Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (CIF) - 2022
The average import price for electric motors and generators stood at $8.8 per unit in 2022, declining by -17.8% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 2.1% against the previous year. The import price peaked at $20 per unit in 2012; however, from 2013 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 China ($63 per unit), while the price for Serbia ($4.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (FOB) - 2022
The average export price for electric motors and generators stood at $281 per unit in 2022, reducing by -25.3% against the previous year. Overall, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 89% against the previous year. As a result, the export price attained the peak level of $2,321 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($978 per unit), while the average price for exports to Spain ($197 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 Italy (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco
For the fourth consecutive year, Morocco recorded growth in overseas purchases of electric motors and generators, which increased by 42% to 3M units in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 143%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of electric motors and generators surged to $27M in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.2 | 5.0 | 13.7 | 17.3 | 342.3% |
| Spain | 0.2 | 0.9 | 3.1 | 3.5 | 159.6% |
| China | 1.4 | 1.2 | 2.0 | 2.8 | 26.0% |
| Italy | 4.3 | 1.3 | 1.3 | 1.1 | -36.5% |
| Serbia | N/A | 1.3 | 1.0 | N/A | -23.1% |
| Romania | N/A | 0.7 | 0.3 | N/A | -57.1% |
| Others | 1.1 | 1.3 | 1.3 | 1.8 | 17.8% |
| Total | 7.2 | 11.6 | 22.8 | 26.5 | 54.4% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Morocco in 2022:
- France (2393.2K units)
- Spain (367.9K units)
- Italy (158.6K units)
- China (43.7K units)
- Romania (2.7K units)
- Serbia (0.1K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco
Exports of electric motors and generators from Morocco skyrocketed to 132 units in 2022, rising by 214% on the year before. Overall, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 988%. As a result, the exports reached the peak of 892 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electric motors and generators skyrocketed to $37K in 2022. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 229%. As a result, the exports reached the peak of $184K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.2 | 139 | 1.5 | 19.5 | 360.3% |
| France | 3.7 | 2.8 | 1.3 | 8.5 | 31.9% |
| Germany | 3.1 | 0.5 | 1.9 | 4.4 | 12.4% |
| Belgium | 1.6 | 1.5 | 0.9 | 2.3 | 12.9% |
| Burkina Faso | N/A | 4.0 | 0.8 | 1.3 | -43.0% |
| Cameroon | N/A | 24.8 | N/A | N/A | 0% |
| United States | 43.1 | N/A | N/A | N/A | 0% |
| Mauritania | N/A | 0.4 | 7.1 | N/A | 1675.0% |
| Others | 4.2 | 10.7 | 2.4 | 1.1 | -36.0% |
| Total | 56.0 | 184 | 15.8 | 37.1 | -12.8% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Morocco in 2022:
- Spain (99.0 units)
- France (13.0 units)
- Germany (10.0 units)
- Belgium (4.0 units)
- Burkina Faso (3.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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