Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $30,763 per unit, with an increase of 11% against the previous year. In general, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 409%. The import price peaked at $48,002 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($62,167 per unit), while the price for China ($441 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (FOB) - 2022
The average export price for electric motors and generators stood at $7,247 per unit in 2022, waning by -56.3% against the previous year. Over the period under review, the export price, however, showed a strong increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 448% against the previous year. Over the period under review, the average export prices attained the maximum at $42,246 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to -4.3% per year.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco
In 2022, purchases abroad of electric motors and generators decreased by -62.7% to 19 units, falling for the second consecutive year after two years of growth. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 290%. As a result, imports reached the peak of 117 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electric motors and generators dropped significantly to $584K in 2022. Overall, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. As a result, imports reached the peak of $1.4M, and then reduced remarkably in the following year.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 693 | 94.9 | 750 | 307 | -23.8% |
| United States | 114 | 200 | 401 | 187 | 17.9% |
| Italy | 2.1 | 269 | 40.7 | 41.9 | 171.2% |
| India | N/A | N/A | 108 | 41.0 | -62.0% |
| Spain | 9.2 | N/A | 18.8 | 7.0 | -8.7% |
| Turkey | N/A | 9.2 | 60.7 | 0.7 | -72.4% |
| China | 45.7 | 0.3 | N/A | 0.4 | -79.4% |
| Germany | N/A | 54.9 | 27.4 | N/A | -50.1% |
| United Kingdom | N/A | 9.7 | N/A | N/A | 0% |
| Others | N/A | 0.9 | 10.5 | N/A | 1066.7% |
| Total | 864 | 639 | 1,418 | 584 | -12.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Morocco in 2022:
- France (8.0 units)
- Italy (3.0 units)
- United States (3.0 units)
- India (2.0 units)
- Turkey (1.0 units)
- China (1.0 units)
- Spain (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco
In 2022, shipments abroad of electric motors and generators decreased by -83.3% to 1 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports attained the peak of 6 units, and then shrank significantly in the following year.
In value terms, exports of electric motors and generators reduced notably to $7.2K in 2022. Overall, exports saw a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 221%. Over the period under review, the exports of hit record highs at $100K in 2021, and then declined rapidly in the following year.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 53.3 | 92.0 | 7.2 | -63.2% |
| Spain | 25.2 | N/A | N/A | N/A | 0% |
| Zimbabwe | N/A | 2.9 | N/A | N/A | 0% |
| Tunisia | N/A | 24.9 | N/A | N/A | 0% |
| Mauritania | N/A | N/A | 7.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 25.2 | 81.1 | 99.6 | 7.2 | -34.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Morocco in 2022:
- Italy (1.0 units)
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