Morocco: Non-Electric Air Heater Market 2024

Non-Electric Air Heater Market Size in Morocco

After two years of decline, the Moroccan non-electric air heater market increased by 107% to $X in 2022. Overall, consumption, however, recorded a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Non-Electric Air Heater Exports

Exports from Morocco

In 2022, exports of non-electric air heaters or hot air distributors from Morocco surged to X units, growing by 1,988% against 2021 figures. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electric air heater exports skyrocketed to $X in 2022. In general, exports recorded buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 429% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Senegal (X units) was the main destination for non-electric air heater exports from Morocco, accounting for a 70% share of total exports. Moreover, non-electric air heater exports to Senegal exceeded the volume sent to the second major destination, Mauritania (X units), threefold. Cote d'Ivoire (X units) ranked third in terms of total exports with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal stood at +18.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+31.2% per year) and Cote d'Ivoire (-25.5% per year).

In value terms, Senegal ($X) emerged as the key foreign market for non-electric air heaters or hot air distributors exports from Morocco, comprising 78% of total exports. The second position in the ranking was held by Mauritania ($X), with an 11% share of total exports. It was followed by Cote d'Ivoire, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Senegal amounted to +39.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+26.9% per year) and Cote d'Ivoire (-54.6% per year).

Export Prices by Country

The average non-electric air heater export price stood at $X per unit in 2022, with a decrease of -81.7% against the previous year. Over the period under review, the export price saw a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 195% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Cote d'Ivoire ($X per unit), while the average price for exports to Mauritania ($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 Senegal (+17.9%), while the prices for the other major destinations experienced a decline.

Non-Electric Air Heater Imports

Imports into Morocco

In 2022, the amount of non-electric air heaters or hot air distributors imported into Morocco skyrocketed to X units, growing by 82% compared with 2021 figures. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 with an increase of 167% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, non-electric air heater imports skyrocketed to $X in 2022. Overall, imports, however, showed a deep setback. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest non-electric air heater supplier to Morocco, with a 43% share of total imports. Moreover, non-electric air heater imports from Italy exceeded the figures recorded by the second-largest supplier, France (X units), twofold. Spain (X units) ranked third in terms of total imports with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled -5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.9% per year) and Spain (-4.3% per year).

In value terms, the largest non-electric air heater suppliers to Morocco were Italy ($X), France ($X) and the Netherlands ($X), with a combined 71% share of total imports.

The Netherlands, with a CAGR of +61.6%, saw the highest growth rate of the value of imports, in terms of 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 non-electric air heater import price amounted to $X per unit, increasing by 48% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric air heater import price increased by +52.1% against 2020 indices. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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