Morocco - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Morocco - 2022
Contents:
- Ride-On Compaction Equipment Price in Morocco (CIF) - 2022
- Ride-On Compaction Equipment Price in Morocco (FOB) - 2022
- Ride-On Compaction Equipment Imports in Morocco
- Ride-On Compaction Equipment Exports in Morocco
Ride-On Compaction Equipment Price in Morocco (CIF) - 2022
The average ride-on compaction equipment import price stood at $44,782 per unit in December 2022, flattening at the previous month. In general, import price indicated prominent growth from December 2021 to December 2022: its price increased at an average monthly rate of +9.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, ride-on compaction equipment import price decreased by -0.0% against November 2022 indices. The growth pace was the most rapid in January 2022 an increase of 187% against the previous month. The import price peaked at $44,786 per unit in July 2022; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Italy ($50,709 per unit) and the Czech Republic ($44,785 per unit), while the price for France ($44,763 per unit) and Sweden ($44,763 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Ride-On Compaction Equipment Price in Morocco (FOB) - 2022
In 2022, the average ride-on compaction equipment export price amounted to $29,486 per unit, falling by -6.8% against the previous year. Overall, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 an increase of 994%. The export price peaked at $40,632 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Belgium ($51,540 per unit), while the average price for exports to Libya ($1,768 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 Angola (+29.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Imports in Morocco
In 2022, the amount of ride-on compaction equipment imported into Morocco declined dramatically to 185 units, waning by -59.9% against the previous year. Overall, imports showed a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 33%. As a result, imports reached the peak of 461 units, and then declined remarkably in the following year.
In value terms, ride-on compaction equipment imports fell sharply to $8M in 2022. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $13M, and then shrank sharply in the following year.
Import of Ride-On Compaction Equipment in Morocco (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,845 | 1,782 | 3,235 | 2,737 | 14.0% |
Germany | 3,171 | 2,646 | 2,757 | 1,569 | -20.9% |
Spain | 1,706 | 2,488 | 2,787 | 1,064 | -14.6% |
Czech Republic | 320 | 967 | 1,028 | 945 | 43.5% |
France | 431 | 1,111 | 1,236 | 398 | -2.6% |
Italy | 353 | 304 | 384 | 280 | -7.4% |
India | 1,063 | 214 | 180 | 212 | -41.6% |
Sweden | 625 | 370 | 274 | 133 | -40.3% |
Bulgaria | N/A | 24.4 | 36.8 | 87.1 | 88.9% |
United Kingdom | 1,524 | 513 | 2.4 | 5.1 | -85.0% |
Netherlands | 521 | 39.6 | 134 | N/A | -49.3% |
Others | 365 | 562 | 540 | 523 | 12.7% |
Total | 11,924 | 11,021 | 12,595 | 7,951 | -12.6% |
Top Suppliers of Ride-On Compaction Equipment to Morocco in 2022:
- China (61.0 units)
- Germany (35.0 units)
- Spain (24.0 units)
- Czech Republic (21.0 units)
- France (9.0 units)
- Italy (6.0 units)
- India (5.0 units)
- Bulgaria (5.0 units)
- Sweden (3.0 units)
- United Kingdom (1.0 units)
Ride-On Compaction Equipment Exports in Morocco
In 2022, ride-on compaction equipment exports from Morocco totaled 19 units, leveling off at the previous year's figure. Over the period under review, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 90%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, ride-on compaction equipment exports dropped to $560K in 2022. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 171% against the previous year. As a result, the exports attained the peak of $601K, and then contracted in the following year.
Export of Ride-On Compaction Equipment in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guinea | N/A | N/A | 17.1 | 217 | 1169.0% |
Angola | N/A | N/A | N/A | 121 | 0% |
Cameroon | 46.6 | N/A | 128 | 96.5 | 27.5% |
Belgium | N/A | N/A | N/A | 51.5 | 0% |
Cote d'Ivoire | N/A | N/A | 168 | 28.9 | -82.8% |
Senegal | N/A | N/A | N/A | 13.7 | 0% |
Benin | N/A | N/A | 24.6 | 12.5 | -49.2% |
Niger | N/A | N/A | N/A | 9.5 | 0% |
Egypt | N/A | N/A | N/A | 7.7 | 0% |
Libya | N/A | N/A | N/A | 1.8 | 0% |
Gabon | N/A | 125 | N/A | N/A | 0% |
United Kingdom | 211 | N/A | N/A | N/A | 0% |
Mali | N/A | N/A | 204 | N/A | 0% |
Others | 107 | 95.9 | 59.1 | N/A | -25.7% |
Total | 365 | 221 | 601 | 560 | 15.3% |
Top Export Markets for Ride-On Compaction Equipment from Morocco in 2022:
- Guinea (7.0 units)
- Angola (3.0 units)
- Cameroon (2.0 units)
- Libya (1.0 units)
- Egypt (1.0 units)
- Senegal (1.0 units)
- Belgium (1.0 units)
- Niger (1.0 units)
- Cote d'Ivoire (1.0 units)
- Benin (1.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28922400 - Ride-on compaction equipment and the like
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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