Weaving Machines (Looms) Price in Morocco - 2022
Contents:
- Weaving Machines (Looms) Price in Morocco (CIF) - 2022
- Weaving Machines (Looms) Price in Morocco (FOB) - 2022
- Weaving Machines (Looms) Imports in Morocco
- Weaving Machines (Looms) Exports in Morocco
Weaving Machines (Looms) Price in Morocco (CIF) - 2022
The average weaving machines (looms) import price stood at $17,402 per unit in 2022, reducing by -30.1% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2018 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $37,195 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($80,408 per unit), while the price for France ($5,307 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Morocco (FOB) - 2022
The average weaving machines (looms) export price stood at $15,140 per unit in 2022, rising by 36% against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95% against the previous year. As a result, the export price reached the peak level of $15,446 per unit. From 2018 to 2022, the average export prices remained 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 India ($22,474 per unit), while the average price for exports to Poland ($816 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 Libya (+27.2%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Morocco
In 2022, imports of weaving machines (looms)s into Morocco skyrocketed to 1.1K units, increasing by 256% compared with the previous year. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) imports surged to $19M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Weaving Machines (Looms) in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | N/A | 2.4 | 7.9 | 197.5% |
| China | 0.1 | 1.4 | 0.6 | 7.5 | 321.7% |
| Italy | 0.2 | 0.7 | 1.1 | 1.1 | 76.5% |
| Switzerland | 0.3 | 0.4 | 0.3 | 0.9 | 44.2% |
| Austria | 0.4 | 0.1 | 2.3 | 0.4 | 0.0% |
| France | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Others | 1.6 | 1.5 | 0.8 | 1.2 | -9.1% |
| Total | 2.9 | 4.4 | 7.6 | 19.0 | 87.1% |
Top Suppliers of Weaving Machines (Looms) to Morocco in 2022:
- China (499.0 units)
- Belgium (433.0 units)
- Italy (59.0 units)
- Switzerland (21.0 units)
- Austria (16.0 units)
- France (9.0 units)
Weaving Machines (Looms) Exports in Morocco
Weaving machines (looms) exports from Morocco skyrocketed to 190 units in 2022, growing by 71% compared with the previous year's figure. Over the period under review, exports saw a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) exports soared to $2.9M in 2022. Overall, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 983 | 11.9 | 21.7 | 1,612 | 17.9% |
| India | 208 | 118 | 476 | 809 | 57.3% |
| Libya | N/A | N/A | N/A | 369 | 0% |
| Italy | 190 | N/A | 12.1 | 83.1 | -24.1% |
| Poland | N/A | N/A | N/A | 2.4 | 0% |
| Senegal | 70.6 | N/A | 4.8 | N/A | -73.9% |
| France | 87.0 | 78.1 | 42.9 | N/A | -29.8% |
| Egypt | 226 | 231 | 40.3 | N/A | -57.8% |
| Iran | N/A | N/A | 41.5 | N/A | 0% |
| Pakistan | N/A | 100 | 595 | N/A | 495.0% |
| Others | 47.1 | 5.0 | 1.5 | 1.2 | -70.6% |
| Total | 1,812 | 544 | 1,236 | 2,877 | 16.7% |
Top Export Markets for Weaving Machines (Looms) from Morocco in 2022:
- Turkey (109.0 units)
- India (36.0 units)
- Libya (32.0 units)
- Italy (8.0 units)
- Poland (3.0 units)
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