Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $122 per unit, reducing by -2.9% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 31% against the previous year. The import price peaked at $257 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($127 per unit) and Spain ($127 per unit), while the price for the United States ($97 per unit) and China ($97 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.9%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $127 per unit, waning by -32.5% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 281% against the previous year. The export price peaked at $277 per unit in 2015; however, from 2016 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 Germany ($192 per unit), while the average price for exports to the United States ($8 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 France (+56.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco
In 2022, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) into Morocco totaled 10K units, increasing by 2.2% compared with 2021. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 4.1%. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank modestly to $1.2M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports attained the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 192 | 130 | 163 | 157 | -6.5% |
| Germany | 52.5 | 105 | 29.4 | 157 | 44.1% |
| France | 115 | 100 | 95.7 | 117 | 0.6% |
| China | 69.3 | 295 | 172 | 116 | 18.7% |
| Spain | 71.5 | 136 | 192 | 111 | 15.8% |
| Luxembourg | 84.4 | 50.5 | 41.6 | 99.5 | 5.6% |
| Portugal | 80.0 | 24.5 | 94.4 | 82.5 | 1.0% |
| United States | 48.9 | 95.6 | 61.9 | 82.5 | 19.0% |
| Italy | 50.1 | 95.6 | 28.0 | 80.9 | 17.3% |
| Hungary | 88.5 | 72.1 | 22.1 | 33.3 | -27.8% |
| Sweden | 15.2 | 126 | 88.3 | 1.3 | -55.9% |
| Cyprus | 5.1 | N/A | N/A | N/A | 0% |
| Others | 178 | 207 | 269 | 211 | 5.8% |
| Total | 1,051 | 1,438 | 1,258 | 1,248 | 5.9% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Morocco in 2022:
- Germany (1236.0 units)
- Taiwan (Chinese) (1233.0 units)
- China (1196.0 units)
- France (920.0 units)
- Spain (871.0 units)
- United States (854.0 units)
- Luxembourg (784.0 units)
- Portugal (650.0 units)
- Italy (638.0 units)
- Hungary (263.0 units)
- Sweden (11.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco
In 2022, approx. 161 units of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) were exported from Morocco; jumping by 156% on the previous year. Over the period under review, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 232% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) soared to $20K in 2022. Overall, exports, however, continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 when exports increased by 486% against the previous year. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs at $23K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | N/A | N/A | 0.1 | 7.5 | 7400.0% |
| Senegal | N/A | N/A | 0.3 | 5.1 | 1600.0% |
| Austria | N/A | N/A | N/A | 2.2 | 0% |
| France | 0.8 | N/A | 0.2 | 1.4 | 20.5% |
| Tunisia | 0.2 | N/A | 0.2 | 1.1 | 76.5% |
| Portugal | 0.1 | N/A | 0.1 | 1.0 | 115.4% |
| Cameroon | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
| Cote d'Ivoire | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Spain | 0.2 | N/A | 0.4 | 0.2 | 0.0% |
| Netherlands | 0.3 | 0.1 | 2.4 | 0.1 | -30.7% |
| United States | 20.0 | 1.8 | 7.9 | N/A | -37.2% |
| Others | 0.6 | N/A | 0.1 | 0.7 | 5.3% |
| Total | 22.6 | 2.0 | 11.8 | 20.4 | -3.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Morocco in 2022:
- Mauritania (80.0 units)
- Senegal (27.0 units)
- Austria (12.0 units)
- Portugal (10.0 units)
- France (8.0 units)
- Cameroon (7.0 units)
- Tunisia (6.0 units)
- Cote d'Ivoire (3.0 units)
- Netherlands (1.0 units)
- United States (1.0 units)
- Spain (1.0 units)
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