Report Update Nov 1, 2024

Morocco - Lifting, Handling, Loading or Unloading Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Loading Machinery Market 2024

Loading Machinery Exports

Exports from Morocco

For the third consecutive year, Morocco recorded decline in shipments abroad of lifting, handling, loading or unloading machinery, which decreased by -42.4% to X units in 2022. In general, exports saw a abrupt setback. The growth pace was the most rapid in 2013 when exports increased by 217%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, loading machinery exports shrank dramatically to $X in 2022. Overall, exports, however, saw a mild expansion. The pace of growth was the most pronounced in 2017 when exports increased by 159% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for loading machinery exports from Morocco, accounting for a 64% share of total exports. Moreover, loading machinery exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Senegal (X units), fourfold. The third position in this ranking was taken by Mauritania (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire stood at +71.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+20.7% per year) and Mauritania (+8.6% per year).

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for lifting, handling, loading or unloading machinery exports from Morocco, comprising 74% of total exports. The second position in the ranking was held by Senegal ($X), with a 13% share of total exports. It was followed by Mauritania, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire totaled +73.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+24.1% per year) and Mauritania (+10.2% per year).

Export Prices by Country

The average loading machinery export price stood at $X per unit in 2022, with a decrease of -10.2% against the previous year. Over the period under review, the export price, however, saw a prominent increase. The growth pace was the most rapid in 2020 an increase of 115% against the previous year. The export price peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Spain ($X 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 Mali (+755.9%), while the prices for the other major destinations experienced more modest paces of growth.

Loading Machinery Imports

Imports into Morocco

In 2022, imports of lifting, handling, loading or unloading machinery into Morocco rose markedly to X units, growing by 15% on the year before. In general, imports showed a modest increase. The most prominent rate of growth was recorded in 2013 when imports increased by 196%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, loading machinery imports fell modestly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 331% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X units), France (X units) and China (X units) were the main suppliers of loading machinery imports to Morocco, with a combined 69% share of total imports. The United States, Italy, the Netherlands, Belgium and Germany lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +16.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest loading machinery suppliers to Morocco were France ($X), Spain ($X) and China ($X), together accounting for 61% of total imports.

In terms of the main suppliers, China, with a CAGR of +19.7%, saw the highest growth rate of 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 loading machinery import price stood at $X per unit in 2022, declining by -14.5% against the previous year. Overall, the import price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57%. As a result, import price attained the peak level of $X per unit. From 2020 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 ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), 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 lifting, handling, loading or unloading machinery in the world?

The countries with the highest volumes of loading machinery consumption in 2020 were China, the United States and India, together accounting for 50% of global consumption. Japan, Hungary, Germany, Mexico, France, Australia, South Korea and Ethiopia lagged somewhat behind, together comprising a further 20%.

What are the largest producers of lifting, handling, loading or unloading machinery in the world?

The country with the largest volume of loading machinery production was China, comprising approx. 35% of total volume. Moreover, loading machinery production in China exceeded the figures recorded by the second-largest producer, India, fourfold. Germany ranked third in terms of total production with an 8.2% share.

What are the leading suppliers of lifting, handling, loading or unloading machinery to Morocco?

In value terms, the largest loading machinery suppliers to Morocco were France, China and Spain, together comprising 45% of total imports. Italy, Turkey, Germany, Romania and the United States lagged somewhat behind, together comprising a further 45%.

What are the leading importers of lifting, handling, loading or unloading machinery from Morocco?

In value terms, the largest markets for loading machinery exported from Morocco were Austria, Cameroon and Poland, with a combined 80% share of total exports. These countries were followed by Cote d'Ivoire, Germany, Spain and Senegal, which together accounted for a further 18%.

What is the average export price for lifting, handling, loading or unloading machinery in Morocco?

The average loading machinery export price stood at $356 per unit in 2020, increasing by 115% against the previous year.

What is the average import price for lifting, handling, loading or unloading machinery in Morocco?

The average loading machinery import price stood at $331 per unit in 2020, waning by -36% against the previous year.

This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
Prodcom 28221850 - Loading machinery specially designed for agricultural use

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