Morocco: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA 2025

Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA in Morocco

The Moroccan market for electrical transformers with liquid dielectric, of power handling capacity under X kVA surged to $X in 2022, increasing by 894% against the previous year. Overall, consumption, however, continues to indicate a slight contraction. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under X kVA in Morocco

In value terms, production of electrical transformers with liquid dielectric, of power handling capacity under X kVA expanded rapidly to $X in 2022 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.2% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 40%. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Exports from Morocco

In 2022, overseas shipments of electrical transformers with liquid dielectric, of power handling capacity under X kVA decreased by -44.8% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 870%. As a result, the exports attained the peak of X units, and then dropped dramatically in the following year.

In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA dropped significantly to $X in 2022. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2016 when exports increased by 41%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for exports of electrical transformers with liquid dielectric, of power handling capacity under X kVA from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +33.4%.

In value terms, France ($X) also remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity under X kVA exports from Morocco.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled -1.3%.

Export Prices by Country

The average export price for electrical transformers with liquid dielectric, of power handling capacity under X kVA stood at $X per unit in 2022, growing by 14% against the previous year. Overall, the export price, however, showed a significant curtailment. The growth pace was the most rapid in 2018 an increase of 32% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -26.0% per year.

Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity under 1 kVA

Imports into Morocco

In 2022, after six years of growth, there was significant decline in purchases abroad of electrical transformers with liquid dielectric, of power handling capacity under X kVA, when their volume decreased by -38.1% to X units. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 320%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA rose modestly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 71% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity under X kVA to Morocco, accounting for a 41% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity under X kVA from Italy exceeded the figures recorded by the second-largest supplier, France (X units), twofold. China (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.5% per year) and China (+9.0% per year).

In value terms, the largest electrical transformers with liquid dielectric, of power handling capacity under X kVA suppliers to Morocco were Italy ($X), China ($X) and Spain ($X), with a combined 71% share of total imports. France, Turkey, Germany and Tunisia lagged somewhat behind, together comprising a further 21%.

Tunisia, with a CAGR of +56.8%, recorded the highest growth rate of the value of imports, among 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 import price for electrical transformers with liquid dielectric, of power handling capacity under X kVA stood at $X per unit in 2022, with an increase of 66% against the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 152%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Spain ($X per unit), while the price for Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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