Price for Book-Binding Machinery; Including Book-Sewing Machines in Morocco - 2022

Contents:

1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Morocco (CIF) - 2022
2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Morocco (FOB) - 2022
3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Morocco
4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Morocco

Price for Book-Binding Machinery; Including Book-Sewing Machines in Morocco (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $222 per unit in 2022, rising by 7.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 95% against the previous year. As a result, import price reached the peak level of $285 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($633 per unit), while the price for France ($65 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Morocco (FOB) - 2022

In 2022, the average export price for book-binding machinery; including book-sewing machineses amounted to $158 per unit, standing approx. at the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2014 an increase of 231% against the previous year. Over the period under review, the average export prices reached the maximum at $391 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($1,142 per unit), while the average price for exports to Mauritania amounted to $72 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (-6.3%), while the prices for the other major destinations experienced a decline.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Morocco

In 2022, book-binding machinery; including book-sewing machines imports into Morocco skyrocketed to 14K units, rising by 48% against 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines imports skyrocketed to $3M in 2022. In general, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Morocco in 2022:

1. India (6.4K units)
2. China (2.8K units)
3. Germany (1.8K units)
4. Italy (1.0K units)
5. France (0.4K units)
6. Turkey (0.2K units)
7. Japan (0.2K units)
8. Switzerland (0.2K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Morocco

In 2022, overseas shipments of book-binding machinery; including book-sewing machineses decreased by 0% to 10 units, falling for the second year in a row after two years of growth. Overall, exports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 377% against the previous year. As a result, the exports attained the peak of 463 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, book-binding machinery; including book-sewing machines exports totaled $1.6K in 2022. Over the period under review, exports saw a dramatic decline. The smallest decline of -6.3% was in 2020. The exports peaked at $12K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Morocco in 2022:

1. Mauritania (9.0 units)
2. Democratic Republic of the Congo (1.0 units)

Source: IndexBox Market Intelligence Platform