Morocco: Electric Radiator Market 2025

Electric Radiator Market Size in Morocco

The Moroccan electric radiator market rose markedly to $X in 2021, growing by 14% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +88.3% against 2016 indices. Electric radiator consumption peaked in 2021 and is expected to retain growth in the near future.

Electric Radiator Production in Morocco

In value terms, electric radiator production stood at $X in 2021 estimated in export price. Overall, production saw buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by 42%. Electric radiator production peaked at $X in 2019; afterwards, it flattened through to 2021.

Electric Radiator Exports

Exports from Morocco

In 2021, overseas shipments of electric radiators and convection heaters increased by 35% to X units, rising for the third consecutive year after six years of decline. Overall, exports, however, showed a dramatic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 3,976%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric radiator exports surged to $X in 2021. Over the period under review, exports, however, saw a significant curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 7,286%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units), Senegal (X units) and Bulgaria (X units) were the main destinations of electric radiator exports from Morocco, with a combined 52% share of total exports. These countries were followed by Mauritania, China, Spain, Libya, Italy, Algeria and the United Arab Emirates, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Libya (with a CAGR of +14.3%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Mauritania ($X) and China ($X) appeared to be the largest markets for electric radiator exported from Morocco worldwide, together accounting for 51% of total exports. Bulgaria, France, Libya, Spain, Italy, Algeria and the United Arab Emirates lagged somewhat behind, together accounting for a further 42%.

Libya, with a CAGR of +49.3%, saw the highest growth rate of the value of exports, among 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

The average electric radiator export price stood at $X per unit in 2021, falling by -12.1% against the previous year. Over the period under review, the export price, however, continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 84% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to France ($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 Bulgaria (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Radiator Imports

Imports into Morocco

In 2021, purchases abroad of electric radiators and convection heaters was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric radiator imports soared to $X in 2021. In general, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest electric radiator supplier to Morocco, with a 88% share of total imports. Moreover, electric radiator imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The third position in this ranking was held by Spain (X units), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.0% per year) and Spain (+4.6% per year).

In value terms, China ($X) constituted the largest supplier of electric radiators and convection heaters to Morocco, comprising 79% of total imports. The second position in the ranking was held by Turkey ($X), with a 12% share of total imports. It was followed by Spain, with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+19.3% per year) and Spain (+3.7% per year).

Import Prices by Country

The average electric radiator import price stood at $X per unit in 2021, dropping by -29.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 16% against the previous year. The import price peaked at $X per unit in 2020, and then reduced notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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