Morocco - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco - 2023
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (CIF) - 2023
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (FOB) - 2022
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (CIF) - 2023
In June 2023, the average import price for toothed wheels, chain sprockets and other transmission elements amounted to $25,351 per ton, rising by 26% against the previous month. Over the period under review, import price indicated a remarkable increase from June 2022 to June 2023: its price increased at an average monthly rate of +6.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for toothed wheels, chain sprockets and other transmission elements decreased by -3.5% against April 2023 indices. The growth pace was the most rapid in September 2022 an increase of 103% month-to-month. As a result, import price reached the peak level of $30,829 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($112K per ton), while the price for China ($6,785 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (FOB) - 2022
The average export price for toothed wheels, chain sprockets and other transmission elements stood at $30,597 per ton in 2022, increasing by 39% against the previous year. In general, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 when the average export price increased by 132%. The export price peaked at $39,614 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Burkina Faso ($67,307 per ton), while the average price for exports to Spain ($6,114 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco
In 2022, after two years of decline, there was significant growth in purchases abroad of toothed wheels, chain sprockets and other transmission elements, when their volume increased by 43% to 588 tons. Over the period under review, imports, however, recorded a slight contraction.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements soared to $11M in 2022. Overall, imports, however, recorded a abrupt slump.
| Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 1.9 | 1.9 | 2.8 | 1.2% |
| France | 4.2 | 4.1 | 1.0 | 1.8 | -24.6% |
| China | 0.9 | 0.9 | 1.4 | 1.8 | 26.0% |
| Italy | 1.5 | 1.3 | 0.9 | 1.3 | -4.7% |
| United States | 1.2 | 1.3 | 0.6 | 0.8 | -12.6% |
| Spain | 0.8 | 1.9 | 1.1 | 0.7 | -4.4% |
| Turkey | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| India | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 1.7 | 1.8 | 2.0 | 1.7 | 0.0% |
| Total | 13.4 | 13.4 | 9.2 | 11.3 | -5.5% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to Morocco in 2022:
- China (247.1 tons)
- Germany (82.8 tons)
- France (64.2 tons)
- Italy (57.7 tons)
- Spain (29.4 tons)
- India (27.3 tons)
- Turkey (18.4 tons)
- United States (13.6 tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco
In 2022, the amount of toothed wheels, chain sprockets and other transmission elements exported from Morocco dropped sharply to 2.6 tons, reducing by -70.5% on 2021 figures. Overall, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 127%.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements declined rapidly to $81K in 2022. Over the period under review, exports faced a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 124% against the previous year. As a result, the exports attained the peak of $197K, and then contracted remarkably in the following year.
| Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.9 | 1.3 | 108 | 22.9 | 67.2% |
| Cote d'Ivoire | 0.5 | 0.1 | 15.4 | 16.4 | 220.1% |
| Senegal | 42.5 | 20.3 | 3.9 | 10.6 | -37.1% |
| Burkina Faso | 1.5 | 2.5 | N/A | 7.7 | 72.5% |
| France | 26.8 | 5.5 | 19.7 | 6.4 | -38.0% |
| Sudan | 2.1 | N/A | 18.6 | 2.1 | 0.0% |
| Spain | 0.3 | 5.3 | N/A | 1.7 | 78.3% |
| United Kingdom | 5.5 | 0.1 | N/A | N/A | -98.2% |
| Guinea | 7.9 | 0.5 | 16.6 | N/A | 45.0% |
| Algeria | 2.3 | N/A | N/A | N/A | 0% |
| Others | 56.5 | 52.5 | 14.6 | 13.1 | -38.6% |
| Total | 151 | 88.0 | 197 | 80.8 | -18.8% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from Morocco in 2022:
- Belgium (811.0 kg)
- France (542.0 kg)
- Spain (271.0 kg)
- Cote d'Ivoire (244.0 kg)
- Sudan (241.0 kg)
- Senegal (214.0 kg)
- Burkina Faso (114.0 kg)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements 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 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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