Report Update Nov 1, 2024

Morocco - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Crawler Tractor Market 2024

Crawler Tractor Market Size in Morocco

The Moroccan crawler tractor market declined dramatically to $X in 2021, reducing by -29.8% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Crawler Tractor Production in Morocco

In value terms, crawler tractor production soared to $X in 2021 estimated in export price. In general, production, however, showed a abrupt decline. Crawler tractor production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Crawler Tractor Exports

Exports from Morocco

In 2021, the amount of crawler tractors exported from Morocco skyrocketed to X units, growing by 20% on 2020. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 67% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, crawler tractor exports contracted notably to $X in 2021. Overall, exports, however, faced a sharp reduction. The most prominent rate of growth was recorded in 2017 with an increase of 47%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X units) was the main destination for crawler tractor exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Mauritania stood at +8.0%.

In value terms, Mauritania ($X) also remains the key foreign market for crawler tractors exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania totaled -5.4%.

Export Prices by Country

In 2021, the average crawler tractor export price amounted to $X per unit, dropping by -33.2% against the previous year. In general, the export price saw a precipitous setback. The pace of growth appeared the most rapid in 2014 an increase of 60% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Mauritania amounted to -12.5% per year.

Crawler Tractor Imports

Imports into Morocco

In 2021, approx. X units of crawler tractors were imported into Morocco; waning by -60.7% on the previous year's figure. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 11,000% against the previous year. As a result, imports reached the peak of X units, and then shrank remarkably in the following year.

In value terms, crawler tractor imports fell notably to $X in 2021. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 96,895%. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2021, Japan (X units) constituted the largest crawler tractor supplier to Morocco, accounting for a 55% share of total imports. Moreover, crawler tractor imports from Japan exceeded the figures recorded by the second-largest supplier, India (X units), twofold. The third position in this ranking was taken by the United States (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled +70.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+42.5% per year) and the United States (+30.1% per year).

In value terms, the largest crawler tractor suppliers to Morocco were the United States ($X), Japan ($X) and India ($X), with a combined 98% share of total imports.

Among the main suppliers, the United States, with a CAGR of +108.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average crawler tractor import price stood at $X per unit in 2021, declining by -36.8% against the previous year. In general, the import price, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 904%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, 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 the United States ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+57.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crawler tractors in the world?

The countries with the highest volumes of in 2021 were Japan, Italy and the Netherlands, together accounting for 32% of global consumption. These countries were followed by Germany, Iraq, Australia, Russia, Nepal, Romania, Belarus and the United States, which together accounted for a further 25%.

What are the largest producers of crawler tractors in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Italy, with a combined 66% share of global production.

What are the leading suppliers of crawler tractors to Morocco?

In value terms, the United States, Japan and India were the largest crawler tractor suppliers to Morocco, with a combined 96% share of total imports.

What are the leading importers of crawler tractors from Morocco?

In value terms, Mauritania remains the key foreign market for crawler tractor exports from Morocco.

What is the average export price for crawler tractors in Morocco?

The average crawler tractor export price stood at $9,554 per unit in 2021, falling by -12.7% against the previous year.

What is the average import price for crawler tractors in Morocco?

In 2021, the average crawler tractor import price amounted to $12,410 per unit, increasing by 36% against the previous year.

This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors

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