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Morocco - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Morocco - 2022
Contents:
- Non-Propelled Vehicle Price in Morocco (CIF) - 2022
- Non-Propelled Vehicle Price in Morocco (FOB) - 2022
- Non-Propelled Vehicle Imports in Morocco
- Non-Propelled Vehicle Exports in Morocco
Non-Propelled Vehicle Price in Morocco (CIF) - 2022
The average non-propelled vehicle import price stood at $60.1 per unit in December 2022, which is down by -5.1% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2022 an increase of 70% m-o-m. As a result, import price attained the peak level of $92.5 per unit. From September 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($277 per unit), while the price for the Netherlands ($9.3 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Price in Morocco (FOB) - 2022
The average non-propelled vehicle export price stood at $22 per unit in 2022, which is down by -19.3% against the previous year. Overall, the export price saw a deep reduction. The growth pace was the most rapid in 2021 an increase of 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $79 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($72 per unit), while the average price for exports to Ghana ($1.1 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 Romania (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Morocco
Non-propelled vehicle imports into Morocco declined slightly to 97K units in 2022, which is down by -2% against the previous year. Overall, imports continue to indicate a abrupt downturn. Imports peaked at 183K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, non-propelled vehicle imports shrank to $6.3M in 2022. Over the period under review, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 4.4% against the previous year. As a result, imports attained the peak of $8.6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Non-Propelled Vehicle in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 3,285 | 2,023 | 746 | 1,552 | -22.1% |
China | 784 | 1,546 | 567 | 1,140 | 13.3% |
Turkey | 453 | 724 | 696 | 1,117 | 35.1% |
France | 1,259 | 1,396 | 1,171 | 691 | -18.1% |
Italy | 904 | 1,370 | 793 | 553 | -15.1% |
Germany | 437 | 221 | 776 | 263 | -15.6% |
Greece | 46.8 | 166 | 908 | 187 | 58.7% |
Netherlands | 55.0 | 37.4 | 96.8 | 79.8 | 13.2% |
Others | 1,059 | 1,163 | 1,027 | 727 | -11.8% |
Total | 8,284 | 8,645 | 6,780 | 6,309 | -8.7% |
Top Suppliers of Non-Propelled Vehicle to Morocco in 2022:
- Spain (28.2K units)
- Turkey (23.0K units)
- China (15.4K units)
- France (7.0K units)
- Italy (6.4K units)
- Greece (4.4K units)
- Netherlands (4.3K units)
- Germany (2.7K units)
Non-Propelled Vehicle Exports in Morocco
In 2022, approx. 7.2K units of vehicles not mechanically propelled were exported from Morocco; with an increase of 13% compared with the previous year's figure. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, non-propelled vehicle exports reduced to $161K in 2022. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 241%. Over the period under review, the exports reached the peak figure at $243K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Non-Propelled Vehicle in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 15.0 | 2.5 | 28.3 | 19.2 | 8.6% |
France | 106 | 11.2 | 60.8 | 19.2 | -43.4% |
Romania | N/A | N/A | N/A | 19.0 | 0% |
Senegal | 10.2 | N/A | 1.1 | 17.2 | 19.0% |
Netherlands | 8.5 | 9.6 | 9.2 | 13.7 | 17.2% |
Spain | 11.5 | 0.7 | 7.9 | 3.7 | -31.5% |
Turkey | N/A | N/A | N/A | 1.2 | 0% |
Tunisia | N/A | N/A | 5.6 | 1.2 | -78.6% |
Mali | 20.5 | 0.4 | N/A | 1.2 | -61.2% |
Ghana | N/A | N/A | N/A | 0.9 | 0% |
Others | 71.4 | 27.6 | 64.0 | 64.2 | -3.5% |
Total | 243 | 51.9 | 177 | 161 | -12.8% |
Top Export Markets for Non-Propelled Vehicle from Morocco in 2022:
- Netherlands (4115.0 units)
- Ghana (844.0 units)
- Senegal (426.0 units)
- Romania (341.0 units)
- Mauritania (340.0 units)
- France (265.0 units)
- Turkey (202.0 units)
- Spain (158.0 units)
- Tunisia (80.0 units)
- Mali (11.0 units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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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