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Morocco - Castors With Mountings Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Castor Mounting Price in Morocco - 2022
Contents:
- Metal Castor Mounting Price in Morocco (CIF) - 2022
- Metal Castor Mounting Price in Morocco (FOB) - 2022
- Metal Castor Mounting Imports in Morocco
- Metal Castor Mounting Exports in Morocco
Metal Castor Mounting Price in Morocco (CIF) - 2022
In December 2022, the average metal castor mounting import price amounted to $1,729 per ton, increasing by 8.2% against the previous month. Overall, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 24% month-to-month. As a result, import price reached the peak level of $2,776 per ton. From May 2022 to December 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Italy ($8,568 per ton), while the price for China totaled $1,369 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.1%).
Metal Castor Mounting Price in Morocco (FOB) - 2022
In 2022, the average metal castor mounting export price amounted to $10,310 per ton, falling by -20.2% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 125% against the previous year. As a result, the export price attained the peak level of $26,246 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($11,400 per ton), while the average price for exports to Mali ($4,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Castor Mounting Imports in Morocco
Metal castor mounting imports into Morocco soared to 3.3K tons in 2022, picking up by 60% compared with the previous year's figure. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal castor mounting imports skyrocketed to $6.5M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.
Import of Metal Castor Mounting in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.0 | 2.1 | 3.3 | 4.8 | 33.9% |
Spain | 0.3 | 0.5 | 0.7 | 0.4 | 10.1% |
Others | 0.8 | 0.8 | 1.0 | 1.2 | 14.5% |
Total | 3.1 | 3.3 | 5.0 | 6.5 | 28.0% |
Top Suppliers of Metal Castor Mounting to Morocco in 2022:
- Spain (undefinedK tons)
- China (3.1K tons)
Metal Castor Mounting Exports in Morocco
In 2022, approx. 3.1 tons of castors with mountings of base metal were exported from Morocco; which is down by -48% on 2021. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 8,058% against the previous year. As a result, the exports attained the peak of 5.9 tons, and then contracted sharply in the following year.
In value terms, metal castor mounting exports declined dramatically to $31K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 10,677%. As a result, the exports reached the peak of $76K, and then declined markedly in the following year.
Export of Metal Castor Mounting in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 55.1 | 19.1 | -65.3% |
Italy | N/A | N/A | 13.1 | 5.2 | -60.3% |
Turkey | N/A | N/A | N/A | 4.0 | 0% |
Mali | N/A | N/A | N/A | 0.7 | 0% |
Niger | N/A | N/A | 0.1 | 0.6 | 500.0% |
Senegal | N/A | N/A | N/A | 0.4 | 0% |
Cameroon | 0.1 | N/A | N/A | N/A | 0% |
Portugal | N/A | N/A | 2.8 | N/A | 0% |
Others | 2.0 | 0.7 | 4.7 | 1.4 | -11.2% |
Total | 2.1 | 0.7 | 75.9 | 31.5 | 146.6% |
Top Export Markets for Metal Castor Mounting from Morocco in 2022:
- Spain (1674.0 kg)
- Italy (702.0 kg)
- Turkey (378.0 kg)
- Mali (139.0 kg)
- Niger (72.0 kg)
- Senegal (51.0 kg)
This report provides an in-depth analysis of the metal castor mounting 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 25721420 - Castors with mountings of base metal
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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