Morocco - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Morocco - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Lift, Elevator, Stairway and Dragline in Morocco - 2022

Contents:

  1. Price for Lift, Elevator, Stairway and Dragline in Morocco (CIF) - 2022
  2. Price for Lift, Elevator, Stairway and Dragline in Morocco (FOB) - 2022
  3. Imports of Lift, Elevator, Stairway and Dragline in Morocco
  4. Exports of Lift, Elevator, Stairway and Dragline in Morocco

Price for Lift, Elevator, Stairway and Dragline in Morocco (CIF) - 2022

In December 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $17,024 per unit, dropping by -4.2% against the previous month. In general, import price indicated a temperate increase from December 2021 to December 2022: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, lift, elevator, stairway and dragline import price increased by +13.0% against October 2022 indices. The most prominent rate of growth was recorded in February 2022 an increase of 94% m-o-m. As a result, import price attained the peak level of $30,646 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 China ($25,872 per unit), while the price for France ($1,799 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 (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lift, Elevator, Stairway and Dragline in Morocco (FOB) - 2022

The average export price for lifts, elevators, moving stairways and draglines stood at $16,656 per unit in 2022, waning by -38.6% against the previous year. Over the period under review, the export price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 325%. The export price peaked at $27,147 per unit in 2021, and then contracted rapidly in the following year.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Senegal ($19,054 per unit) and Mauritania ($17,264 per unit), while the average price for exports to Burkina Faso ($13,096 per unit) and Cote d'Ivoire ($15,912 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lift, Elevator, Stairway and Dragline in Morocco

In 2022, approx. 3K units of lifts, elevators, moving stairways and draglines were imported into Morocco; rising by 53% on 2021. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lift, elevator, stairway and dragline imports soared to $60M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lift, Elevator, Stairway and Dragline in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain32.028.428.440.48.1%
China4.64.85.65.88.0%
AustriaN/A0.4N/A5.1257.1%
Turkey2.21.82.72.54.4%
Italy1.00.80.62.332.0%
France0.50.20.32.058.7%
Others1.71.22.72.310.6%
Total42.037.540.360.412.9%

Top Suppliers of Lift, Elevator, Stairway and Dragline to Morocco in 2022:

  1. Spain (2108.0 units)
  2. China (253.0 units)
  3. Austria (196.0 units)
  4. Turkey (124.0 units)
  5. Italy (114.0 units)
  6. France (94.0 units)

Exports of Lift, Elevator, Stairway and Dragline in Morocco

In 2022, exports of lifts, elevators, moving stairways and draglines from Morocco surged to 26 units, with an increase of 550% against the year before. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lift, elevator, stairway and dragline exports surged to $433K in 2022. Over the period under review, 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.

Export of Lift, Elevator, Stairway and Dragline in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania12.570.510.2311191.9%
Burkina FasoN/AN/A58.152.4-9.8%
SenegalN/AN/AN/A38.10%
Cote d'Ivoire37.214.1N/A31.8-5.1%
SpainN/A6.240.3N/A550.0%
Guinea17.8N/AN/AN/A0%
Italy3.7N/AN/AN/A0%
CanadaN/A5.3N/AN/A0%
OthersN/A2.8N/AN/A0%
Total71.198.910943382.6%

Top Export Markets for Lift, Elevator, Stairway and Dragline from Morocco in 2022:

  1. Mauritania (18.0 units)
  2. Burkina Faso (4.0 units)
  3. Senegal (2.0 units)
  4. Cote d'Ivoire (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
  • Prodcom 28221670 - Escalators and moving walkways
  • Prodcom 28221740 - Pneumatic elevators and conveyors
  • Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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