Morocco - Drive-Axles with Differential and Non-Driving Axles - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Driving and Non-Driving Axle in Morocco - 2022
Contents:
- Price for Driving and Non-Driving Axle in Morocco (CIF) - 2022
- Price for Driving and Non-Driving Axle in Morocco (FOB) - 2022
- Imports of Driving and Non-Driving Axle in Morocco
- Exports of Driving and Non-Driving Axle in Morocco
Price for Driving and Non-Driving Axle in Morocco (CIF) - 2022
The average driving and non-driving axle import price stood at $9,546 per ton in December 2022, with an increase of 5.6% against the previous month. Overall, the import price recorded a mild expansion. The pace of growth was the most pronounced in February 2022 when the average import price increased by 13% m-o-m. Over the period under review, average import prices reached the maximum in December 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($9,907 per ton), while the price for Japan ($2,484 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Driving and Non-Driving Axle in Morocco (FOB) - 2022
The average driving and non-driving axle export price stood at $917 per ton in 2022, which is down by -61.9% against the previous year. Overall, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2019 an increase of 242% against the previous year. As a result, the export price attained the peak level of $2,676 per ton. From 2020 to 2022, the average 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 France ($3,740 per ton), while the average price for exports to Egypt ($97 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 Sudan (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Driving and Non-Driving Axle in Morocco
In 2022, approx. 9.9K tons of drive-axles with differential and non-driving axles were imported into Morocco; reducing by -27.2% against the year before. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 394% against the previous year. As a result, imports attained the peak of 14K tons, and then fell markedly in the following year.
In value terms, driving and non-driving axle imports reduced to $52M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 562% against the previous year. As a result, imports reached the peak of $53M, and then contracted slightly in the following year.
| Import of Driving and Non-Driving Axle in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.0 | 1.5 | 26.7 | 25.8 | 134.5% |
| France | 1.2 | 1.5 | 20.9 | 20.2 | 156.3% |
| Romania | N/A | 1.1 | 0.6 | 2.8 | 59.5% |
| Italy | 0.9 | 0.6 | 0.7 | 0.4 | -23.7% |
| Japan | 0.4 | 0.4 | 0.4 | 0.3 | -9.1% |
| Taiwan (Chinese) | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Others | 2.1 | 2.7 | 3.5 | 2.2 | 1.6% |
| Total | 7.0 | 8.0 | 53.0 | 51.9 | 95.0% |
Top Suppliers of Driving and Non-Driving Axle to Morocco in 2022:
- Spain (6.6K tons)
- France (2.4K tons)
- Romania (0.3K tons)
- Italy (0.1K tons)
- Taiwan (Chinese) (0.1K tons)
- Japan (0.1K tons)
Exports of Driving and Non-Driving Axle in Morocco
In 2022, shipments abroad of drive-axles with differential and non-driving axles decreased by -2.2% to 433 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 339% against the previous year. As a result, the exports reached the peak of 26K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, driving and non-driving axle exports contracted notably to $397K in 2022. Over the period under review, exports faced a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 202% against the previous year. As a result, the exports reached the peak of $48M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Driving and Non-Driving Axle in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| France | N/A | N/A | 0.8 | 0.1 | -87.5% |
| Spain | 15.4 | 47.0 | N/A | N/A | 205.2% |
| Sudan | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | N/A | N/A | 0% |
| Bolivia | N/A | N/A | N/A | N/A | 0% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.5 | N/A | N/A | 150.0% |
| Total | 15.8 | 47.7 | 1.1 | 0.4 | -70.6% |
Top Export Markets for Driving and Non-Driving Axle from Morocco in 2022:
- Nigeria (298.3 tons)
- United Arab Emirates (26.3 tons)
- Egypt (26.0 tons)
- France (26.0 tons)
- Bolivia (18.4 tons)
- Ghana (17.2 tons)
- Sudan (11.1 tons)
- Spain (0.5 tons)
This report provides an in-depth analysis of the market for driving and non-driving axle 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 29323036 - Drive-axles with differential, non-driving axles and their parts
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
234
This report provides an in-depth analysis of the market for driving and non-driving axle in Morocco.
132
This report provides an in-depth analysis of the inflator system airbag market in Morocco.
188
This report provides an in-depth analysis of the brakes and servo-brakes market in Morocco.
196
This report provides an in-depth analysis of the bumper market in Morocco.
145
This report provides an in-depth analysis of the clutch market in Morocco.
217
This report provides an in-depth analysis of the gear box market in Morocco.
186
This report provides an in-depth analysis of the motor vehicle radiator market in Morocco.
240
This report provides an in-depth analysis of the road wheel market in Morocco.
152
This report provides an in-depth analysis of the safety seat belt market in Morocco.
191
This report provides an in-depth analysis of the silencer market in Morocco.
1026
In value terms, millstones, grindstones and grinding wheels imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
1086
In value terms, millstones, grindstones and grinding wheels exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend...
1702
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
3428
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
1146
In 2015, global automotive accessory market grew to X billion USD, which was slightly higher than the year before. From 2007 to 2015, average annual growth rate of consumption stood at +X% per year.
1776
China (X million USD) was calculated to be the leading consuming motor vehicle accessory market in 2015, accounting for approximately X% of global consumption. It was distantly followed by the U.S. with a X% share i
1632
Global motor vehicle accessory market production was estimated at X billion USD in 2015, which was X% more than in 2014. There was an annual increase of +X% for the period from 2007 to 2015.
272
Explore the world's top import markets for clutches, including the United States, Germany, Mexico, China, and more. Get insights into the key statistics and import values of these countries, and understand the driving factors behind their demand for clutches.
130
Discover the top import markets for gear boxes around the world, including the United States, China, Germany, and more. Explore key statistics and import values for these countries. Find out how the IndexBox market intelligence platform can provide comprehensive insights for global trade.
137
Discover the top import markets for motor vehicle radiators and gain insights into the global trade dynamics. Explore the import values and statistics of countries like the United States, Germany, Mexico, and more. Learn about the demand for motor vehicle radiators in the thriving automotive industry.
