Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco - 2023

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $0.6 per unit, picking up by 95% against the previous year. Overall, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 181%. The import price peaked at $0.8 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($0.9 per unit), while the price for China ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+64.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (FOB) - 2022

The average export price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.8 per unit in 2022, increasing by 328% against the previous year. Overall, the export price saw a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 1,939% against the previous year. The export price peaked at $3.2 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -7.1% per year.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco

In 2022, supplies from abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -76.6% to 16K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 when imports increased by 281%. As a result, imports attained the peak of 523K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones shrank notably to $8.9K in 2022. In general, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2020 when imports increased by 57%. As a result, imports attained the peak of $56K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.5N/A0.27.026.0%
Portugal0.2N/A0.10.644.2%
China0.619.313.70.5-5.9%
Turkey0.40.51.80.40.0%
Italy24.7N/A2.80.2-79.9%
Spain2.533.3N/AN/A1232.0%
United Arab Emirates3.2N/A0.1N/A-82.3%
Others0.32.40.70.1-30.7%
Total35.555.519.58.9-36.9%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Morocco in 2022:

  1. Germany (11.6K units)
  2. China (1.9K units)
  3. Turkey (0.7K units)
  4. Portugal (0.7K units)
  5. Italy (0.5K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco

In 2022, after two years of decline, there was significant decline in overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones, when their volume decreased by -96.9% to 221 units. Over the period under review, exports continue to indicate a precipitous setback. The exports peaked at 152K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones contracted notably to $167 in 2022. In general, exports recorded a dramatic setback. The exports peaked at $20K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/AN/AN/A0.20%
Tanzania19.5N/AN/AN/A0%
United Arab EmiratesN/AN/A0.4N/A0%
Others0.5N/A0.9N/A34.2%
Total20.0N/A1.30.2-78.5%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Morocco in 2022:

  1. Portugal (221.0 units)

Source: IndexBox Market Intelligence Platform

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