Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco - 2023

Contents:

1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco (CIF) - 2022
2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco (FOB) - 2022
3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco
4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $44,328 per ton, waning by -10% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of machinery for making or finishing paper or paperboard increased by +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 79%. Over the period under review, average import prices hit record highs at $49,242 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($59,319 per ton), while the price for Spain ($25,535 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $47,791 per ton in 2022, jumping by 1,357% against the previous year. In general, the export price showed a prominent increase. Over the period under review, the average export prices attained the peak figure at $49,036 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($210,000 per ton), while the average price for exports to Germany ($4,255 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco

In 2022, the amount of machinery; parts of machinery for making or finishing paper or paperboard imported into Morocco rose significantly to 55 tons, picking up by 8.9% on 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.1% 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 -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, imports reached the peak of 68 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard fell modestly to $2.4M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45%.

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Morocco in 2022:

1. France (20.4 tons)
2. Spain (13.1 tons)
3. Germany (10.5 tons)
4. Italy (5.6 tons)
5. China (2.2 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Morocco

After three years of growth, shipments abroad of machinery; parts of machinery for making or finishing paper or paperboard decreased by -96.2% to 201 kg in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 585% against the previous year.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard contracted dramatically to $9.6K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 742% against the previous year.

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Morocco in 2022:

1. Cote d'Ivoire (58.0 kg)
2. Germany (51.0 kg)
3. Senegal (43.0 kg)
4. Algeria (31.0 kg)
5. Tunisia (7.0 kg)
6. Cameroon (6.0 kg)

Source: IndexBox Market Intelligence Platform