Morocco - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Morocco - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machine-Tool for Removing Material in Morocco - 2022

Contents:

  1. Price for Machine-Tool for Removing Material in Morocco (CIF) - 2022
  2. Price for Machine-Tool for Removing Material in Morocco (FOB) - 2022
  3. Imports of Machine-Tool for Removing Material in Morocco
  4. Exports of Machine-Tool for Removing Material in Morocco

Price for Machine-Tool for Removing Material in Morocco (CIF) - 2022

The average machine-tool for removing material import price stood at $8,608 per unit in 2022, falling by -9.7% against the previous year. In general, the import price recorded a dramatic decline. The pace of growth was the most pronounced in 2015 an increase of 7.1% against the previous year. The import price peaked at $120,850 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Japan ($31,967 per unit), while the price for China ($4,865 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+26.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machine-Tool for Removing Material in Morocco (FOB) - 2022

The average machine-tool for removing material export price stood at $12,301 per unit in 2022, shrinking by -33.4% against the previous year. Over the period under review, the export price faced a dramatic decrease. The growth pace was the most rapid in 2016 an increase of 1,140%. Over the period under review, the average export prices attained the maximum at $163,418 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($38,222 per unit), while the average price for exports to Spain ($9,752 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 the Czech Republic (+36.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tool for Removing Material in Morocco

In 2022, overseas purchases of machine-tools for working any material by removal of material decreased by -15.2% to 983 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +37.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. Imports peaked at 1.2K units in 2021, and then fell rapidly in the following year.

In value terms, machine-tool for removing material imports dropped remarkably to $8.5M in 2022. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Machine-Tool for Removing Material in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.53.04.93.28.6%
Italy1.91.70.70.9-22.0%
Turkey0.91.40.80.7-8.0%
France1.80.30.70.6-30.7%
Spain0.40.50.80.57.7%
Portugal0.10.10.40.226.0%
United States0.20.10.20.20.0%
Others4.27.42.62.1-20.6%
Total12.014.611.08.5-10.9%

Top Suppliers of Machine-Tool for Removing Material to Morocco in 2022:

  1. China (667.0 units)
  2. Italy (84.0 units)
  3. Turkey (64.0 units)
  4. France (41.0 units)
  5. Spain (22.0 units)
  6. Portugal (20.0 units)
  7. United States (17.0 units)

Exports of Machine-Tool for Removing Material in Morocco

In 2022, machine-tool for removing material exports from Morocco reduced markedly to 3 units, waning by -85% compared with 2021 figures. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. The exports peaked at 28 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports dropped significantly to $41K in 2022. Over the period under review, exports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 272%. Over the period under review, the exports attained the maximum at $500K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Machine-Tool for Removing Material in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1120.193.725.9-38.6%
France47.445.912.09.5-41.5%
Spain7.948.21.25.2-13.0%
Cote d'Ivoire0.9N/A0.1N/A-66.7%
Nigeria13.2N/AN/AN/A0%
Austria177N/A3.8N/A-85.3%
SenegalN/AN/A2.7N/A0%
Portugal82.1N/AN/AN/A0%
MauritaniaN/A5.131.8N/A523.5%
Others59.11.3229N/A96.8%
Total50010037440.6-56.7%

Top Export Markets for Machine-Tool for Removing Material from Morocco in 2022:

  1. Germany (3.0 units)
  2. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
  • Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
  • Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
  • Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes

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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Free Data: Machine-Tools For Working Any Material By Removal Of Material - Morocco