Price for Machinery; Parts of the Machinery of Heading No. 8427 in Morocco - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $8,980 per ton, dropping by -6.5% against the previous year. Over the period under review, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. As a result, import price attained the peak level of $16,526 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($14,221 per ton), while the price for France ($3,817 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8427 stood at $91,873 per ton in 2022, jumping by 1,909% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +60.6% per year.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco
In 2022, imports of machinery; parts of the machinery of heading no. 8427 into Morocco rose notably to 226 tons, picking up by 13% against the previous year's figure. Over the period under review, imports, however, showed a abrupt decrease.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 rose rapidly to $2M in 2022. In general, imports, however, continue to indicate a abrupt downturn.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 374 | 530 | 391 | 601 | 17.1% |
| China | 230 | 211 | 251 | 362 | 16.3% |
| Italy | 352 | 317 | 323 | 326 | -2.5% |
| Spain | 316 | 270 | 279 | 172 | -18.4% |
| Sweden | 200 | 281 | 234 | 144 | -10.4% |
| South Korea | 21.2 | 5.6 | 12.8 | 85.5 | 59.2% |
| France | 194 | 165 | 111 | 53.5 | -34.9% |
| Malaysia | 857 | N/A | N/A | N/A | 0% |
| Others | 410 | 148 | 311 | 286 | -11.3% |
| Total | 2,954 | 1,927 | 1,913 | 2,029 | -11.8% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Morocco in 2022:
- China (64.7 tons)
- Germany (57.0 tons)
- Italy (25.1 tons)
- Spain (17.4 tons)
- South Korea (15.0 tons)
- France (14.0 tons)
- Sweden (10.1 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco
In 2022, after three years of growth, there was significant decline in shipments abroad of machinery; parts of the machinery of heading no. 8427, when their volume decreased by -99.6% to 63 kg. In general, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 916% against the previous year.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 reduced sharply to $5.8K in 2022. Over the period under review, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 149%.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | N/A | N/A | N/A | 5.8 | 0% |
| Cote d'Ivoire | 2.9 | 1.4 | N/A | N/A | -51.7% |
| Germany | 5.6 | 3.4 | 4.6 | N/A | -9.4% |
| Djibouti | N/A | N/A | 22.3 | N/A | 0% |
| United Kingdom | N/A | 28.2 | 46.7 | N/A | 65.6% |
| Others | 5.4 | 1.6 | 2.5 | N/A | -32.0% |
| Total | 13.9 | 34.5 | 76.1 | 5.8 | -25.3% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Morocco in 2022:
- Sudan (63.0 kg)
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