Morocco: Market for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Morocco

The Moroccan market for bucket type continuous-action elevators and conveyors for goods or materials totaled $X in 2022, growing by X% against the previous year. In general, consumption enjoyed a strong increase. Consumption of peaked at $X in 2020; afterwards, it flattened through to 2022.

Production of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Morocco

In value terms, production of bucket type continuous-action elevators and conveyors for goods or materials expanded modestly to $X in 2022 estimated in export price. Overall, production saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Production of peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports from Morocco

In 2019, exports of bucket type continuous-action elevators and conveyors for goods or materials from Morocco skyrocketed to X units, rising by X% on the year before. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of bucket type continuous-action elevators and conveyors for goods or materials shrank rapidly to $X in 2019. In general, exports, however, continue to indicate a dramatic slump. Over the period under review, the exports of attained the maximum at $X in 2018, and then shrank rapidly in the following year.

Exports by Country

Nigeria (X units), Burkina Faso (X units) and Luxembourg (X units) were the main destinations of exports of bucket type continuous-action elevators and conveyors for goods or materials from Morocco, together accounting for X% of total exports.

From 2018 to 2019, the biggest increases were recorded for Luxembourg (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) emerged as the key foreign market for bucket type continuous-action elevators and conveyors for goods or materials exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a X% share of total exports.

From 2018 to 2019, the average annual growth rate of value to Luxembourg was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2019, the average export price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, dropping by X% against the previous year. Overall, the export price continues to indicate a precipitous shrinkage. The export price peaked at $X per unit in 2018, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the average price for exports to Nigeria ($X per unit) was amongst the lowest.

From 2018 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bucket Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports into Morocco

In 2022, the amount of bucket type continuous-action elevators and conveyors for goods or materials imported into Morocco shrank markedly to X units, which is down by X% on 2021. Overall, imports, however, showed moderate growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of bucket type continuous-action elevators and conveyors for goods or materials reduced markedly to $X in 2022. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of bucket type continuous-action elevator and conveyor to Morocco, accounting for a X% share of total imports. Moreover, imports of bucket type continuous-action elevators and conveyors for goods or materials from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Spain (X% per year).

In value terms, France ($X), Germany ($X) and Spain ($X) constituted the largest bucket type continuous-action elevator and conveyor suppliers to Morocco, together comprising X% of total imports.

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for bucket type continuous-action elevators and conveyors for goods or materials amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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