Report Update Nov 1, 2024

Morocco - Concrete or Mortar Mixers - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Concrete Mixer Market 2024

Concrete Mixer Market Size in Morocco

The Moroccan concrete mixer market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concrete Mixer Exports

Exports from Morocco

In 2021, approx. X units of concrete or mortar mixers were exported from Morocco; increasing by 205% compared with 2020. In general, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,036%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concrete mixer exports surged to $X in 2021. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 303%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X units), Congo (X units) and Angola (X units) were the main destinations of concrete mixer exports from Morocco, with a combined 64% share of total exports. These countries were followed by Senegal, Mauritania, Egypt and Benin, which together accounted for a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Benin (with a CAGR of +7,800.0%), while the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) remains the key foreign market for concrete or mortar mixers exports from Morocco, comprising 41% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 15% share of total exports. It was followed by Mauritania, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to Angola stood at +43.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+14.9% per year) and Mauritania (+19.2% per year).

Export Prices by Country

The average concrete mixer export price stood at $X per unit in 2021, rising by 19% against the previous year. Over the period under review, the export price, however, showed a slight downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 136% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Angola ($X per unit), while the average price for exports to Congo ($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 Angola (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Mixer Imports

Imports into Morocco

In 2021, supplies from abroad of concrete or mortar mixers increased by 46% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a slight decline. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concrete mixer imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest concrete mixer supplier to Morocco, with a 35% share of total imports. Moreover, concrete mixer imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. The third position in this ranking was held by Turkey (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-13.2% per year) and Turkey (+2.1% per year).

In value terms, Italy ($X) constituted the largest supplier of concrete or mortar mixers to Morocco, comprising 42% of total imports. The second position in the ranking was taken by Turkey ($X), with a 13% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+2.4% per year) and Spain (-14.2% per year).

Import Prices by Country

The average concrete mixer import price stood at $X per unit in 2021, surging by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2018 an increase of 18% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concrete or mortar mixers in the world?

China remains the largest concrete mixer consuming country worldwide, comprising approx. 21% of total volume. Moreover, concrete mixer consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8% share.

What are the largest producers of concrete or mortar mixers in the world?

The country with the largest volume of concrete mixer production was China, accounting for 29% of total volume. Moreover, concrete mixer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of concrete or mortar mixers to Morocco?

In value terms, Italy constituted the largest supplier of concrete mixer to Morocco, comprising 53% of total imports. The second position in the ranking was occupied by Turkey, with a 20% share of total imports. It was followed by Spain, with a 9.5% share.

What are the leading importers of concrete or mortar mixers from Morocco?

In value terms, Senegal, Guinea and Mali constituted the largest markets for concrete mixer exported from Morocco worldwide, together comprising 79% of total exports. Burkina Faso and Djibouti lagged somewhat behind, together accounting for a further 18%.

What is the average export price for concrete or mortar mixers in Morocco?

The average concrete mixer export price stood at $154 per unit in 2020, dropping by -41.6% against the previous year.

What is the average import price for concrete or mortar mixers in Morocco?

The average concrete mixer import price stood at $234 per unit in 2020, surging by 9.4% against the previous year.

This report provides an in-depth analysis of the concrete mixer 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 28924050 - Concrete or mortar mixers

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023