Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco - 2022

Contents:

1. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco (CIF) - 2022
2. Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco (FOB) - 2022
3. Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco
4. Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco (CIF) - 2022

In 2022, the average import price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses amounted to $868 per unit, shrinking by -36.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 68% against the previous year. As a result, import price reached the peak level of $2,028 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,628 per unit), while the price for China ($117 per unit) was amongst the lowest.

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

Price for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco (FOB) - 2022

The average export price for harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses stood at $2,089 per unit in 2022, surging by 63% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 188%. The export price peaked at $3,405 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 the Netherlands ($13,352 per unit), while the average price for exports to Mauritania ($1,458 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 Senegal (+55.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco

In 2022, purchases abroad of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses decreased by -32.8% to 1.1K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 40%. Imports peaked at 1.7K units in 2021, and then fell remarkably in the following year.

In value terms, imports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses fell rapidly to $963K in 2022. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of $2.3M, and then reduced dramatically in the following year.

Top Suppliers of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes to Morocco in 2022:

1. China (447.0 units)
2. Spain (366.0 units)
3. Turkey (100.0 units)
4. Italy (63.0 units)
5. Portugal (44.0 units)
6. India (37.0 units)
7. Czech Republic (24.0 units)
8. Germany (2.0 units)

Exports of Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes in Morocco

In 2022, approx. 31 units of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses were exported from Morocco; picking up by 675% against the previous year. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 800%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of harrows; (excluding disc), scarifiers, cultivators, weeders and hoeses skyrocketed to $65K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Harrows; (Excluding Disc), Scarifiers, Cultivators, Weeders and Hoes from Morocco in 2022:

1. Mauritania (23.0 units)
2. Senegal (5.0 units)
3. France (2.0 units)
4. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform