Price for Machinery; Parts of the Machinery of Heading No. 8425 in Morocco - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $10,410 per ton, increasing by 16% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The growth pace was the most rapid in 2020 an increase of 38%. Over the period under review, average import prices hit record highs at $18,679 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($81,196 per ton), while the price for Turkey ($3,636 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $19,943 per ton, picking up by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 642%. The export price peaked at $47,168 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($136,461 per ton), while the average price for exports to India ($2,862 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 (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco
In 2022, approx. 120 tons of machinery; parts of the machinery of heading no. 8425 were imported into Morocco; falling by -31% compared with the previous year. Over the period under review, imports faced a sharp contraction. The smallest decline of -23.8% was in 2020.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped remarkably to $1.3M in 2022. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 4.9%. As a result, imports attained the peak of $1.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 276 | 142 | 131 | 324 | 5.5% |
| Spain | 338 | 611 | 127 | 142 | -25.1% |
| Taiwan (Chinese) | 22.9 | 64.3 | 24.4 | 137 | 81.5% |
| Italy | 723 | 531 | 485 | 134 | -43.0% |
| China | 51.8 | 62.3 | 70.2 | 131 | 36.2% |
| Netherlands | 45.5 | 35.3 | 57.4 | 22.4 | -21.0% |
| Turkey | 5.0 | 12.0 | 51.3 | 8.3 | 18.4% |
| India | 21.6 | 32.2 | 1.7 | 2.4 | -51.9% |
| Others | 297 | 379 | 612 | 353 | 5.9% |
| Total | 1,782 | 1,869 | 1,559 | 1,253 | -11.1% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Morocco in 2022:
- France (50.6 tons)
- Italy (20.5 tons)
- China (16.9 tons)
- Taiwan (Chinese) (11.7 tons)
- Spain (7.5 tons)
- Netherlands (3.5 tons)
- Turkey (2.3 tons)
- India (0.5 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco
After two years of decline, overseas shipments of machinery; parts of the machinery of heading no. 8425 increased by 90% to 1.2 tons in 2022. In general, exports, however, faced a sharp decline.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 soared to $23K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 1.8 | N/A | N/A | 17.5 | 113.4% |
| France | 0.1 | 0.1 | 2.4 | 2.0 | 171.4% |
| India | N/A | N/A | N/A | 1.8 | 0% |
| Senegal | 5.0 | 0.1 | 0.1 | 1.5 | -33.1% |
| Guinea | 18.7 | N/A | N/A | 0.3 | -74.8% |
| Niger | N/A | 5.8 | N/A | N/A | 0% |
| Djibouti | N/A | 1.2 | N/A | N/A | 0% |
| Italy | 8.1 | N/A | N/A | N/A | 0% |
| Mauritania | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 33.6 | 6.0 | 0.2 | -20.6% |
| Total | 35.4 | 40.8 | 8.5 | 23.2 | -13.1% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Morocco in 2022:
- India (632.0 kg)
- France (328.0 kg)
- Sudan (128.0 kg)
- Senegal (37.0 kg)
- Guinea (31.0 kg)
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