Price for Automatic Circuit Breakers for Under 1000 V in Morocco - 2023

Price for Automatic Circuit Breakers for Under 1000 V in Morocco (CIF) - 2023

In June 2023, the average import price for automatic circuit breakers for under 1000 v amounted to $24.6 per unit, surging by 9.3% against the previous month. Overall, the import price enjoyed a notable expansion. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 75% month-to-month. As a result, import price reached the peak level of $36.6 per unit. From April 2023 to June 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($36.6 per unit), while the price for China ($4.0 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Romania (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Automatic Circuit Breakers for Under 1000 V in Morocco (FOB) - 2023

In June 2023, the average export price for automatic circuit breakers for under 1000 v amounted to $15.9 per unit, picking up by 5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in November 2022 an increase of 46% against the previous month. As a result, the export price reached the peak level of $17.4 per unit. From December 2022 to June 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($6.0 per unit), while the average price for exports to Mali ($3.4 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Automatic Circuit Breakers for Under 1000 V in Morocco

In 2022, approx. 6M units of automatic circuit breakers for under 1000 v were imported into Morocco; declining by -9.5% against the previous year's figure. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of 6.6M units, and then fell in the following year.

In value terms, imports of automatic circuit breakers for under 1000 v fell to $37M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of $39M, and then declined in the following year.

Import of Automatic Circuit Breakers for Under 1000 V in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.7	7.8	12.5	10.5	10.9%
France	9.5	7.5	13.0	10.1	2.1%
Bulgaria	1.3	1.3	6.2	7.1	76.1%
Germany	1.4	1.2	2.5	2.0	12.6%
Italy	1.1	0.7	1.3	1.7	15.6%
Turkey	0.3	0.2	0.5	1.2	58.7%
Romania	0.5	0.6	0.8	0.9	21.6%
Spain	7.3	8.3	0.3	0.8	-52.1%
Others	2.7	2.1	2.3	2.5	-2.5%
Total	31.8	29.8	39.4	36.7	4.9%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Morocco in 2022:

China (3051.7K units)
France (1024.8K units)
Bulgaria (904.3K units)
Turkey (258.0K units)
Germany (182.1K units)
Romania (153.5K units)
Italy (143.3K units)
Spain (68.1K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Morocco

Exports of automatic circuit breakers for under 1000 v from Morocco totaled 4.9M units in 2022, leveling off at 2021. In general, exports, however, recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year. Over the period under review, the exports of reached the maximum at 6.6M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of automatic circuit breakers for under 1000 v declined to $24M in 2022. Overall, exports continue to indicate a modest expansion. The pace of growth was the most pronounced in 2020 with an increase of 7.4% against the previous year. The exports peaked at $26M in 2021, and then shrank in the following year.