Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $10,716 per ton, reducing by -5.1% against the previous year. Overall, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2020 an increase of 44%. Over the period under review, average import prices attained the maximum at $16,909 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($63,214 per ton), while the price for Portugal ($4,782 per ton) was amongst the lowest.

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

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $10,968 per ton in 2022, dropping by -32.9% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of 100% against the previous year. As a result, the export price attained the peak level of $65,086 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($41,000 per ton), while the average price for exports to Guinea ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into Morocco dropped notably to 63 tons, declining by -24.5% on the previous year. Over the period under review, imports recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 contracted remarkably to $679K in 2022. In general, imports recorded a dramatic decline. The smallest decline of -2.8% was in 2021.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,961330388254-55.9%
Spain1042272611204.9%
Germany36.713038.768.122.9%
Portugal32.543.424.834.52.0%
Bulgaria51.167.680.024.0-22.3%
China42.848.135.822.7-19.1%
Turkey4.30.3N/A17.258.7%
Others142129119138-0.9%
Total3,375976948679-41.4%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Morocco in 2022:

  1. Spain (24.8 tons)
  2. Italy (21.1 tons)
  3. Portugal (7.2 tons)
  4. China (4.1 tons)
  5. Turkey (2.2 tons)
  6. Germany (1.1 tons)
  7. Bulgaria (1.1 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco

In 2022, approx. 31 kg of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from Morocco; reducing by -77.2% against the previous year's figure. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 289% against the previous year. As a result, the exports attained the peak of 136 kg, and then declined notably in the following year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped significantly to $340 in 2022. In general, exports recorded a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 57%.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5011721,595212-24.9%
Italy33362662883.0-37.1%
Germany141464N/A41.0-33.7%
GuineaN/AN/AN/A4.00%
France1,251N/AN/AN/A0%
Others1,549150N/AN/A-90.3%
Total3,7751,4122,223340-55.2%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Morocco in 2022:

  1. Spain (24.0 kg)
  2. Italy (5.0 kg)
  3. Guinea (1.0 kg)
  4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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