Price for Steam and Other Vapour Turbines, for Marine Propulsion in Morocco - 2023

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Morocco (CIF) - 2022
  2. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Morocco

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Morocco (CIF) - 2022

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $500 per unit, reducing by -26.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 123% against the previous year. Over the period under review, average import prices hit record highs at $946 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +78.3% per year.

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Morocco

Imports of steam and other vapour turbines, for marine propulsia into Morocco shrank rapidly to 1 units in 2022, declining by -99.5% against 2021. Overall, imports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 6,933% against the previous year. As a result, imports reached the peak of 211 units, and then shrank markedly in the following year.

In value terms, imports of steam and other vapour turbines, for marine propulsia reduced dramatically to $500 in 2022. Over the period under review, imports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 6,802% against the previous year. As a result, imports reached the peak of $143K, and then contracted markedly in the following year.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.50.71.30.50.0%
ChinaN/AN/A0.3N/A0%
France0.20.3139N/A2536.3%
Others1.61.13.1N/A39.2%
Total2.32.11430.5-39.9%

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to Morocco in 2022:

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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