Report Update Feb 1, 2025

Morocco - Hearing Aids (Excl. Parts and Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Hearing Aid Market 2022

Hearing Aid Market Size in Morocco

The Moroccan hearing aid market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption saw a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Hearing Aid Exports

Exports from Morocco

In 2021, after two years of growth, there was significant decline in overseas shipments of hearing aids (excl. parts and accessories), when their volume decreased by -96.4% to X units. Overall, exports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 1,114%. As a result, the exports attained the peak of X units, and then shrank sharply in the following year.

In value terms, hearing aid exports declined notably to $X in 2021. Over the period under review, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 576% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then dropped remarkably in the following year.

Exports by Country

Austria (X units) was the main destination for hearing aid exports from Morocco, accounting for a 77% share of total exports. Moreover, hearing aid exports to Austria exceeded the volume sent to the second major destination, the UK (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria was relatively modest.

In value terms, Austria ($X) emerged as the key foreign market for hearing aid exports from Morocco, comprising 77% of total exports. The second position in the ranking was taken by the UK ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Austria was relatively modest.

Export Prices by Country

The average hearing aid export price stood at $X per unit in 2021, increasing by 824% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Austria totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (-4.3%), while the prices for the other major destinations experienced a decline.

Hearing Aid Imports

Imports into Morocco

In 2021, after two years of decline, there was significant growth in overseas purchases of hearing aids (excl. parts and accessories), when their volume increased by 54% to X units. In general, imports posted a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hearing aid imports skyrocketed to $X in 2021. Over the period under review, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X units), Australia (X units) and Singapore (X units) were the main suppliers of hearing aid imports to Morocco, with a combined 55% share of total imports. These countries were followed by Mexico, the United States, France, Austria and China, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +40.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hearing aid suppliers to Morocco were Denmark ($X), Australia ($X) and Singapore ($X), together comprising 55% of total imports. Mexico, the United States, France, Austria and China lagged somewhat behind, together comprising a further 44%.

In terms of the main suppliers, Mexico, with a CAGR of +41.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average hearing aid import price amounted to $X per unit, approximately equating the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 16% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per unit) and Austria ($X per unit), while the price for Mexico ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.2%), 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 hearing aids (excl. parts and accessories) in the world?

The country with the largest volume of hearing aid consumption was South Africa, accounting for 36% of total volume. Moreover, hearing aid consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by China, with a 7% share.

What are the largest producers of hearing aids (excl. parts and accessories) in the world?

The country with the largest volume of hearing aid production was China, comprising approx. 41% of total volume. Moreover, hearing aid production in China exceeded the figures recorded by the second-largest producer, Poland, fivefold. The third position in this ranking was occupied by Indonesia, with a 5% share.

What are the leading suppliers of hearing aids (excl. parts and accessories) to Morocco?

In value terms, Denmark, Singapore and Australia appeared to be the largest hearing aid suppliers to Morocco, together comprising 47% of total imports. Switzerland, France, Mexico, China, Austria and the United States lagged somewhat behind, together comprising a further 49%.

What are the leading importers of hearing aids (excl. parts and accessories) from Morocco?

In value terms, Senegal remains the key foreign market for hearing aid exports from Morocco, comprising 74% of total exports. The second position in the ranking was occupied by Switzerland, with an 18% share of total exports.

What is the average export price for hearing aids (excl. parts and accessories) in Morocco?

In 2021, the average hearing aid export price amounted to $32 per unit, jumping by 51% against the previous year.

What is the average import price for hearing aids (excl. parts and accessories) in Morocco?

In 2021, the average hearing aid import price amounted to $145 per unit, waning by -13.2% against the previous year.

This report provides an in-depth analysis of the hearing aid 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 26601433 - Appliances for overcoming deafness (excluding parts and accessories)

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