Morocco: Combined Refrigerator-Freezer Market 2025

Combined Refrigerator-Freezer Market Size in Morocco

The Moroccan combined refrigerator-freezer market contracted rapidly to $X in 2022, with a decrease of -25.3% 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). Overall, consumption, however, continues to indicate a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced notably in the following year.

Combined Refrigerator-Freezer Exports

Exports from Morocco

In 2022, the amount of combined refrigerators-freezers exported from Morocco soared to X units, increasing by 36% compared with 2021 figures. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 483% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, combined refrigerator-freezer exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by 439%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Gabon (X units), Cote d'Ivoire (X units) and Mauritania (X units) were the main destinations of combined refrigerator-freezer exports from Morocco, together comprising 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +65.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for combined refrigerator-freezer exported from Morocco were Gabon ($X), Cote d'Ivoire ($X) and Mauritania ($X), together comprising 94% of total exports.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of +79.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, declining by -1.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 365%. Over the period under review, the average export prices reached the peak figure 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 Tunisia ($X per unit), while the average price for exports to Guinea ($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 Cameroon (+45.2%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into Morocco

In 2022, the amount of combined refrigerators-freezers imported into Morocco declined sharply to X units, shrinking by -43.8% against the previous year's figure. Overall, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 115%. Over the period under review, imports reached the maximum at X units in 2021, and then declined markedly in the following year.

In value terms, combined refrigerator-freezer imports dropped remarkably to $X in 2022. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 63%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

Turkey (X units), Poland (X units) and Romania (X units) were the main suppliers of combined refrigerator-freezer imports to Morocco, together comprising 67% of total imports. India, Thailand, Egypt, Portugal, China, Indonesia, Spain and South Korea lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +112.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest combined refrigerator-freezer suppliers to Morocco were Turkey ($X), Poland ($X) and Romania ($X), together accounting for 67% of total imports. India, Thailand, Egypt, Portugal, China, Indonesia, Spain and South Korea lagged somewhat behind, together comprising a further 29%.

In terms of the main suppliers, Portugal, with a CAGR of +115.0%, saw the highest rates of growth with regard to 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

The average combined refrigerator-freezer import price stood at $X per unit in 2022, surging by 49% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and China ($X per unit), while the price for Indonesia ($X per unit) and Portugal ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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