Report Update Jan 1, 2025

Morocco - Electric Water Heaters and Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Electric Water Heater Market 2025

Electric Water Heater Market Size in Morocco

After two years of growth, the Moroccan electric water heater market decreased by -17.6% to $X in 2022. In general, consumption, however, posted a remarkable increase. Electric water heater consumption peaked at $X in 2021, and then shrank rapidly in the following year.

Electric Water Heater Exports

Exports from Morocco

In 2022, after two years of decline, there was significant growth in overseas shipments of electric water heaters and immersion heaters, when their volume increased by 20% to X units. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 476%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electric water heater exports skyrocketed to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 534%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Mali (X units), Mauritania (X units) and New Caledonia (X units) were the main destinations of electric water heater exports from Morocco, with a combined 68% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mali (with a CAGR of +117.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric water heater exported from Morocco were Mali ($X), Mauritania ($X) and New Caledonia ($X), together accounting for 74% of total exports.

Mali, with a CAGR of +181.0%, 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 2022, the average electric water heater export price amounted to $X per unit, growing by 76% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 178%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($X per unit), while the average price for exports to the United Arab Emirates ($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 Bulgaria (+45.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Water Heater Imports

Imports into Morocco

In 2022, supplies from abroad of electric water heaters and immersion heaters decreased by -38.9% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 41%. Imports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, electric water heater imports declined modestly to $X in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 30%. Over the period under review, imports hit record highs at $X in 2021, and then dropped slightly in the following year.

Imports by Country

Bulgaria (X units), Italy (X units) and Egypt (X units) were the main suppliers of electric water heater imports to Morocco, with a combined 88% share of total imports. China, the United Arab Emirates, Turkey, France and Spain lagged somewhat behind, together accounting for a further 8.7%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +65.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Italy ($X) and Egypt ($X) constituted the largest electric water heater suppliers to Morocco, together comprising 88% of total imports. China, the United Arab Emirates, Turkey, France and Spain lagged somewhat behind, together comprising a further 8.7%.

The United Arab Emirates, with a CAGR of +64.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric water heater import price stood at $X per unit in 2022, rising by 56% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and the United Arab Emirates ($X per unit), while the price for France ($X per unit) and Egypt ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric water heaters and immersion heaters in the world?

The countries with the highest volumes of in 2021 were China, South Africa and India, with a combined 85% share of global consumption.

What are the largest producers of electric water heaters and immersion heaters in the world?

The country with the largest volume of electric water heater production was China, comprising approx. 78% of total volume. Moreover, electric water heater production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Brazil, with a 1.8% share.

What are the leading suppliers of electric water heaters and immersion heaters to Morocco?

In value terms, Bulgaria, Italy and Egypt constituted the largest electric water heater suppliers to Morocco, together comprising 86% of total imports.

What are the leading importers of electric water heaters and immersion heaters from Morocco?

In value terms, Mauritania remains the key foreign market for electric water heater exports from Morocco, comprising 47% of total exports. The second position in the ranking was occupied by Cameroon, with a 17% share of total exports. It was followed by Guinea, with a 16% share.

What is the average export price for electric water heaters and immersion heaters in Morocco?

In 2021, the average electric water heater export price amounted to $93 per unit, which is down by -18.7% against the previous year.

What is the average import price for electric water heaters and immersion heaters in Morocco?

The average electric water heater import price stood at $47 per unit in 2021, growing by 4.4% against the previous year.

This report provides an in-depth analysis of the electric water heater market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512530 - Electric instantaneous water heaters
Prodcom 27512550 -
Prodcom 27512570 -
Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024