The Moroccan market for pulley tackle and hoists powered by an electric motor contracted to $X in 2021, which is down by -X% 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, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.
Overseas shipments of electric motor-driven pulley blocks and hoists increased by X% to X units in 2021, rising for the fourth year in a row after two years of decline. Overall, exports showed a relatively stable trend pattern. The most notable growth rate was in 2018, with an increase of X%. During the reporting period, the volume of exports reached a maximum of X units in 2015; however, from 2016 to 2021, exports decreased in value.
In terms of value, in 2021, the export of electric pulley blocks and cranes soared to X US dollars. Exports showed significant growth during the period under review. The growth rate was most notable in 2019, with an increase of X% compared to the previous year. As a result, exports peaked at $X. From 2020 to 2021, the momentum of export growth failed to resume.
Senegal (X unidades), Sudan (X unidades) y España (X units) were the main destinations for Marruecos's electric block and crane exports.
From 2012 to 2021, the largest growth will be in Sudan (+X% CAGR), while shipments of other leaders will show a mixed trend. The largest markets for motor driven block and cranes exported by Morocco in terms of value are Senegal ($X), Sudan ($X) and Spain ($X, +X% CAGR), during the reporting period, Among the main destination countries, the growth rate of export value was the highest, while the transportation of other major countries showed a mixed trend.
In 2021, the number of imported motor-driven pulley blocks and cranes in Morocco will drop to X units, a decrease of -X% from the previous year. Overall, total imports have increased significantly from 2012 to 2021: over the past nine years, imports have grown at an average annual rate of +X%. However, the trend pattern shows that some notable fluctuations were recorded throughout the analysis period. Based on 2021 figures, imports are up +X% compared to the 2019 index. 2014 saw the fastest growth, with an increase of X% compared to the previous year. Thus, imports peak at X units. From 2015 to 2021, the import growth rate will remain at a low level.
In terms of value, in 2021, imports of electric pulley blocks and cranes fell to X dollars. Overall, import trends are relatively flat. 2018 saw the fastest growth, with imports up X% over the previous year. In 2014, imports peaked at $X; however, from 2015 to 2021, imports decreased slightly.
Finlandia (X unidades), Italia (X unidades) y Francia (X units) are the main suppliers of electric pulley blocks and cranes imported to Morocco, together accounting for X% of the total imports. China, Alemania, Spain and Bélgica are slightly behind, plus X growth from 2012 to 2021, with Belgium seeing the largest growth (+X% CAGR), while the other leaders are purchasing more modestly.
The largest pulley blocks and electric hoists in Morocco by value are powered by motor suppliers, respectively Finland ($X), Italy ($X) and Germany ($X, together representing X% of total imports). It is closely followed by are France, Spain, China and Belgium, which together account for an additional X countries. Among the major suppliers, Belgium recorded a CAGR of +X%, with the highest growth rate in import value during the reporting period, while the others National procurement growth rates were relatively modest.
In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Morocco were Finland, Italy and Germany, with a combined 56% share of total imports. These countries were followed by France, Spain, China and Belgium, which together accounted for a further 39%.
In value terms, the largest markets for pulley tackle and hoists powered by an electric motor exported from Morocco were Senegal, Sudan and Spain.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $383 per unit, surging by 7.6% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $23 per unit, surging by 6.5% against the previous year.
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