Morocco: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in Morocco

In 2022, the Moroccan continuous-action elevators and conveyors market was finally on the rise to reach $X after three years of decline. In general, consumption, however, recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Continuous-Action Elevators And Conveyors

Exports from Morocco

In 2022, exports of continuous-action elevators and conveyors from Morocco dropped markedly to X units, with a decrease of X% compared with the previous year. Over the period under review, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, continuous-action elevators and conveyors exports contracted sharply to $X in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X units), Tunisia (X units) and Cote d'Ivoire (X units) were the main destinations of continuous-action elevators and conveyors exports from Morocco, with a combined X% share 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 Tunisia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for continuous-action elevators and conveyors exported from Morocco were Tunisia ($X), Cote d'Ivoire ($X) and Burkina Faso ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Tunisia, with a CAGR of X%, recorded 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

The average continuous-action elevators and conveyors export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Slovakia ($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 Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into Morocco

In 2022, overseas purchases of continuous-action elevators and conveyors increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, continuous-action elevators and conveyors imports soared to $X in 2022. Overall, imports posted a modest increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Canada (X units) constituted the largest continuous-action elevators and conveyors supplier to Morocco, with a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from Canada exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Turkey (X% per year).

In value terms, the largest continuous-action elevators and conveyors suppliers to Morocco were Germany ($X), China ($X) and Spain ($X), together comprising X% of total imports. Italy, Turkey, Poland, Singapore, Portugal, Canada, Austria, Slovakia, Romania and South Korea lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Poland, with a CAGR of X%, 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

In 2022, the average continuous-action elevators and conveyors import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a resilient increase. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X,699 per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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