Morocco: Electroplating Machine Market 2025

Electroplating Machine Market Size in Morocco

The Moroccan electroplating machine market declined significantly to $X in 2021, with a decrease of -20.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded tangible growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Electroplating Machine Exports

Exports from Morocco

In 2021, approx. X units of machines for electroplating, electrolysis or electrophoresis were exported from Morocco; dropping by -63% compared with 2020 figures. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 87%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, electroplating machine exports declined dramatically to $X in 2021. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2015 with an increase of 162%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for electroplating machine exports from Morocco, accounting for a 88% share of total exports. Moreover, electroplating machine exports to France exceeded the volume sent to the second major destination, Belgium (X units), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to -2.5%.

In value terms, France ($X) remains the key foreign market for electroplating machine exports from Morocco, comprising 92% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +2.7%.

Export Prices by Country

The average electroplating machine export price stood at $X per unit in 2021, with an increase of 13% against the previous year. In general, the export price saw a prominent increase. The growth pace was the most rapid in 2015 when the average export price increased by 127% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.3%).

Electroplating Machine Imports

Imports into Morocco

In 2021, the amount of machines for electroplating, electrolysis or electrophoresis imported into Morocco contracted sharply to X units, reducing by -42.9% against the previous year. Overall, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 856% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electroplating machine imports dropped to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 532%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X units), France (X units) and the UK (X units) were the main suppliers of electroplating machine imports to Morocco, with a combined 60% share of total imports. Italy, China, Turkey, Spain and Malaysia lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +71.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the UK ($X) and Italy ($X) appeared to be the largest electroplating machine suppliers to Morocco, with a combined 43% share of total imports.

The UK, with a CAGR of +70.3%, saw the highest rates of growth with regard to 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

The average electroplating machine import price stood at $X per unit in 2021, jumping by 60% against the previous year. Over the period under review, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 79%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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