Price for Winches and Capstans; Not Powered by an Electric Motor in Morocco - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Morocco (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Morocco (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Morocco
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Morocco
Price for Winches and Capstans; Not Powered by an Electric Motor in Morocco (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $588 per unit, waning by -27.5% against the previous year. In general, the import price saw a pronounced setback. The growth pace was the most rapid in 2019 an increase of 85%. The import price peaked at $812 per unit in 2021, and then declined sharply in the following year.
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 Italy ($6,202 per unit), while the price for China ($173 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in Morocco (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $528 per unit, growing by 3% against the previous year. Overall, the export price, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 225% against the previous year. The export price peaked at $901 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($1,306 per unit), while the average price for exports to Cameroon ($290 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 Romania (+642.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Morocco
In 2022, approx. 1.8K units of winches and capstans; not powered by an electric motors were imported into Morocco; which is down by -29.1% compared with 2021 figures. Over the period under review, imports recorded a deep setback. The smallest decline of -15.7% was in 2021. Over the period under review, imports of attained the peak figure at 3K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of winches and capstans; not powered by an electric motors shrank rapidly to $1.1M in 2022. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $2M, and then contracted remarkably in the following year.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 272 | 315 | 802 | 313 | 4.8% |
| Italy | 132 | 385 | 397 | 211 | 16.9% |
| France | 426 | 376 | 219 | 198 | -22.5% |
| China | 226 | 112 | 123 | 165 | -10.0% |
| Germany | 44.2 | 17.6 | 62.2 | 62.8 | 12.4% |
| Turkey | 196 | 2.1 | 23.3 | 17.2 | -55.6% |
| Romania | 6.4 | 23.0 | 276 | N/A | 556.7% |
| Others | 237 | 396 | 147 | 85.4 | -28.8% |
| Total | 1,539 | 1,626 | 2,049 | 1,053 | -11.9% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Morocco in 2022:
- China (956.0 units)
- France (615.0 units)
- Spain (87.0 units)
- Italy (34.0 units)
- Germany (32.0 units)
- Turkey (10.0 units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Morocco
In 2022, the amount of winches and capstans; not powered by an electric motors exported from Morocco totaled 89 units, increasing by 7.2% on the previous year's figure. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 361% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, exports of winches and capstans; not powered by an electric motors expanded notably to $47K in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,399%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.1 | N/A | 0.1 | 21.7 | 500.9% |
| Oman | N/A | N/A | 7.1 | 19.6 | 176.1% |
| Senegal | 0.1 | 2.4 | 20.2 | 2.5 | 192.4% |
| Romania | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Cameroon | 0.9 | N/A | 0.3 | 0.3 | -30.7% |
| Benin | N/A | N/A | 1.3 | N/A | 0% |
| Cote d'Ivoire | 2.2 | N/A | N/A | N/A | 0% |
| Guinea | 0.1 | N/A | 2.4 | N/A | 389.9% |
| Mali | 0.9 | N/A | 0.8 | N/A | -5.7% |
| Germany | 0.7 | N/A | 0.6 | N/A | -7.4% |
| Portugal | 7.0 | 0.2 | 6.7 | N/A | -2.2% |
| Denmark | 0.9 | N/A | 1.4 | N/A | 24.7% |
| Netherlands | 1.2 | N/A | 0.5 | N/A | -35.5% |
| Others | 2.5 | N/A | 0.9 | 2.1 | -5.6% |
| Total | 16.5 | 2.8 | 42.5 | 47.0 | 41.8% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Morocco in 2022:
- Spain (65.0 units)
- Oman (15.0 units)
- Senegal (5.0 units)
- Romania (2.0 units)
- Cameroon (1.0 units)
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