Report Update Nov 1, 2024

Morocco - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Industrial Bakery Machinery Market 2024

Industrial Bakery Machinery Exports

Exports from Morocco

In 2022, the amount of industrial bakery machinery exported from Morocco reduced dramatically to X units, dropping by -97% compared with the previous year's figure. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2019 when exports increased by 5,485%. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, industrial bakery machinery exports fell significantly to $X in 2022. In general, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 1,783%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Mauritania (X units), Mali (X units) and Libya (X units) were the main destinations of industrial bakery machinery exports from Morocco, together comprising 72% of total exports. Moreover, industrial bakery machinery exports in Mauritania exceeded the figures recorded by the second-largest exporter, Mali, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mali (with a CAGR of +8.0%), while the other leaders experienced more modest paces of growth.

In value terms, Mali ($X) emerged as the key foreign market for industrial bakery machinery exports from Morocco, comprising 48% of total exports. The second position in the ranking was held by Spain ($X), with a 19% share of total exports. It was followed by Mauritania, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Mali amounted to +26.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+1.5% per year) and Mauritania (+3.6% per year).

Export Prices by Country

The average industrial bakery machinery export price stood at $X per unit in 2022, increasing by 281% against the previous year. Overall, the export price showed a remarkable increase. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per unit), while the average price for exports to Libya ($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 Spain (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Bakery Machinery Imports

Imports into Morocco

For the third consecutive year, Morocco recorded growth in overseas purchases of industrial bakery machinery, which increased by 1.8% to X units in 2022. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by 67% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, industrial bakery machinery imports rose slightly to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 84% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest industrial bakery machinery supplier to Morocco, accounting for a 46% share of total imports. Moreover, industrial bakery machinery imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Turkey (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +25.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.8% per year) and Turkey (+14.8% per year).

In value terms, Italy ($X) constituted the largest supplier of industrial bakery machinery to Morocco, comprising 57% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Turkey, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +24.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.6% per year) and Turkey (+14.5% per year).

Import Prices by Country

The average industrial bakery machinery import price stood at $X per unit in 2022, stabilizing at the previous year. Over the period under review, the import price, however, showed a pronounced shrinkage. The pace of growth was the most pronounced in 2014 an increase of 58%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained 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 Denmark ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for industrial bakery machinery in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together comprising 85% of global consumption.

What are the largest producers of industrial bakery machinery in the world?

China remains the largest industrial bakery machinery producing country worldwide, comprising approx. 77% of total volume. Moreover, industrial bakery machinery production in China exceeded the figures recorded by the second-largest producer, Italy, more than tenfold. The third position in this ranking was occupied by India, with a 2.5% share.

What are the leading suppliers of industrial bakery machinery to Morocco?

In value terms, Italy, France and China appeared to be the largest industrial bakery machinery suppliers to Morocco, with a combined 68% share of total imports. These countries were followed by Germany, Turkey, the Netherlands and Egypt, which together accounted for a further 14%.

What are the leading importers of industrial bakery machinery from Morocco?

In value terms, Equatorial Guinea remains the key foreign market for industrial bakery machinery exports from Morocco, comprising 67% of total exports. The second position in the ranking was occupied by Mauritania, with an 8.4% share of total exports. It was followed by Spain, with a 2.4% share.

What is the average export price for industrial bakery machinery in Morocco?

The average industrial bakery machinery export price stood at $1,298 per unit in 2021, remaining constant against the previous year.

What is the average import price for industrial bakery machinery in Morocco?

The average industrial bakery machinery import price stood at $679 per unit in 2021, reducing by -20.2% against the previous year.

This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)

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