Morocco: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports from Morocco

In 2022, overseas shipments of central heating boilers, for producing hot water or low pressure steam increased by 6,887% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam soared to $X in 2022. In general, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Guinea (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Morocco, accounting for a 72% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to Guinea exceeded the volume sent to the second major destination, Mauritania (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Guinea amounted to +336.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (-8.0% per year) and Senegal (-29.9% per year).

In value terms, Guinea ($X) emerged as the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from Morocco, comprising 91% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 7.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Guinea amounted to +359.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (-9.2% per year) and Senegal (-30.9% per year).

Export Prices by Country

The average export price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, rising by 18% against the previous year. Over the period under review, the export price recorded a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 162%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($X per unit), while the average price for exports to Senegal ($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 Guinea (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports into Morocco

After four years of growth, supplies from abroad of central heating boilers, for producing hot water or low pressure steam decreased by -59.6% to X units in 2022. Overall, imports, however, posted temperate growth. The pace of growth was the most pronounced in 2020 when imports increased by 52%. Over the period under review, imports of reached the maximum at X units in 2021, and then reduced sharply in the following year.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam declined rapidly to $X in 2022. In general, imports, however, showed measured growth. The pace of growth was the most pronounced in 2020 when imports increased by 120%. Over the period under review, imports of attained the peak figure at $X in 2021, and then reduced sharply in the following year.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Morocco, with a 52% share of total imports. Moreover, imports of central heating boilers, for producing hot water or low pressure steam from Italy exceeded the figures recorded by the second-largest supplier, France (X units), threefold. The third position in this ranking was taken by Turkey (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.6% per year) and Turkey (+20.1% per year).

In value terms, Italy ($X) constituted the largest supplier of central heating boilers, for producing hot water or low pressure steam to Morocco, comprising 52% of total imports. The second position in the ranking was held by Portugal ($X), with an 11% share of total imports. It was followed by France, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-1.2% per year) and France (-8.0% per year).

Import Prices by Country

In 2022, the average import price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, reducing by -31.8% against the previous year. In general, the import price, however, continues to indicate pronounced growth. The pace of growth appeared the most rapid in 2021 an increase of 48%. As a result, import price reached the peak level of $X per unit, and then reduced dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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