Price for Electric Motors; AC Motors, Single-Phase in Morocco - 2022
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Morocco (CIF) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Morocco (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in Morocco
- Exports of Electric Motors; AC Motors, Single-Phase in Morocco
Price for Electric Motors; AC Motors, Single-Phase in Morocco (CIF) - 2022
The average import price for electric motors; AC motors, single-phases stood at $18 per unit in 2022, with a decrease of -2.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the peak figure at $19 per unit in 2018; however, from 2019 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 Poland ($56 per unit), while the price for China ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Morocco (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, single-phases amounted to $72 per unit, which is down by -66% against the previous year. In general, the export price, however, showed a modest increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 194%. As a result, the export price attained the peak level of $212 per unit, and then declined markedly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Cote d'Ivoire ($75 per unit) and Mali ($72 per unit), while the average price for exports to Burkina Faso ($71 per unit) and Mauritania ($72 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (+86.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Morocco
In 2022, the amount of electric motors; AC motors, single-phases imported into Morocco rose to 1M units, growing by 4.1% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase imports rose slightly to $19M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Electric Motors; AC Motors, Single-Phase in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.3 | 5.9 | 10.9 | 10.9 | 14.3% |
| Italy | 1.5 | 2.1 | 3.5 | 3.8 | 36.3% |
| Poland | 1.7 | 1.4 | 2.0 | 1.7 | 0.0% |
| France | 3.9 | 4.3 | 0.5 | 0.7 | -43.6% |
| Tunisia | 0.5 | 0.4 | 0.7 | 0.4 | -7.2% |
| Others | 1.0 | 1.1 | 0.9 | 1.4 | 11.9% |
| Total | 15.9 | 15.2 | 18.6 | 18.9 | 5.9% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Morocco in 2022:
- China (892.0K units)
- Italy (68.3K units)
- Poland (29.7K units)
- France (12.9K units)
- Tunisia (7.4K units)
Exports of Electric Motors; AC Motors, Single-Phase in Morocco
In 2022, overseas shipments of electric motors; AC motors, single-phases were finally on the rise to reach 1.7K units after two years of decline. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase exports skyrocketed to $122K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; AC Motors, Single-Phase in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | N/A | N/A | 0.5 | 61.6 | 12220.0% |
| Senegal | N/A | N/A | N/A | 18.7 | 0% |
| Benin | N/A | N/A | N/A | 15.3 | 0% |
| Mali | 0.1 | N/A | N/A | 10.0 | 364.2% |
| Mauritania | 7.0 | 12.1 | 1.5 | 7.0 | 0.0% |
| United Arab Emirates | N/A | N/A | N/A | 4.3 | 0% |
| Burkina Faso | 2.1 | N/A | N/A | 2.5 | 6.0% |
| Switzerland | 8.9 | N/A | N/A | N/A | 0% |
| Netherlands | 0.8 | N/A | N/A | N/A | 0% |
| Others | 2.2 | 11.6 | 19.4 | 2.5 | 4.4% |
| Total | 21.1 | 23.7 | 21.4 | 122 | 79.5% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Morocco in 2022:
- Tunisia (856.0 units)
- Senegal (259.0 units)
- Benin (213.0 units)
- Mali (138.0 units)
- Mauritania (97.0 units)
- United Arab Emirates (60.0 units)
- Burkina Faso (35.0 units)
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This report provides an in-depth analysis of the global dc motor market.
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This report provides an in-depth analysis of the ac/dc motor market in Morocco.
318
This report provides an in-depth analysis of the dc motor market in Morocco.
1510
This report provides an in-depth analysis of the global ac/dc motor market.
1140
This report provides an in-depth analysis of the global dc motor market.
1307
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
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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
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1307
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
217
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
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
