Morocco: Accumulator Market 2025

Accumulator Market Size in Morocco

The Moroccan accumulator market reduced to $X in 2022, shrinking by X% 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 resilient expansion. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Accumulator Exports

Exports from Morocco

For the eighth consecutive year, Morocco recorded growth in overseas shipments of electric accumulators, which increased by X% to X units in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, accumulator exports soared to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Germany (X units), Spain (X units) and France (X units) were the main destinations of accumulator exports from Morocco, together comprising X% of total exports. Mauritania, Jordan, Lebanon, Cote d'Ivoire, Libya and Senegal lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for accumulator exported from Morocco were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total exports. Mauritania, Jordan, Lebanon, Cote d'Ivoire, Libya and Senegal lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Lebanon, with a CAGR of X%, recorded the highest rates of growth with regard to 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 accumulator export price stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($X per unit) and Cote d'Ivoire ($X per unit), while the average price for exports to Germany ($X per unit) and Mauritania ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Accumulator Imports

Imports into Morocco

In 2022, after three years of growth, there was significant decline in supplies from abroad of electric accumulators, when their volume decreased by X% to X units. Overall, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, accumulator imports declined slightly to $X in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced slightly in the following year.

Imports by Country

China (X units), Spain (X units) and France (X units) were the main suppliers of accumulator imports to Morocco, with a combined X% share of total imports. Turkey, Italy, Germany, the UK and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest accumulator suppliers to Morocco were Spain ($X), China ($X) and Turkey ($X), with a combined X% share of total imports. France, Italy, Germany, the UK and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the UK, 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

The average accumulator import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, accumulator import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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