Morocco: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Morocco

In 2022, after six years of growth, there was significant decline in the Moroccan electric oven and cooker market, when its value decreased by -21.5% to $X. Overall, consumption, however, continues to indicate prominent growth. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Morocco

In 2022, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -57.9% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 518% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, electric oven and cooker exports reduced remarkably to $X in 2022. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2017 when exports increased by 594% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Mauritania (X units) was the main destination for electric oven and cooker exports from Morocco, with a 51% share of total exports. Moreover, electric oven and cooker exports to Mauritania exceeded the volume sent to the second major destination, Algeria (X units), threefold. The third position in this ranking was taken by Libya (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania stood at +61.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-44.3% per year) and Libya (+63.9% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Morocco, comprising 51% of total exports. The second position in the ranking was held by Algeria ($X), with a 15% share of total exports. It was followed by Libya, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania stood at +59.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-41.7% per year) and Libya (+68.0% per year).

Export Prices by Country

In 2022, the average electric oven and cooker export price amounted to $X per unit, waning by -6.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 17%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($X per unit), while the average price for exports to Turkey ($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 Algeria (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Morocco

In 2022, the amount of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters imported into Morocco declined notably to X units, falling by -28.1% on the previous year's figure. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of X units, and then shrank significantly in the following year.

In value terms, electric oven and cooker imports reduced sharply to $X in 2022. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 83%. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, Turkey (X units) constituted the largest electric oven and cooker supplier to Morocco, with a 57% share of total imports. Moreover, electric oven and cooker imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Poland (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.0% per year) and Poland (+17.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Morocco, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 16% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at +15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.5% per year) and Poland (+17.1% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, growing by 9.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and Poland ($X per unit), while the price for Germany ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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