Morocco: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in Morocco

The Moroccan centrifugal clothes-dryer market declined to $X in 2021, falling by -5.3% against the previous year. Over the period under review, consumption continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the market value increased by 2.6%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Production in Morocco

In value terms, centrifugal clothes-dryer production shrank to $X in 2021 estimated in export price. In general, production saw a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by 6.9% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Centrifugal Clothes-Dryer Exports

Exports from Morocco

In 2021, after two years of decline, there was significant decline in overseas shipments of centrifugal clothes-dryers, when their volume decreased by -50% to X units. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 680% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, centrifugal clothes-dryer exports amounted to $X in 2021. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 380% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Guinea (X units) was the main destination for centrifugal clothes-dryer exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Guinea was relatively modest.

In value terms, Guinea ($X) emerged as the key foreign market for centrifugal clothes-dryers exports from Morocco, comprising 74% of total exports. The second position in the ranking was held by Mauritania ($X), with a 7.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Guinea totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (-5.9% per year) and Spain (-15.8% per year).

Export Prices by Country

In 2021, the average centrifugal clothes-dryer export price amounted to $X per unit, growing by 118% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 227%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Mauritania ($X per unit), while the average price for exports to Spain ($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 Guinea (+48.0%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into Morocco

Centrifugal clothes-dryer imports into Morocco contracted dramatically to X units in 2021, dropping by -16.5% against the previous year. In general, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 87% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer imports shrank dramatically to $X in 2021. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of 111%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Turkey (X units) and the United Arab Emirates (X units) were the main suppliers of centrifugal clothes-dryer imports to Morocco, together comprising 80% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +30.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Turkey ($X), China ($X) and the United Arab Emirates ($X) appeared to be the largest centrifugal clothes-dryer suppliers to Morocco, with a combined 55% share of total imports.

In terms of the main suppliers, China, with a CAGR of +25.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average centrifugal clothes-dryer import price stood at $X per unit in 2021, which is down by -24.1% against the previous year. Over the period under review, the import price showed a perceptible descent. The pace of growth was the most pronounced in 2018 an increase of 83%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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