Morocco: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Morocco

The Moroccan digital data processing machine market soared to $X in 2021, rising by 39% 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). In general, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Morocco

In 2021, the amount of digital data processing machines: presented in the form of systems exported from Morocco fell remarkably to X units, waning by -28.1% compared with 2020. Overall, exports, however, saw pronounced growth. The growth pace was the most rapid in 2014 with an increase of 3,429% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, digital data processing machine exports declined remarkably to $X in 2021. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 7,272%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Togo (X units), Benin (X units) and the Netherlands (X units) were the main destinations of digital data processing machine exports from Morocco, with a combined 67% share of total exports. Guinea, France, Egypt, Burkina Faso, Gabon, Finland, Hungary and Cote d'Ivoire lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +41.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for digital data processing machine exported from Morocco were Togo ($X), the Netherlands ($X) and Hungary ($X), together comprising 55% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +29.7%, 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 2021, the average digital data processing machine export price amounted to $X per unit, declining by -7.2% against the previous year. Over the period under review, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 215% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Cote d'Ivoire ($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 Finland (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Morocco

In 2021, approx. X units of digital data processing machines: presented in the form of systems were imported into Morocco; growing by 38% against 2020 figures. Overall, imports showed resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by 69%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, digital data processing machine imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 48%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest digital data processing machine supplier to Morocco, accounting for a 89% share of total imports. Moreover, digital data processing machine imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +13.0%.

In value terms, China ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to Morocco, comprising 59% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +3.6%.

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the import price, however, saw a deep setback. The growth pace was the most rapid in 2016 when the average import price increased by 5.5% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-8.3%).

Source: IndexBox Platform

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