Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $105 per unit in 2022, waning by -3.4% against the previous year. Overall, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 21%. Over the period under review, average import prices reached the maximum at $199 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($354 per unit), while the price for China ($33 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $352 per unit in 2022, with an increase of 51% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tools; for working in the hand, pneumatic, other than rotary type increased by +75.5% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($681 per unit), while the average price for exports to Spain ($40 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 Portugal (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco
In 2022, approx. 28K units of tools; for working in the hand, pneumatic, other than rotary type were imported into Morocco; with an increase of 27% on the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type surged to $2.9M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 467 | 382 | 585 | 670 | 12.8% |
| Spain | 367 | 373 | 358 | 606 | 18.2% |
| France | 350 | 251 | 159 | 270 | -8.3% |
| Germany | 75.5 | 118 | 303 | 196 | 37.4% |
| Italy | 190 | 159 | 144 | 178 | -2.2% |
| United Kingdom | 152 | 140 | 105 | 128 | -5.6% |
| Taiwan (Chinese) | 139 | 126 | 117 | 122 | -4.3% |
| India | 116 | 62.3 | 72.5 | 100 | -4.8% |
| Portugal | 130 | 31.9 | 43.4 | 38.7 | -33.2% |
| Sweden | 93.7 | 95.2 | 121 | 17.7 | -42.6% |
| Saudi Arabia | N/A | 7.2 | N/A | N/A | 0% |
| Others | 413 | 228 | 381 | 602 | 13.4% |
| Total | 2,494 | 1,974 | 2,389 | 2,929 | 5.5% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Morocco in 2022:
- China (20.6K units)
- Spain (2.0K units)
- France (0.9K units)
- Germany (0.7K units)
- Italy (0.6K units)
- Taiwan (Chinese) (0.4K units)
- United Kingdom (0.4K units)
- India (0.3K units)
- Portugal (0.1K units)
- Sweden (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco
In 2022, the amount of tools; for working in the hand, pneumatic, other than rotary type exported from Morocco surged to 245 units, with an increase of 46% compared with 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $86K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 14.2 | 19.8 | 23.8 | 46.3 | 48.3% |
| Mauritania | 0.3 | 0.1 | 1.1 | 9.4 | 215.3% |
| Switzerland | 2.1 | 2.8 | 3.2 | 6.8 | 47.9% |
| France | 0.3 | 0.2 | 0.3 | 4.2 | 141.0% |
| Gabon | 1.2 | 1.7 | 2.1 | 4.0 | 49.4% |
| Congo | 0.4 | 0.7 | 1.1 | 3.8 | 111.8% |
| Belgium | 0.1 | 0.1 | 0.1 | 3.5 | 227.1% |
| Germany | 1.3 | 0.9 | 1.3 | 2.9 | 30.7% |
| Senegal | 0.3 | 0.2 | 2.0 | 1.6 | 74.7% |
| Portugal | N/A | 1.3 | N/A | 0.7 | -26.6% |
| Spain | 0.7 | 0.2 | 1.3 | 0.3 | -24.6% |
| Mali | 1.8 | 1.1 | 0.6 | 0.2 | -51.9% |
| China | N/A | 2.5 | N/A | N/A | 0% |
| Others | 2.0 | 5.1 | 2.4 | 2.4 | 6.3% |
| Total | 24.7 | 36.7 | 39.3 | 86.3 | 51.7% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Morocco in 2022:
- Cote d'Ivoire (119.0 units)
- Mauritania (34.0 units)
- France (14.0 units)
- Switzerland (10.0 units)
- Congo (10.0 units)
- Gabon (10.0 units)
- Belgium (9.0 units)
- Germany (8.0 units)
- Spain (8.0 units)
- Portugal (5.0 units)
- Senegal (5.0 units)
- Mali (1.0 units)
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