Morocco: Pedestrian-Controlled Tractor Market 2022

Pedestrian-Controlled Tractor Market Size in Morocco

After two years of growth, the Moroccan pedestrian-controlled tractor market decreased by -X% to $X in 2021. Overall, consumption, however, posted prominent growth. Pedestrian-controlled tractor consumption peaked at $X in 2020, and then shrank in the following year.

Pedestrian-Controlled Tractor Production in Morocco

In value terms, pedestrian-controlled tractor production reduced sharply to $X in 2021 estimated in export price. In general, production, however, showed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then reduced dramatically in the following year.

Pedestrian-Controlled Tractor Exports

Exports from Morocco

After two years of decline, overseas shipments of pedestrian-controlled tractors increased by X% to X units in 2021. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, pedestrian-controlled tractor exports soared to $X in 2021. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Mauritania (X units) was the main destination for pedestrian-controlled tractor exports from Morocco, accounting for a X% share of total exports. Moreover, pedestrian-controlled tractor exports to Mauritania exceeded the volume sent to the second major destination, Spain (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Mauritania stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Switzerland (X% per year).

In value terms, Spain ($X), Mauritania ($X) and Switzerland ($X) constituted the largest markets for pedestrian-controlled tractor exported from Morocco worldwide.

In terms of the main countries of destination, Spain, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pedestrian-controlled tractor export price amounted to $X per unit, dropping by -X% against the previous year. In general, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020, and then declined remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Spain ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Pedestrian-Controlled Tractor Imports

Imports into Morocco

In 2021, the amount of pedestrian-controlled tractors imported into Morocco totaled X units, picking up by X% compared with the previous year. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, pedestrian-controlled tractor imports expanded to $X in 2021. Overall, imports posted buoyant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), the UK (X units) and Spain (X units) were the main suppliers of pedestrian-controlled tractor imports to Morocco, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and Spain ($X) constituted the largest pedestrian-controlled tractor suppliers to Morocco, with a combined X% share of total imports.

Among the main suppliers, the United States, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average pedestrian-controlled tractor import price stood at $X per unit in 2021, reducing by -X% against the previous year. In general, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform