Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (CIF) - 2022
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (FOB) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco
- Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (CIF) - 2022
The average import price for furnaces and ovens; industrial or laboratory induction or dielectrics stood at $2,136 per unit in 2022, declining by -6% against the previous year. Overall, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 4.5%. The import price peaked at $2,635 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,732 per unit), while the price for Belgium ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+114.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (FOB) - 2022
In 2022, the average export price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $4,646 per unit, with an increase of 50% against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 91% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($2,693 per unit), while the average price for exports to France amounted to $36 per unit.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+6,501.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco
In 2022, purchases abroad of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by -49.6% to 612 units, falling for the second year in a row after two years of growth. Overall, imports, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 690% against the previous year. As a result, imports reached the peak of 4.6K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics plummeted to $1.8M in 2022. In general, imports, however, recorded pronounced growth. The pace of growth was the most pronounced in 2020 when imports increased by 604% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,205 | 1,196 | 1,404 | 804 | -12.6% |
| China | 4.3 | 8,933 | 2,009 | 600 | 418.7% |
| United Kingdom | 4.8 | 10.9 | 119 | 128 | 198.8% |
| Italy | 114 | 562 | 37.8 | 108 | -1.8% |
| Spain | 26.5 | 0.7 | 4.0 | 40.0 | 14.7% |
| Turkey | 2.7 | 20.5 | 4.3 | 33.0 | 130.3% |
| United States | 12.8 | 11.9 | 5.7 | 14.6 | 4.5% |
| Thailand | N/A | 199 | N/A | N/A | 0% |
| Others | 189 | 41.1 | 78.8 | 72.2 | -27.4% |
| Total | 1,560 | 10,975 | 3,662 | 1,801 | 4.9% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Morocco in 2022:
- India (227.0 units)
- China (170.0 units)
- United Kingdom (56.0 units)
- United States (53.0 units)
- Italy (29.0 units)
- Spain (27.0 units)
- Turkey (21.0 units)
Exports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco
In 2022, overseas shipments of furnaces and ovens; industrial or laboratory induction or dielectrics decreased by 0% to 2 units, falling for the second year in a row after two years of growth. In general, exports showed a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 88%. As a result, the exports attained the peak of 15 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of furnaces and ovens; industrial or laboratory induction or dielectrics soared to $3.3K in 2022. Over the period under review, exports recorded a buoyant increase. The exports peaked at $24K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.1 | 16.0 | 0.2 | 2.7 | 200.0% |
| United Kingdom | N/A | 3.5 | N/A | N/A | 0% |
| France | N/A | 0.3 | N/A | N/A | 0% |
| Guinea | 0.1 | 3.8 | N/A | N/A | 3700.0% |
| Italy | 2.1 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Total | 2.3 | 23.7 | 0.2 | 3.3 | 12.8% |
Top Export Markets for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric from Morocco in 2022:
- Cote d'Ivoire (1.0 units)
- France (1.0 units)
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