Report Update Nov 1, 2024

Morocco - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in Morocco

In 2021, the Moroccan metal broaching machine market decreased by -15.7% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a deep downturn. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Broaching Machine Exports

Exports from Morocco

In 2021, overseas shipments of broaching machines for working metal decreased by 0% to X units for the first time since 2018, thus ending a two-year rising trend. In general, exports posted significant growth. The growth pace was the most rapid in 2016 when exports increased by 400%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, metal broaching machine exports contracted rapidly to $X in 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 614%. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

France (X units) was the main destination for metal broaching machine exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +35.1%.

In value terms, France ($X) also remains the key foreign market for broaching machines for working metal exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled +32.0%.

Export Prices by Country

The average metal broaching machine export price stood at $X per unit in 2021, which is down by -44% against the previous year. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then dropped notably in the following year.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -2.3% per year.

Metal Broaching Machine Imports

Imports into Morocco

In 2021, supplies from abroad of broaching machines for working metal decreased by -13.9% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 371%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, metal broaching machine imports declined notably to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 272% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the UK (X units) constituted the largest supplier of metal broaching machine to Morocco, accounting for a 74% share of total imports. Moreover, metal broaching machine imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.5% per year) and Italy (+20.7% per year).

In value terms, the UK ($X) constituted the largest supplier of broaching machines for working metal to Morocco, comprising 78% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by China, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK totaled +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+97.7% per year) and China (+37.3% per year).

Import Prices by Country

The average metal broaching machine import price stood at $X per unit in 2021, which is down by -3.3% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal broaching machine import price decreased by -12.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 83% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Mexico, with a combined 65% share of global consumption.

What are the largest producers of broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and the UK, together comprising 84% of global production.

What are the leading suppliers of broaching machines for working metal to Morocco?

In value terms, the UK constituted the largest supplier of metal broaching machine to Morocco, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with a 12% share of total imports. It was followed by France, with an 8.7% share.

What are the leading importers of broaching machines for working metal from Morocco?

In value terms, France remains the key foreign market for metal broaching machine exports from Morocco.

What is the average export price for broaching machines for working metal in Morocco?

In 2021, the average metal broaching machine export price amounted to $8,292 per unit, increasing by 5.2% against the previous year.

What is the average import price for broaching machines for working metal in Morocco?

The average metal broaching machine import price stood at $1,315 per unit in 2021, dropping by -23.3% against the previous year.

This report provides an in-depth analysis of the metal broaching machine market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412410 - Broaching machines for working metal

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023