Morocco: Market for Parts Of Harvester And Threshers 2025

Market Size for Parts Of Harvester And Threshers in Morocco

The Moroccan market for parts of harvester and threshers surged to $X in 2021, jumping by 146% 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). Over the period under review, consumption continues to indicate noticeable growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Exports of Parts Of Harvester And Threshers

Exports from Morocco

In 2021, shipments abroad of parts of harvester and threshers decreased by -99.1% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by 909% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, parts of harvester and threshers exports reduced sharply to $X in 2021. In general, exports showed a deep contraction. The growth pace was the most rapid in 2019 with an increase of 1,016% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X units), Canada (X units) and Mauritania (X units) were the main destinations of parts of harvester and threshers exports from Morocco, with a combined 0.6% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of -22.6%), while the other leaders experienced a decline.

In value terms, Australia ($X) emerged as the key foreign market for parts of harvester and threshers exports from Morocco, comprising 0.5% of total exports. The second position in the ranking was held by Canada ($X), with a 0.2% share of total exports. It was followed by Italy, with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at -34.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-26.0% per year) and Italy (-47.0% per year).

Export Prices by Country

In 2021, the average export price for parts of harvester and threshers amounted to $X per unit, dropping by -39% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2013 an increase of 38%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Mauritania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Parts Of Harvester And Threshers

Imports into Morocco

Parts of harvester and threshers imports into Morocco surged to X units in 2021, growing by 144% against the previous year. Overall, imports saw notable growth. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, parts of harvester and threshers imports soared to $X in 2021. Over the period under review, imports posted a temperate increase. The pace of growth appeared the most rapid in 2017 when imports increased by 95%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Turkey (X units), India (X units) and China (X units) were the main suppliers of parts of harvester and threshers imports to Morocco, with a combined 80% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +13.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), France ($X) and Spain ($X) were the largest parts of harvester and threshers suppliers to Morocco, with a combined 61% share of total imports.

Turkey, with a CAGR of +16.4%, 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

The average import price for parts of harvester and threshers stood at $X per unit in 2021, declining by -24.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2015 an increase of 48%. The import price peaked at $X per unit in 2020, and then fell dramatically in the following year.

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 France ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform