Price for Vehicles; Mobile Drilling Derricks in Morocco - 2023

Contents:

  1. Price for Vehicles; Mobile Drilling Derricks in Morocco (CIF) - 2022
  2. Imports of Vehicles; Mobile Drilling Derricks in Morocco

Price for Vehicles; Mobile Drilling Derricks in Morocco (CIF) - 2022

In 2022, the average vehicles; mobile drilling derricks import price amounted to $94,777 per unit, flattening at the previous year. In general, the import price enjoyed temperate growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 2,601%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($124,598 per unit), while the price for Italy amounted to $64,956 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.4%), while the prices for the other major suppliers experienced a decline.

Imports of Vehicles; Mobile Drilling Derricks in Morocco

In 2022, purchases abroad of vehicles; mobile drilling derrickses decreased by 0% to 2 units, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports attained the peak of 7 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vehicles; mobile drilling derricks imports stood at $190K in 2022. Over the period under review, imports saw a noticeable curtailment. The smallest decline of -59.8% was in 2020. Imports peaked at $206K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Vehicles; Mobile Drilling Derricks in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1250%
Italy5.12.8N/A65.0133.6%
Spain25.46.2N/AN/A-75.6%
BelgiumN/A14.2N/AN/A0%
Germany72.729.1N/AN/A-60.0%
United States27.68.1N/AN/A-70.7%
NetherlandsN/A1.0N/AN/A0%
Turkey75.221.5N/AN/A-71.4%
OthersN/AN/AN/AN/A0%
Total20682.9N/A190-2.7%

Top Suppliers of Vehicles; Mobile Drilling Derricks to Morocco in 2022:

  1. India (1.0 units)
  2. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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