Morocco - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Morocco - 2022
Contents:
- Price for Hydraulic Cylinder and System in Morocco (CIF) - 2022
- Price for Hydraulic Cylinder and System in Morocco (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Morocco
- Exports of Hydraulic Cylinder and System in Morocco
Price for Hydraulic Cylinder and System in Morocco (CIF) - 2022
In December 2022, the average hydraulic cylinder and system import price amounted to $1,298 per unit, surging by 4.4% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 238% against the previous month. As a result, import price attained the peak level of $1,923 per unit; afterwards, it flattened through to December 2022.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($2,782 per unit), while the price for South Korea ($412 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hydraulic Cylinder and System in Morocco (FOB) - 2022
In 2022, the average hydraulic cylinder and system export price amounted to $1,098 per unit, declining by -67.2% against the previous year. Overall, the export price, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 701%. Over the period under review, the average export prices attained the peak figure at $3,344 per unit in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($0.5 per unit), while the average price for exports to Turkey ($0.1 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 Denmark (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Morocco
In 2022, the amount of hydraulic cylinders and systems imported into Morocco surged to 2K units, growing by 16% against the previous year. In general, imports, however, recorded a mild slump. Imports peaked at 2.3K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, hydraulic cylinder and system imports skyrocketed to $2.1M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Hydraulic Cylinder and System in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 460 | 592 | 460 | 744 | 17.4% |
Italy | 249 | 221 | 104 | 326 | 9.4% |
China | 101 | 79.2 | 72.4 | 194 | 24.3% |
Spain | 143 | 182 | 110 | 136 | -1.7% |
France | 77.0 | 78.1 | 57.9 | 76.2 | -0.3% |
South Korea | 21.0 | 21.5 | 62.7 | 72.1 | 50.9% |
United States | 344 | 263 | 45.0 | 47.7 | -48.2% |
Turkey | 27.2 | 57.1 | 89.2 | 41.3 | 14.9% |
Others | 342 | 347 | 661 | 455 | 10.0% |
Total | 1,765 | 1,841 | 1,662 | 2,092 | 5.8% |
Top Suppliers of Hydraulic Cylinder and System to Morocco in 2022:
- Germany (2.5M units)
- China (2.5M units)
- Italy (1.7M units)
- Spain (1.5M units)
- Turkey (1.2M units)
- South Korea (0.7M units)
- France (0.3M units)
- United States (0.2M units)
Exports of Hydraulic Cylinder and System in Morocco
In 2022, the amount of hydraulic cylinders and systems exported from Morocco skyrocketed to 268 units, with an increase of 1,017% compared with the previous year. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydraulic cylinder and system exports soared to $294K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 343%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
Export of Hydraulic Cylinder and System in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 10.4 | N/A | 2.4 | 5.6 | -18.6% |
Belgium | N/A | 0.1 | N/A | 3.1 | 456.8% |
Turkey | N/A | N/A | N/A | 0.9 | 0% |
Cote d'Ivoire | N/A | N/A | N/A | 0.9 | 0% |
Spain | 2.1 | N/A | 5.9 | N/A | 67.6% |
Germany | N/A | N/A | 58.1 | N/A | 0% |
United States | 78.3 | N/A | 12.4 | N/A | -60.2% |
Denmark | 1.8 | 4.8 | N/A | N/A | 166.7% |
Sudan | N/A | 8.7 | 0.5 | N/A | -94.3% |
Others | N/A | 4.6 | 0.9 | 284 | 685.7% |
Total | 92.5 | 18.1 | 80.3 | 294 | 47.0% |
Top Export Markets for Hydraulic Cylinder and System from Morocco in 2022:
- Netherlands (43.6K units)
- Belgium (14.1K units)
- Turkey (11.5K units)
- Cote d'Ivoire (1.7K units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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
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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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