Price for Non-Tanker Trailer and Semi-Trailers in Morocco - 2023

Contents:

  1. Price for Non-Tanker Trailer and Semi-Trailers in Morocco (CIF) - 2022
  2. Price for Non-Tanker Trailer and Semi-Trailers in Morocco (FOB) - 2022
  3. Imports of Non-Tanker Trailer and Semi-Trailers in Morocco
  4. Exports of Non-Tanker Trailer and Semi-Trailers in Morocco

Price for Non-Tanker Trailer and Semi-Trailers in Morocco (CIF) - 2022

The average non-tanker trailer and semi-trailers import price stood at $30,353 per unit in 2022, approximately equating the previous year. Overall, the import price, however, posted a measured expansion. The pace of growth was the most pronounced in 2016 an increase of 975% against the previous year. Over the period under review, average import prices attained the peak figure at $32,303 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($68,460 per unit), while the price for the Netherlands ($18,477 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Tanker Trailer and Semi-Trailers in Morocco (FOB) - 2022

In 2022, the average non-tanker trailer and semi-trailers export price amounted to $24,716 per unit, which is down by -62.5% against the previous year. Overall, the export price, however, showed perceptible growth. The most prominent rate of growth was recorded in 2020 an increase of 89% against the previous year. Over the period under review, the average export prices hit record highs at $65,833 per unit in 2021, and then dropped notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guinea ($52,730 per unit), while the average price for exports to France ($3,937 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 Guinea (+21.9%), while the prices for the other major destinations experienced a decline.

Imports of Non-Tanker Trailer and Semi-Trailers in Morocco

In 2022, after three years of growth, there was significant decline in overseas purchases of non-tanker trailers and semi-trailers, when their volume decreased by -15.7% to 1.1K units. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of 1.3K units, and then contracted rapidly in the following year.

In value terms, non-tanker trailer and semi-trailers imports declined significantly to $34M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $40M, and then shrank remarkably in the following year.

Import of Non-Tanker Trailer and Semi-Trailers in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.511.913.111.721.6%
Spain5.27.69.69.823.5%
France4.64.65.93.9-5.4%
Turkey3.64.15.73.60.0%
PolandN/A0.23.33.2300.0%
Netherlands0.50.41.10.711.9%
Italy9.60.10.40.5-62.7%
Others1.51.11.30.3-41.5%
Total31.530.140.433.82.4%

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Morocco in 2022:

  1. Germany (327.0 units)
  2. Spain (268.0 units)
  3. France (169.0 units)
  4. Turkey (137.0 units)
  5. Poland (97.0 units)
  6. Netherlands (36.0 units)
  7. Italy (22.0 units)

Exports of Non-Tanker Trailer and Semi-Trailers in Morocco

In 2022, overseas shipments of non-tanker trailers and semi-trailers increased by 125% to 9 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic shrinkage. The exports peaked at 29 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-tanker trailer and semi-trailers exports shrank rapidly to $222K in 2022. Over the period under review, exports, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports reached the peak of $965K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Non-Tanker Trailer and Semi-Trailers in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuineaN/AN/AN/A1580%
Cote d'Ivoire39.5N/AN/A31.0-7.8%
Mauritania68.9327N/A15.8-38.8%
Senegal31.6N/AN/A13.5-24.7%
France170N/AN/A3.9-71.6%
NigerN/A540N/AN/A0%
Belgium56.415.5223N/A98.8%
Burkina Faso396N/AN/AN/A0%
Mali44.9N/AN/AN/A0%
Others13.982.540.3N/A70.3%
Total821965263222-35.3%

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Morocco in 2022:

  1. Guinea (3.0 units)
  2. Senegal (2.0 units)
  3. Cote d'Ivoire (2.0 units)
  4. Mauritania (1.0 units)
  5. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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