Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $38,601 per unit, jumping by 68% against the previous year. Over the period under review, the import price continues to indicate measured growth. The pace of growth appeared the most rapid in 2018 an increase of 265% against the previous year. The import price peaked 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 China ($44,848 per unit), while the price for Italy ($23,727 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+64.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (FOB) - 2022
The average export price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $23,855 per unit in 2022, picking up by 785% against the previous year. In general, the export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 an increase of 1,574%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Portugal.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +76.5% per year.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses imported into Morocco surged to 81 units, increasing by 138% on 2021. In general, imports, however, showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year. As a result, imports attained the peak of 1.3K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses surged to $3.1M in 2022. Over the period under review, imports, however, recorded a sharp shrinkage. Imports peaked at $34M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 24.7 | N/A | 1.6 | -32.1% |
| Turkey | 0.6 | 0.2 | N/A | 1.4 | 32.6% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 4.8 | 3.2 | 0.6 | N/A | -64.6% |
| Thailand | 0.6 | 0.5 | N/A | N/A | -16.7% |
| Italy | 0.1 | 4.8 | N/A | N/A | 4700.0% |
| Others | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Total | 11.4 | 33.7 | 0.8 | 3.1 | -35.2% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Morocco in 2022:
- Turkey (40.0 units)
- China (36.0 units)
- Italy (2.0 units)
- India (2.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Morocco dropped remarkably to 1 units, which is down by -66.7% compared with 2021. Overall, exports continue to indicate a dramatic shrinkage. Over the period under review, the exports of attained the maximum at 3 units in 2021, and then fell significantly in the following year.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $24K in 2022. In general, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Portugal | N/A | 23.9 | 0% | ||
| Spain | 6.8 | N/A | 0% | ||
| France | 1.2 | N/A | 0% | ||
| Tunisia | 0.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 8.1 | 23.9 | 195.1% | ||
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Morocco in 2022:
- Portugal (1.0 units)
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