Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco - 2022
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $400 per unit, dropping by -28.4% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum at $1,513 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 South Korea ($43,211 per unit), while the price for Turkey ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $6,938 per unit, with a decrease of -2.2% against the previous year. Overall, the export price faced a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 57%. Over the period under review, the average export prices attained the peak figure at $24,462 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($22,508 per unit), while the average price for exports to Senegal ($4,356 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 Italy (+58.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into Morocco surged to 16K units, with an increase of 52% against the previous year's figure. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs expanded rapidly to $6.4M in 2022. Over the period under review, imports, however, saw a abrupt shrinkage. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 790 | 514 | 832 | 2,149 | 39.6% |
| China | 1,734 | 526 | 2,001 | 1,176 | -12.1% |
| Germany | 1,174 | 1,150 | 877 | 1,044 | -3.8% |
| India | 83.6 | 246 | 245 | 344 | 60.2% |
| Turkey | 29.3 | 369 | 108 | 332 | 124.6% |
| Belgium | 3,212 | 94.0 | 221 | 164 | -62.9% |
| Italy | 120 | 274 | 170 | 150 | 7.7% |
| Spain | 552 | 1,436 | 401 | 85.3 | -46.3% |
| France | 2,309 | 1,204 | 330 | 75.0 | -68.1% |
| Others | 1,633 | 1,134 | 701 | 901 | -18.0% |
| Total | 11,638 | 6,947 | 5,886 | 6,420 | -18.0% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Morocco in 2022:
- Turkey (6.0K units)
- Brazil (5.7K units)
- Germany (1.2K units)
- China (1.1K units)
- Italy (0.7K units)
- India (0.3K units)
- Belgium (0.2K units)
- France (0.1K units)
- Spain (0.1K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco
Exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs from Morocco surged to 92 units in 2022, rising by 130% compared with the year before. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs soared to $638K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 56.2 | 0.9 | 0.7 | 301 | 75.0% |
| Mauritania | 161 | 175 | 86.9 | 194 | 6.4% |
| Italy | N/A | N/A | N/A | 45.0 | 0% |
| Sudan | N/A | 29.4 | 6.5 | 19.9 | -17.7% |
| Burkina Faso | N/A | N/A | 145 | 16.4 | -88.7% |
| France | N/A | 0.1 | N/A | 12.1 | 1000.0% |
| Guinea | N/A | N/A | N/A | 8.8 | 0% |
| Cameroon | N/A | 156 | 19.9 | N/A | -87.2% |
| Others | 68.9 | 197 | 24.9 | 41.4 | -15.6% |
| Total | 286 | 559 | 284 | 638 | 30.7% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Morocco in 2022:
- Senegal (69.0 units)
- Mauritania (11.0 units)
- Sudan (3.0 units)
- Italy (2.0 units)
- Guinea (2.0 units)
- France (2.0 units)
- Burkina Faso (1.0 units)
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This report provides an in-depth analysis of the ac/dc motor market in Morocco.
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This report provides an in-depth analysis of the dc motor market in Morocco.
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This report provides an in-depth analysis of the global ac/dc motor market.
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This report provides an in-depth analysis of the global dc motor market.
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
887
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1222
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