Price for Winches and Capstans; Powered by an Electric Motor in Morocco - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Morocco (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Morocco (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Morocco
- Exports of Winches and Capstans; Powered by an Electric Motor in Morocco
Price for Winches and Capstans; Powered by an Electric Motor in Morocco (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $1,666 per unit in 2022, growing by 47% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($2,796 per unit), while the price for France ($246 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Morocco (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,342 per unit, jumping by 94% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 2,678%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($2,701 per unit), while the average price for exports to Cote d'Ivoire ($1,351 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 Spain (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winches and Capstans; Powered by an Electric Motor in Morocco
In 2022, approx. 2.5K units of winches and capstans; powered by an electric motors were imported into Morocco; waning by -50.7% against 2021. In general, imports recorded a sharp slump. The smallest decline of -8.5% was in 2020. Imports peaked at 6.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of winches and capstans; powered by an electric motors declined remarkably to $4.1M in 2022. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports reached the peak of $7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,084 | 2,712 | 3,286 | 2,834 | 10.8% |
| China | 885 | 133 | 337 | 338 | -27.4% |
| Germany | 540 | 588 | 93.7 | 284 | -19.3% |
| Turkey | 206 | 41.9 | 84.4 | 274 | 10.0% |
| France | 1,265 | 553 | 322 | 208 | -45.2% |
| United States | 35.0 | 17.1 | 621 | 33.2 | -1.7% |
| Austria | 174 | 144 | 113 | N/A | -19.4% |
| India | 360 | 90.8 | 187 | N/A | -27.9% |
| Netherlands | 0.5 | 2,473 | 63.7 | N/A | 1028.7% |
| Others | 429 | 278 | 534 | 110 | -36.5% |
| Total | 5,979 | 7,031 | 5,642 | 4,081 | -12.0% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Morocco in 2022:
- Italy (1168.0 units)
- France (846.0 units)
- Germany (127.0 units)
- China (121.0 units)
- Turkey (119.0 units)
- United States (21.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Morocco
In 2022, approx. 20 units of winches and capstans; powered by an electric motors were exported from Morocco; with an increase of 122% on the year before. In general, exports, however, continue to indicate a perceptible contraction. Over the period under review, the exports of reached the peak figure at 23 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $47K in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Winches and Capstans; Powered by an Electric Motor in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 7.1 | 0.1 | 4.5 | 32.4 | 65.9% |
| Denmark | N/A | N/A | N/A | 8.4 | 0% |
| France | 3.6 | 0.1 | 2.2 | 3.3 | -2.9% |
| Cote d'Ivoire | N/A | N/A | N/A | 2.7 | 0% |
| Spain | 2.4 | 0.2 | 3.0 | N/A | 11.8% |
| Italy | 9.0 | 0.4 | 0.8 | N/A | -70.2% |
| Congo | 0.5 | N/A | 0.4 | N/A | -10.6% |
| Togo | 5.1 | N/A | N/A | N/A | 0% |
| Angola | 2.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 2.9 | N/A | N/A | 0% |
| Total | 30.1 | 3.7 | 10.9 | 46.8 | 15.8% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Morocco in 2022:
- Mauritania (12.0 units)
- Denmark (4.0 units)
- France (2.0 units)
- Cote d'Ivoire (2.0 units)
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