Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco (CIF) - 2022

The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $60,660 per ton in 2022, increasing by 37% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the average import price increased by 50%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 France ($145,456 per ton), while the price for China ($15,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $38,304 per ton in 2022, surging by 211% against the previous year. Over the period under review, the export price posted a strong expansion. Over the period under review, the average export prices hit record highs at $63,708 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 Germany ($54,000 per ton), while the average price for exports to Canada ($5,200 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 (+44.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco

In 2022, supplies from abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -31.4% to 42 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 61 tons, and then dropped dramatically in the following year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank to $2.5M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports reached the peak of $2.7M, and then declined in the following year.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Morocco in 2022:

1. Spain (12.6 tons)
2. South Korea (9.9 tons)
3. Germany (4.5 tons)
4. China (3.8 tons)
5. France (3.3 tons)
6. Italy (2.6 tons)
7. United Kingdom (2.3 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Morocco

In 2022, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses from Morocco contracted remarkably to 477 kg, which is down by -84.1% compared with the previous year. Overall, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 1,070%. As a result, the exports reached the peak of 3 tons, and then dropped dramatically in the following year.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted significantly to $18K in 2022. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 315% against the previous year. As a result, the exports attained the peak of $37K, and then plummeted in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Morocco in 2022:

1. France (282.0 kg)
2. Poland (142.0 kg)
3. Guinea (41.0 kg)
4. Canada (10.0 kg)
5. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform