Morocco: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Morocco

The Moroccan market for electric generating sets and rotary converters reduced to $X in 2020, falling 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). In general, consumption, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2020, consumption failed to regain the momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from Morocco

In 2020, overseas shipments of electric generating sets and rotary converters decreased by -X% to X units, falling for the second year in a row after three years of growth. Overall, exports, however, showed tangible growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports reached the maximum at X units in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters shrank markedly to $X in 2020. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Mauritania (X units), Senegal (X units) and Togo (X units) were the main destinations of exports of electric generating sets and rotary converters from Morocco, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Togo, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Togo ($X) and Mauritania ($X) constituted the largest markets for electric generating set and rotary converter exported from Morocco worldwide, together accounting for X% of total exports. These countries were followed by Yemen, Libya, Cote d'Ivoire, Guinea, Congo, Burkina Faso, Turkey and Gabon, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, increasing by X% against the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Mauritania ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Morocco

In 2020, overseas purchases of electric generating sets and rotary converters decreased by -X% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters rose rapidly to $X in 2020. In general, imports, however, saw a strong increase. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of electric generating set and rotary converter to Morocco, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. The third position in this ranking was occupied by Spain (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Spain (-X% per year).

In value terms, Denmark ($X) constituted the largest supplier of electric generating set and rotary converter to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Denmark stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and France (-X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, increasing by X% against the previous year. In general, the import price enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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