Price for Machines; Parts and Accessories, of Heading No. 8472 in Morocco - 2023
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Morocco (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Morocco (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Morocco
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Morocco
Price for Machines; Parts and Accessories, of Heading No. 8472 in Morocco (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $77,323 per ton, waning by -26.2% against the previous year. In general, the import price recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of 30% against the previous year. The import price peaked at $145,750 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 South Korea ($234,892 per ton), while the price for Malaysia ($53,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Morocco (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $57,444 per ton in 2022, rising by 55% against the previous year. Overall, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices reached the maximum at $102,507 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Congo ($59,311 per ton) and Mali ($59,028 per ton), while the average price for exports to Germany ($44,490 per ton) and the Netherlands ($57,530 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cameroon (+25.0%), while the prices for the other major destinations experienced a decline.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Morocco
For the fourth consecutive year, Morocco recorded growth in purchases abroad of machines; parts and accessories, of heading no. 8472, which increased by 17% to 15 tons in 2022. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines; parts and accessories, of heading no. 8472 declined to $1.1M in 2022. In general, imports saw modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of $1.3M, and then fell in the following year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 359 | 397 | 509 | 469 | 9.3% |
| Germany | 489 | 274 | 278 | 201 | -25.6% |
| India | 20.8 | 76.2 | 126 | 116 | 77.3% |
| Philippines | 51.3 | 77.7 | 135 | 82.8 | 17.3% |
| South Korea | 0.8 | 17.6 | 41.4 | 80.3 | 364.7% |
| Hungary | 60.4 | 22.2 | 2.4 | 52.2 | -4.7% |
| Japan | 64.7 | 29.8 | 22.1 | 37.7 | -16.5% |
| United States | 13.8 | 29.7 | 106 | 26.5 | 24.3% |
| Malaysia | 2.4 | 9.8 | 39.0 | 18.2 | 96.5% |
| Others | 48.7 | 55.1 | 66.5 | 61.7 | 8.2% |
| Total | 1,111 | 989 | 1,325 | 1,145 | 1.0% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Morocco in 2022:
- China (8.7 tons)
- Germany (1.5 tons)
- India (1.4 tons)
- Philippines (1.2 tons)
- Hungary (0.5 tons)
- Japan (0.3 tons)
- Malaysia (0.3 tons)
- South Korea (0.3 tons)
- United States (0.2 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Morocco
In 2022, exports of machines; parts and accessories, of heading no. 8472 from Morocco soared to 5.1 tons, picking up by 126% on 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $294K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | N/A | N/A | 10.0 | 138 | 1280.0% |
| Netherlands | 5.2 | 50.0 | 31.0 | 132 | 193.9% |
| Germany | 17.9 | 15.3 | 33.0 | 18.7 | 1.5% |
| France | 6.4 | N/A | N/A | N/A | 0% |
| Libya | 38.1 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 11.1 | 9.8 | 5.7 | 31.6% |
| Total | 70.1 | 76.5 | 83.9 | 294 | 61.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Morocco in 2022:
- Congo (2.3 tons)
- Netherlands (2.3 tons)
- Germany (0.4 tons)
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This report provides an in-depth analysis of the computing machinery market in Morocco.
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This report provides an in-depth analysis of the global computing machinery market.
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