Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $8,713 per unit, waning by -15.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22%. The import price peaked at $10,312 per unit in 2021, and then declined notably in the following year.
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 the UK ($16,146 per unit), while the price for Taiwan (Chinese) ($3,256 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $3,489 per unit in 2022, increasing by 98% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices reached the maximum at $7,620 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($29,312 per unit), while the average price for exports to France ($1,616 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.5%).
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco
In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Morocco stood at 7.3K units, flattening at the year before. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 122%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped to $64M in 2022. In general, imports posted strong growth. The growth pace was the most rapid in 2021 when imports increased by 145% against the previous year. As a result, imports attained the peak of $74M, and then dropped in the following year.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 7.2 | 5.2 | 9.8 | 18.4 | 36.7% |
| South Korea | 4.3 | 4.5 | 13.0 | 16.4 | 56.2% |
| France | 9.7 | 8.9 | 13.7 | 10.4 | 2.3% |
| United Kingdom | N/A | 0.9 | 11.3 | 7.6 | 190.6% |
| China | 1.1 | 0.4 | 2.0 | 3.0 | 39.7% |
| Taiwan (Chinese) | 1.8 | 1.1 | 0.6 | 2.2 | 6.9% |
| United States | 2.2 | 2.2 | 1.3 | 1.3 | -16.1% |
| Spain | 8.3 | 4.6 | 16.7 | 0.2 | -71.1% |
| Czech Republic | 4.9 | N/A | 2.2 | N/A | -33.0% |
| Others | 4.9 | 2.5 | 3.9 | 4.2 | -5.0% |
| Total | 44.4 | 30.4 | 74.4 | 63.7 | 12.8% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Morocco in 2022:
- South Korea (2116.0 units)
- Turkey (1671.0 units)
- France (1022.0 units)
- China (888.0 units)
- Taiwan (Chinese) (678.0 units)
- United Kingdom (468.0 units)
- United States (138.0 units)
- Spain (15.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco
In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -73.8% to 209 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 330% against the previous year. Over the period under review, the exports of hit record highs at 799 units in 2021, and then contracted rapidly in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped markedly to $729K in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 184% against the previous year. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 559 | 1,595 | 1,354 | 286 | -20.0% |
| Belgium | N/A | N/A | N/A | 176 | 0% |
| Spain | N/A | N/A | 57.6 | 111 | 92.7% |
| United States | N/A | N/A | N/A | 59.4 | 0% |
| Others | 58.9 | 159 | N/A | 96.9 | 18.1% |
| Total | 618 | 1,754 | 1,411 | 729 | 5.7% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Morocco in 2022:
- France (177.0 units)
- Spain (12.0 units)
- Belgium (6.0 units)
- United States (5.0 units)
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