Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (CIF) - 2023
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (FOB) - 2023
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (CIF) - 2023
In June 2023, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $6,931 per unit, picking up by 2% against the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($11,372 per unit), while the price for Spain ($6,564 per unit) was amongst the lowest.
From January 2023 to June 2023, the most notable rate of growth in terms of prices was attained by France (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (FOB) - 2023
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $14,290 per unit in June 2023, jumping by 31% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $15,060 per unit in January 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Senegal ($15,291 per unit), while the average price for exports to Nigeria ($7,824 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 Sudan (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco
In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Morocco fell to 236K units, almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports reached the peak of 238K units, leveling off in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $390M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 294 | 216 | 213 | 231 | -7.7% |
| France | 12.3 | 45.2 | 139 | 136 | 122.8% |
| China | 2.3 | 1.7 | 2.5 | 3.2 | 11.6% |
| Italy | 3.7 | 2.5 | 3.3 | 2.8 | -8.9% |
| Others | 23.5 | 18.3 | 20.8 | 16.8 | -10.6% |
| Total | 336 | 283 | 378 | 390 | 5.1% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Morocco in 2022:
- Spain (111.1K units)
- France (100.6K units)
- China (8.0K units)
- Italy (5.8K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco
In 2022, approx. 2K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were exported from Morocco; waning by -25% compared with 2021 figures. Over the period under review, exports recorded a sharp reduction. The smallest decline of -11.5% was in 2021. Over the period under review, the exports of attained the maximum at 8.6K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $8.2M in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 63% against the previous year. The exports peaked at $9.7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 232 | 3,209 | 5,626 | 5,666 | 190.1% |
| Nigeria | 239 | 216 | 404 | 330 | 11.4% |
| Sudan | 10.8 | 83.1 | 48.2 | 307 | 205.2% |
| France | 1,210 | 75.4 | 156 | 234 | -42.2% |
| Ghana | N/A | 0.8 | 0.3 | 227 | 1584.5% |
| Turkey | N/A | 59.1 | 66.1 | 177 | 73.1% |
| Spain | 6,932 | N/A | 75.8 | 27.2 | -84.2% |
| United Arab Emirates | N/A | N/A | 1.5 | 23.5 | 1466.7% |
| Russia | 323 | N/A | N/A | N/A | 0% |
| Slovakia | 560 | N/A | N/A | N/A | 0% |
| Others | 209 | 651 | 639 | 1,186 | 78.4% |
| Total | 9,716 | 4,294 | 7,016 | 8,178 | -5.6% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Morocco in 2022:
- Mauritania (527.0 units)
- Nigeria (425.0 units)
- France (317.0 units)
- Ghana (205.0 units)
- Sudan (176.0 units)
- Turkey (67.0 units)
- United Arab Emirates (61.0 units)
- Spain (9.0 units)
309
This report provides an in-depth analysis of the internal combustion engines market in Morocco.
390
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) in Morocco.
1046
This report provides an in-depth analysis of the global internal combustion engines market.
2198
This report provides an in-depth analysis of the global market for diesel engines (other than for motor vehicles and aircraft).
437
Global Rail Diesel Engine Market Report 2018. This report provides an in-depth analysis of the global rail diesel engine market.
309
This report provides an in-depth analysis of the internal combustion engines market in Morocco.
390
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) in Morocco.
1046
This report provides an in-depth analysis of the global internal combustion engines market.
2198
This report provides an in-depth analysis of the global market for diesel engines (other than for motor vehicles and aircraft).
437
Global Rail Diesel Engine Market Report 2018. This report provides an in-depth analysis of the global rail diesel engine market.
80
Learn about the projected growth of the internal combustion engine market worldwide, with an expected increase in both volume and value over the next seven years.
333
Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
1455
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
883
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
1241
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
80
Learn about the projected growth of the internal combustion engine market worldwide, with an expected increase in both volume and value over the next seven years.
333
Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
1455
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
883
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
1241
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
