Report Update Nov 1, 2024

Morocco - Numerically Controlled Drilling Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Morocco

After four years of growth, the Moroccan numerically controlled drilling machine market decreased by -65.7% to $X in 2021. Overall, consumption saw a abrupt decrease. Numerically controlled drilling machine consumption peaked at $X in 2020, and then reduced markedly in the following year.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports from Morocco

In 2020, after two years of decline, there was decline in overseas shipments of numerically controlled drilling machines for working metal, when their volume decreased by 0% to X kg. In general, exports recorded a significant increase. The smallest decline of 99.9% was in 2018. The exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, numerically controlled drilling machine exports totaled $X in 2020. Overall, exports enjoyed a strong increase. The smallest decline of 99.9% was in 2018. Over the period under review, the exports hit record highs in 2020 and are likely to see steady growth in the near future.

Exports by Country

Nigeria (X kg) was the main destination for numerically controlled drilling machine exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Nigeria was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Nigeria was relatively modest.

Export Prices by Country

The average numerically controlled drilling machine export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Overall, the export price saw a abrupt descent. The growth pace was the most rapid in 2018 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Spain amounted to +12.0% per year.

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports into Morocco

In 2021, overseas purchases of numerically controlled drilling machines for working metal decreased by -56.6% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by 559%. Imports peaked at X tons in 2020, and then declined rapidly in the following year.

In value terms, numerically controlled drilling machine imports fell rapidly to $X in 2021. In general, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of 807%. Imports peaked at $X in 2020, and then dropped remarkably in the following year.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest numerically controlled drilling machine supplier to Morocco, with a 43% share of total imports. Moreover, numerically controlled drilling machine imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.9% per year) and Taiwan (Chinese) (+41.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of numerically controlled drilling machines for working metal to Morocco, comprising 57% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports. It was followed by Taiwan (Chinese), with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.0% per year) and Taiwan (Chinese) (+20.1% per year).

Import Prices by Country

The average numerically controlled drilling machine import price stood at $X per ton in 2021, dropping by -40.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 48%. As a result, import price attained the peak level of $X per ton, and then fell significantly in the following year.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.3%), 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 numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the United States and Taiwan Chinese), together accounting for 33% of global consumption.

What are the largest producers of numerically controlled drilling machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, the Netherlands and the United States, with a combined 32% share of global production.

What are the leading suppliers of numerically controlled drilling machines for working metal to Morocco?

In value terms, the Netherlands constituted the largest supplier of numerically controlled drilling machine to Morocco, comprising 62% of total imports. The second position in the ranking was occupied by Turkey, with a 12% share of total imports. It was followed by France, with a 6.6% share.

What is the average export price for numerically controlled drilling machines for working metal in Morocco?

The average numerically controlled drilling machine export price stood at $7,705 per ton in 2020, almost unchanged from the previous year.

What is the average import price for numerically controlled drilling machines for working metal in Morocco?

The average numerically controlled drilling machine import price stood at $13,356 per ton in 2021, declining by -16.4% against the previous year.

This report provides an in-depth analysis of the market for numerically controlled drilling machine 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 28412213 - Numerically controlled drilling machines for working metal (excluding way-type unit head machines)

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