Morocco: Agricultural Appliance Market 2025

Agricultural Appliance Market Size in Morocco

The Moroccan agricultural appliance market amounted to $X in 2021, increasing by 8.6% 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, the total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.8% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to see steady growth in the near future.

Agricultural Appliance Exports

Exports from Morocco

In 2021, overseas shipments of agricultural appliances increased by 26% to X units, rising for the fourth year in a row after three years of decline. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 508% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, agricultural appliance exports soared to $X in 2021. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 329%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Senegal (X units) was the main destination for agricultural appliance exports from Morocco, with a 59% share of total exports. Moreover, agricultural appliance exports to Senegal exceeded the volume sent to the second major destination, Spain (X units), threefold. France (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Senegal totaled +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+52.0% per year) and France (+20.5% per year).

In value terms, Senegal ($X) emerged as the key foreign market for agricultural appliances exports from Morocco, comprising 50% of total exports. The second position in the ranking was held by France ($X), with a 22% share of total exports. It was followed by Spain, with a 13% share.

From 2012 to 2021, the average annual growth rate of value to Senegal totaled +57.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+27.2% per year) and Spain (+54.3% per year).

Export Prices by Country

In 2021, the average agricultural appliance export price amounted to $X per unit, growing by 27% against the previous year. In general, the export price enjoyed a mild expansion. The growth pace was the most rapid in 2015 an increase of 75% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Nigeria ($X per unit), while the average price for exports to Spain ($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 Mauritania (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Agricultural Appliance Imports

Imports into Morocco

In 2021, agricultural appliance imports into Morocco stood at X units, remaining stable against 2020. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +24.6% against 2017 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 28% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, agricultural appliance imports rose notably to $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.4% against 2012 indices. The most prominent rate of growth was recorded in 2016 with an increase of 22%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Spain (X units) constituted the largest agricultural appliance supplier to Morocco, accounting for a 63% share of total imports. Moreover, agricultural appliance imports from Spain exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Turkey (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.2% per year) and Turkey (+21.5% per year).

In value terms, Spain ($X) constituted the largest supplier of agricultural appliances to Morocco, comprising 60% of total imports. The second position in the ranking was held by France ($X), with a 23% share of total imports. It was followed by Turkey, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Spain totaled +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+7.0% per year) and Turkey (+20.3% per year).

Import Prices by Country

The average agricultural appliance import price stood at $X per unit in 2021, rising by 11% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform