for exports to France ($55 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 (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Industrial Furnace Imports in Morocco
In 2022, approx. 15K units of non-electric industrial or laboratory furnaces and ovens were imported into Morocco; increasing by 67% compared with 2021. In general, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 160%. As a result, imports reached the peak of 57K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, non-electric industrial furnace imports dropped modestly to $5.8M in 2022. Over the period under review, imports showed mild growth. The most prominent rate of growth was recorded in 2020 when imports increased by 204% against the previous year. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Non-Electric Industrial Furnace in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1.4 | 0.3 | N/A | 2.1 | 14.5% |
| Germany | N/A | 0.8 | 4.7 | 1.7 | 45.8% |
| Turkey | 0.6 | 0.1 | 0.1 | 0.6 | 0.0% |
| Spain | 0.6 | 0.7 | 0.6 | 0.6 | 0.0% |
| China | 0.2 | 13.8 | 0.1 | 0.2 | 0.0% |
| Italy | 0.9 | 0.3 | 0.2 | 0.1 | -51.9% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 1.4 | 0.8 | N/A | N/A | -42.9% |
| Others | 0.6 | 0.2 | 0.3 | 0.3 | -20.6% |
| Total | 5.6 | 17.0 | 6.1 | 5.8 | 1.2% |
Top Suppliers of Non-Electric Industrial Furnace to Morocco in 2022:
- South Korea (6.3K units)
- Germany (3.1K units)
- Turkey (2.4K units)
- Spain (1.2K units)
- China (0.7K units)
- Italy (0.4K units)
- United Kingdom (0.3K units)
Non-Electric Industrial Furnace Exports in Morocco
In 2022, the amount of non-electric industrial or laboratory furnaces and ovens exported from Morocco skyrocketed to 78 units, picking up by 30% compared with the previous year's figure. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 362%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, non-electric industrial furnace exports surged to $52K in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 206% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Non-Electric Industrial Furnace in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guinea | 4.2 | N/A | 0.7 | 46.4 | 122.7% |
| Germany | N/A | N/A | 3.6 | 2.4 | -33.3% |
| Mali | N/A | N/A | N/A | 1.8 | 0% |
| France | N/A | N/A | N/A | 0.4 | 0% |
| Tunisia | 16.7 | N/A | N/A | N/A | 0% |
| Portugal | N/A | N/A | 2.4 | N/A | 0% |
| Mauritania | 5.0 | 9.3 | 20.7 | N/A | 103.5% |
| Others | 0.2 | 0.3 | 1.9 | 1.3 | 86.6% |
| Total | 26.1 | 9.6 | 29.3 | 52.3 | 26.1% |
Top Export Markets for Non-Electric Industrial Furnace from Morocco in 2022:
- Guinea (56.0 units)
- Germany (12.0 units)
- France (8.0 units)
- Mali (2.0 units)
This report provides an in-depth analysis of the non-electric industrial furnace 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 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)
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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