Morocco: Household Sewing Machine Market 2024

Household Sewing Machine Market Size in Morocco

The Moroccan household sewing machine market contracted to $X in 2021, shrinking by -5.4% against the previous year. In general, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.6% against 2019 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Household Sewing Machine Production in Morocco

In value terms, household sewing machine production dropped to $X in 2021 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +7.4% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by 53%. Household sewing machine production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Household Sewing Machine Exports

Exports from Morocco

After two years of decline, overseas shipments of household sewing machines increased by 1,220% to X units in 2021. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 6,764%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, household sewing machine exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The growth pace was the most rapid in 2018 with an increase of 6,106%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mauritania (X units) was the main destination for household sewing machine exports from Morocco, accounting for a 69% share of total exports. Moreover, household sewing machine exports to Mauritania exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), sixfold. Spain (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Mauritania totaled +106.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+125.8% per year) and Spain (+6,900.0% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for household sewing machines exports from Morocco, comprising 69% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 12% share of total exports. It was followed by Spain, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania stood at +116.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+131.0% per year) and Spain (+17,081.7% per year).

Export Prices by Country

In 2021, the average household sewing machine export price amounted to $X per unit, jumping by 33% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, household sewing machine export price increased by +38.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 122%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were France ($X per unit) and Spain ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Mauritania ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

Household Sewing Machine Imports

Imports into Morocco

In 2021, overseas purchases of household sewing machines increased by 3.2% to X units, rising for the second year in a row after five years of decline. In general, imports showed pronounced growth. The growth pace was the most rapid in 2020 when imports increased by 141% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, household sewing machine imports soared to $X in 2021. Over the period under review, imports posted a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 127%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest household sewing machine supplier to Morocco, accounting for a 59% share of total imports. Moreover, household sewing machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. Italy (X units) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (+50.0% per year) and Italy (+71.4% per year).

In value terms, China ($X) constituted the largest supplier of household sewing machines to Morocco, comprising 59% of total imports. The second position in the ranking was held by India ($X), with a 19% share of total imports. It was followed by Italy, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+61.2% per year) and Italy (+77.1% per year).

Import Prices by Country

In 2021, the average household sewing machine import price amounted to $X per unit, surging by 18% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and Spain ($X per unit), while the price for China ($X per unit) and Italy ($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 (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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