Morocco - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Morocco - 2022
Contents:
- Test Bench Price in Morocco (CIF) - 2022
- Test Bench Price in Morocco (FOB) - 2022
- Test Bench Imports in Morocco
- Test Bench Exports in Morocco
Test Bench Price in Morocco (CIF) - 2022
The average test bench import price stood at $7,017 per unit in 2022, growing by 16% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, test bench import price increased by +86.4% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 43%. As a result, import price reached the peak level of $7,097 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,042 per unit), while the price for China ($2,831 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Morocco (FOB) - 2022
In 2022, the average test bench export price amounted to $3,233 per unit, reducing by -50% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 436% against the previous year. Over the period under review, the average export prices reached the maximum at $24,489 per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 France ($8,743 per unit), while the average price for exports to Gabon ($315 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 (+2.5%), while the prices for the other major destinations experienced a decline.
Test Bench Imports in Morocco
For the third consecutive year, Morocco recorded decline in purchases abroad of test benches, which decreased by -26.9% to 1.1K units in 2022. Overall, imports recorded a abrupt shrinkage. The smallest decline of -3.4% was in 2021. Imports peaked at 1.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, test bench imports contracted to $7.8M in 2022. In general, imports saw a pronounced downturn. 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 $10M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Test Bench in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,440 | 1,600 | 1,329 | 1,773 | 7.2% |
| Portugal | 1,184 | 1,227 | 738 | 1,297 | 3.1% |
| France | 2,741 | 2,005 | 2,220 | 1,029 | -27.9% |
| China | 264 | 92.5 | 412 | 744 | 41.3% |
| Germany | 639 | 716 | 1,589 | 644 | 0.3% |
| Romania | N/A | 673 | 227 | 637 | -2.7% |
| Italy | 446 | 1,726 | 939 | 548 | 7.1% |
| Turkey | 377 | 447 | 457 | 296 | -7.7% |
| Czech Republic | 440 | N/A | 3.1 | 46.6 | -52.7% |
| Others | 1,289 | 1,931 | 1,299 | 825 | -13.8% |
| Total | 8,821 | 10,416 | 9,213 | 7,839 | -3.9% |
Top Suppliers of Test Bench to Morocco in 2022:
- China (263.0 units)
- Spain (248.0 units)
- France (218.0 units)
- Portugal (95.0 units)
- Germany (85.0 units)
- Romania (56.0 units)
- Turkey (45.0 units)
- Italy (39.0 units)
- Czech Republic (15.0 units)
Test Bench Exports in Morocco
In 2022, approx. 43 units of test benches were exported from Morocco; which is down by -15.7% on the previous year. Overall, exports showed a sharp curtailment. The smallest decline of -3% was in 2020. The exports peaked at 168 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, test bench exports shrank sharply to $138K in 2022. In general, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 418%. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Test Bench in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 140 | 284 | 293 | 113 | -6.9% |
| Spain | 0.2 | 16.0 | N/A | 18.9 | 355.5% |
| Gabon | N/A | N/A | N/A | 7.0 | 0% |
| Congo | 9.5 | N/A | N/A | N/A | 0% |
| Austria | N/A | 843 | N/A | N/A | 0% |
| India | N/A | N/A | 36.2 | N/A | 0% |
| Poland | N/A | 23.5 | N/A | N/A | 0% |
| Others | 75.6 | N/A | 0.2 | N/A | -94.9% |
| Total | 225 | 1,167 | 330 | 138 | -15.0% |
Top Export Markets for Test Bench from Morocco in 2022:
- Gabon (22.0 units)
- France (13.0 units)
- Spain (8.0 units)
This report provides an in-depth analysis of the test bench market 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 26516620 - Test benches
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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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