Report Update Nov 1, 2024

Morocco - Heat Exchange Units - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Heat Exchange Unit Market 2024

Heat Exchange Unit Exports

Exports from Morocco

In 2022, exports of heat exchange units from Morocco skyrocketed to X units, growing by 229% on 2021. In general, exports, however, showed a abrupt downturn. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, heat exchange unit exports surged to $X in 2022. Overall, exports, however, saw a deep reduction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for heat exchange unit exports from Morocco, with a 65% share of total exports. Moreover, heat exchange unit exports to France exceeded the volume sent to the second major destination, Tunisia (X units), threefold. The third position in this ranking was taken by Mauritania (X units), with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled -15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+91.2% per year) and Mauritania (+15.0% per year).

In value terms, France ($X) emerged as the key foreign market for heat exchange units exports from Morocco, comprising 57% of total exports. The second position in the ranking was held by Tunisia ($X), with a 20% share of total exports. It was followed by Mauritania, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value to France stood at -13.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+115.0% per year) and Mauritania (+20.2% per year).

Export Prices by Country

The average heat exchange unit export price stood at $X per unit in 2022, rising by 4.2% against the previous year. Overall, the export price recorded a measured expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Spain ($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 Tunisia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Heat Exchange Unit Imports

Imports into Morocco

After two years of growth, overseas purchases of heat exchange units decreased by -49.1% to X units in 2022. Over the period under review, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2014 when imports increased by 255% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, heat exchange unit imports reduced notably to $X in 2022. Overall, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of 258% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

France (X units), India (X units) and China (X units) were the main suppliers of heat exchange unit imports to Morocco, together accounting for 58% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +20.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest heat exchange unit suppliers to Morocco were France ($X), India ($X) and the United States ($X), with a combined 53% share of total imports. Italy, China, Germany, South Korea and Spain lagged somewhat behind, together accounting for a further 31%.

China, with a CAGR of +21.7%, 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

In 2022, the average heat exchange unit import price amounted to $X per unit, surging by 15% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, heat exchange unit import price increased by +44.7% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 43%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), 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 heat exchange units in the world?

The countries with the highest volumes of in 2021 were China, the United States and Turkey, with a combined 45% share of global consumption.

What are the largest producers of heat exchange units in the world?

China remains the largest heat exchange unit producing country worldwide, comprising approx. 25% of total volume. Moreover, heat exchange unit production in China exceeded the figures recorded by the second-largest producer, India, threefold. Italy ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of heat exchange units to Morocco?

In value terms, the largest heat exchange unit suppliers to Morocco were China, France and South Korea, together accounting for 57% of total imports. Italy, India, Sweden, Germany, Hungary, Belgium and Turkey lagged somewhat behind, together comprising a further 31%.

What are the leading importers of heat exchange units from Morocco?

In value terms, Senegal remains the key foreign market for heat exchange unit exports from Morocco, comprising 46% of total exports. The second position in the ranking was occupied by Belgium, with a 19% share of total exports. It was followed by Germany, with a 13% share.

What is the average export price for heat exchange units in Morocco?

The average heat exchange unit export price stood at $267 per unit in 2021, increasing by 40% against the previous year.

What is the average import price for heat exchange units in Morocco?

In 2021, the average heat exchange unit import price amounted to $239 per unit, surging by 5.6% against the previous year.

This report provides an in-depth analysis of the heat exchange unit 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 28251130 - Heat exchange units

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023