Morocco: Market for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA 2025

Market Size for Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA in Morocco

The Moroccan market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022, jumping by 28% against the previous year. In general, consumption, however, continues to indicate a noticeable descent. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over X kVA in Morocco

In value terms, production of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA surged to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Exports from Morocco

Exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Morocco skyrocketed to X units in 2022, with an increase of 465% against the previous year. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,061%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA rose to $X in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2014 with an increase of 302% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X units) was the main destination for exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA from Morocco, with a 73% share of total exports. Moreover, exports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Cote d'Ivoire exceeded the volume sent to the second major destination, Benin (X units), sixfold. Congo (X units) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire totaled +73.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (+21.5% per year) and Congo (+25.8% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA exports from Morocco, comprising 77% of total exports. The second position in the ranking was taken by Benin ($X), with a 12% share of total exports. It was followed by Chad, with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +39.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (+1.4% per year) and Chad (+2.2% per year).

Export Prices by Country

In 2022, the average export price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA amounted to $X per unit, reducing by -81.9% against the previous year. In general, the export price showed a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 405%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Congo ($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 Chad (-9.5%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Transformers with Non-Liquid Dielectric, of Power Handling Capacity over 500 kVA

Imports into Morocco

In 2022, supplies from abroad of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA decreased by -11.5% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 21,477%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA fell significantly to $X in 2022. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 275% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), Italy (X units) and Spain (X units) were the main suppliers of imports of electrical transformers with non-liquid dielectric, of power handling capacity over X kVA to Morocco, with a combined 89% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +45.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and France ($X) were the largest electrical transformers with non-liquid dielectric, of power handling capacity over X kVA suppliers to Morocco, with a combined 90% share of total imports. China, Switzerland, Turkey and Germany lagged somewhat behind, together comprising a further 10%.

China, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for electrical transformers with non-liquid dielectric, of power handling capacity over X kVA stood at $X per unit in 2022, declining by -39.5% against the previous year. Overall, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2021 when the average import price increased by 18,231%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-6.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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