Price for Liquid Elevators; Parts Thereof in Morocco - 2022

Contents:

  1. Price for Liquid Elevators; Parts Thereof in Morocco (CIF) - 2022
  2. Price for Liquid Elevators; Parts Thereof in Morocco (FOB) - 2022
  3. Imports of Liquid Elevators; Parts Thereof in Morocco
  4. Exports of Liquid Elevators; Parts Thereof in Morocco

Price for Liquid Elevators; Parts Thereof in Morocco (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $49,322 per ton in 2022, shrinking by -18% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 61% against the previous year. As a result, import price attained the peak level of $60,126 per ton, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($177,405 per ton), while the price for Cyprus ($29,649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Liquid Elevators; Parts Thereof in Morocco (FOB) - 2022

The average liquid elevators; parts thereof export price stood at $57,648 per ton in 2022, rising by 51% against the previous year. Over the period under review, the export price posted a strong expansion. The growth pace was the most rapid in 2016 an increase of 56%. The export price peaked at $57,849 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($58,006 per ton), while the average price for exports to Spain amounted to $12,994 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (-0.5%).

Imports of Liquid Elevators; Parts Thereof in Morocco

In 2022, approx. 939 kg of liquid elevators; parts thereoves were imported into Morocco; jumping by 65% on 2021 figures. Over the period under review, imports, however, continue to indicate a deep slump.

In value terms, liquid elevators; parts thereof imports soared to $46K in 2022. In general, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of $58K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Liquid Elevators; Parts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain0.42.01.39.9191.4%
Cyprus17.225.65.56.8-26.6%
France18.717.00.33.7-41.7%
Netherlands0.71.51.33.266.0%
Others6.012.425.922.755.8%
Total43.058.434.346.32.5%

Top Suppliers of Liquid Elevators; Parts Thereof to Morocco in 2022:

  1. Spain (293.0 kg)
  2. Cyprus (231.0 kg)
  3. Netherlands (31.0 kg)
  4. France (21.0 kg)

Exports of Liquid Elevators; Parts Thereof in Morocco

In 2022, after three years of growth, there was significant decline in overseas shipments of liquid elevators; parts thereoves, when their volume decreased by -39.6% to 270 kg. Over the period under review, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of 447 kg, and then shrank significantly in the following year.

In value terms, liquid elevators; parts thereof exports reduced to $16K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.

Export of Liquid Elevators; Parts Thereof in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania9.811.710.914.714.5%
Spain1.32.02.10.1-57.5%
OthersN/A0.44.00.841.4%
Total11.214.117.015.611.7%

Top Export Markets for Liquid Elevators; Parts Thereof from Morocco in 2022:

  1. Mauritania (253.0 kg)
  2. Spain (8.0 kg)

Source: IndexBox Market Intelligence Platform

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