Morocco: Motor Grader Market 2024

Motor Grader Market Size in Morocco

The Moroccan motor grader market contracted rapidly to $X in 2022, which is down by -55.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a noticeable reduction. Motor grader consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Motor Grader Exports

Exports from Morocco

In 2022, after two years of decline, there was significant growth in shipments abroad of motor graders and levellers, when their volume increased by 100% to X units. In general, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 1,400% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, motor grader exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 950%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units), Senegal (X units) and Egypt (X units) were the main destinations of motor grader exports from Morocco, together accounting for 75% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Senegal ($X) and Cote d'Ivoire ($X) appeared to be the largest markets for motor grader exported from Morocco worldwide, together comprising 96% of total exports.

Among the main countries of destination, Senegal, with a CAGR of +12.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average motor grader export price stood at $X per unit in 2022, shrinking by -31.6% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 31% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a 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 Belgium ($X per unit), while the average price for exports to Egypt ($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 Algeria (+16.1%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Grader Imports

Imports into Morocco

In 2022, approx. X units of motor graders and levellers were imported into Morocco; declining by -54.5% on the year before. Over the period under review, imports saw a perceptible downturn. The growth pace was the most rapid in 2015 when imports increased by 77%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, motor grader imports reduced dramatically to $X in 2022. Overall, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2015 when imports increased by 34%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Brazil (X units) were the main suppliers of motor grader imports to Morocco, with a combined 80% share of total imports. Japan, Spain, France, South Korea and Belgium lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +7.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Brazil ($X) were the largest motor grader suppliers to Morocco, together comprising 82% of total imports. Japan, South Korea, Spain, France and Belgium lagged somewhat behind, together accounting for a further 18%.

South Korea, with a CAGR of +270.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, growing by 4.6% against the previous year. In general, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in 2018 an increase of 9.2% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, 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 Japan ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+270.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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