Morocco - Radiators For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Vehicle Radiator Price in Morocco - 2022
Contents:
- Motor Vehicle Radiator Price in Morocco (CIF) - 2022
- Motor Vehicle Radiator Price in Morocco (FOB) - 2022
- Motor Vehicle Radiator Imports in Morocco
- Motor Vehicle Radiator Exports in Morocco
Motor Vehicle Radiator Price in Morocco (CIF) - 2022
The average motor vehicle radiator import price stood at $5 per unit in 2022, increasing by 7.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 when the average import price increased by 8% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 France ($8.7 per unit), while the price for Romania ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Radiator Price in Morocco (FOB) - 2022
The average motor vehicle radiator export price stood at $5.8 per unit in December 2022, which is down by -5.2% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 16% against the previous month. The export price peaked at $6.3 per unit in September 2022; however, from October 2022 to December 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Spain ($5.8 per unit), while the average price for exports to France ($3.0 per unit) was amongst the lowest.
From December 2021 to December 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.
Motor Vehicle Radiator Imports in Morocco
In 2022, imports of radiators for motor vehicles into Morocco soared to 6M units, rising by 22% against 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, motor vehicle radiator imports surged to $30M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
Import of Motor Vehicle Radiator in Morocco (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.4 | 3.5 | 3.9 | 9.0 | 38.3% |
Romania | 2.7 | 1.3 | 8.1 | 7.1 | 38.0% |
France | 1.2 | 2.6 | 3.9 | 5.2 | 63.0% |
Spain | 0.6 | 1.9 | 1.4 | 2.2 | 54.2% |
Italy | 0.3 | 0.3 | 0.7 | 1.7 | 78.3% |
Portugal | 0.1 | 0.7 | 1.5 | 1.4 | 141.0% |
Germany | 0.4 | 0.2 | 0.4 | 0.8 | 26.0% |
Turkey | 0.7 | 0.4 | 0.6 | 0.5 | -10.6% |
United Arab Emirates | 1.1 | 0.3 | 0.5 | 0.5 | -23.1% |
Others | 2.0 | 1.1 | 1.7 | 1.4 | -11.2% |
Total | 12.5 | 12.3 | 22.7 | 29.8 | 33.6% |
Top Suppliers of Motor Vehicle Radiator to Morocco in 2022:
- China (1912.0K units)
- Romania (1744.3K units)
- France (596.6K units)
- Spain (481.3K units)
- Italy (374.4K units)
- Portugal (340.1K units)
- Germany (133.3K units)
- United Arab Emirates (88.0K units)
- Turkey (70.0K units)
Motor Vehicle Radiator Exports in Morocco
In 2022, overseas shipments of radiators for motor vehicles decreased by -0.2% to 2.7M units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 1,118% against the previous year. Over the period under review, the exports attained the maximum at 2.7M units in 2021, and then shrank modestly in the following year.
In value terms, motor vehicle radiator exports surged to $16M in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,536% against the previous year. As a result, the exports reached the peak of $20M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Motor Vehicle Radiator in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 0.9 | 19.5 | 9.9 | 13.2 | 144.8% |
Portugal | N/A | N/A | 1.1 | 1.5 | 36.4% |
France | 0.3 | 0.3 | 1.4 | 0.8 | 38.7% |
Others | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
Total | 1.2 | 19.9 | 12.5 | 15.6 | 135.1% |
Top Export Markets for Motor Vehicle Radiator from Morocco in 2022:
- Spain (2259.3K units)
- Portugal (295.6K units)
- France (128.7K units)
This report provides an in-depth analysis of the motor vehicle radiator 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 29323061 - Radiators for tractors, motor cars, goods vehicles, crane lorries, fire-fighting vehicles, concrete-mixer-, road sweeper-, s praying lorries, mobile workshops and radiological units, p arts thereof
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
-
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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