Morocco - Brakes and Servo-Brakes - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMorocco: Brakes And Servo-Brakes Market 2025
Brakes And Servo-Brakes Market Size in Morocco
In 2022, the Moroccan brakes and servo-brakes market decreased by -5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption posted a significant expansion. Over the period under review, the market reached the peak level at $X in 2021, and then reduced modestly in the following year.
Brakes And Servo-Brakes Exports
Exports from Morocco
In 2022, after three years of decline, there was significant growth in overseas shipments of brakes and servo-brakes, when their volume increased by 9.8% to X tons. Overall, exports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 95%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.
In value terms, brakes and servo-brakes exports declined significantly to $X in 2022. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 135%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Exports by Country
Italy (X tons), France (X tons) and Spain (X tons) were the main destinations of brakes and servo-brakes exports from Morocco, with a combined 97% share of total exports.
From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +38.0%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for brakes and servo-brakes exported from Morocco were France ($X), Italy ($X) and Spain ($X), together accounting for 97% of total exports. These countries were followed by Cote d'Ivoire, which accounted for a further 0.7%.
Cote d'Ivoire, with a CAGR of +47.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average brakes and servo-brakes export price stood at $X per ton in 2022, shrinking by -30.1% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2018 when the average export price increased by 38% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Brakes And Servo-Brakes Imports
Imports into Morocco
In 2022, the amount of brakes and servo-brakes imported into Morocco expanded sharply to X tons, growing by 8.8% against the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 143%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, brakes and servo-brakes imports declined to $X in 2022. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 158% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then reduced slightly in the following year.
Imports by Country
In 2022, Spain (X tons) constituted the largest brakes and servo-brakes supplier to Morocco, with a 46% share of total imports. Moreover, brakes and servo-brakes imports from Spain exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The third position in this ranking was taken by Portugal (X tons), with an 8.9% share.
From 2015 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +33.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+29.8% per year) and Portugal (+295.6% per year).
In value terms, Spain ($X), Portugal ($X) and Slovakia ($X) appeared to be the largest brakes and servo-brakes suppliers to Morocco, with a combined 51% share of total imports.
In terms of the main suppliers, Slovakia, with a CAGR of +713.5%, saw the highest growth rate of the value of imports, 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 brakes and servo-brakes import price amounted to $X per ton, which is down by -12.6% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 26% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the brakes and servo-brakes market 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 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
Recommended reports
This report provides an in-depth analysis of the brakes and servo-brakes market in Asia.
This report provides an in-depth analysis of the brakes and servo-brakes market in the U.S..
This report provides an in-depth analysis of the brakes and servo-brakes market in China.
This report provides an in-depth analysis of the brakes and servo-brakes market in the EU.
This report provides an in-depth analysis of the global brakes and servo-brakes market.