Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco - 2022

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $652 per unit, dropping by -38.5% against the previous year. Over the period under review, the import price, however, showed tangible growth. The pace of growth appeared the most rapid in 2013 an increase of 184%. The import price peaked at $3,057 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($762 per unit), while the price for France ($233 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $148 per unit in 2022, with a decrease of -16.6% against the previous year. Over the period under review, export price indicated notable growth from 2019 to 2022: its price increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -36.7% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 69% against the previous year. As a result, the export price reached the peak level of $234 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for Senegal amounted to +396.7% per year.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco

In 2022, approx. 19 units of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW were imported into Morocco; with a decrease of -78.4% compared with the previous year's figure. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 252%. As a result, imports reached the peak of 88 units, and then contracted remarkably in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted rapidly to $12K in 2022. Overall, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 311%. As a result, imports attained the peak of $93K, and then contracted markedly in the following year.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Morocco in 2022:

1. Spain (11.0 units)
2. Turkey (3.0 units)
3. China (3.0 units)
4. United States (1.0 units)
5. France (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Morocco

In 2022, shipments abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -50% to 1 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 633%. As a result, the exports attained the peak of 22 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted notably to $148 in 2022. In general, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 1,139%. As a result, the exports reached the peak of $5.1K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Morocco in 2022:

1. Mauritania (1.0 units)

Source: IndexBox Market Intelligence Platform