Morocco: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Morocco

The Moroccan non-electrical lamp market rose rapidly to $X in 2021, growing by 6.1% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 decreased by -9.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Non-Electrical Lamp Production in Morocco

In value terms, non-electrical lamp production rose sharply to $X in 2021 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% 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 decreased by -9.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 85% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Non-Electrical Lamp Exports

Exports from Morocco

In 2021, shipments abroad of non-electrical lamps and lighting fittings was finally on the rise to reach X units after two years of decline. Overall, total exports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp exports skyrocketed to $X in 2021. Over the period under review, exports posted buoyant growth. The growth pace was the most rapid in 2017 with an increase of 111%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), France (X units) and the United Arab Emirates (X units) were the main destinations of non-electrical lamp exports from Morocco, with a combined 44% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +66.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-electrical lamps and lighting fittings exports from Morocco, comprising 25% of total exports. The second position in the ranking was held by France ($X), with a 9.2% share of total exports. It was followed by Denmark, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+4.2% per year) and Denmark (+52.7% per year).

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2021, picking up by 13% against the previous year. Overall, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-electrical lamp export price decreased by -42.2% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electrical Lamp Imports

Imports into Morocco

In 2021, supplies from abroad of non-electrical lamps and lighting fittings increased by 12% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -14.3% against 2018 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 40% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, non-electrical lamp imports soared to $X in 2021. Over the period under review, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2016 with an increase of 41% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest non-electrical lamp supplier to Morocco, accounting for a 61% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. India (X units) ranked third in terms of total imports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+16.7% per year) and India (+26.7% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Morocco, comprising 47% of total imports. The second position in the ranking was taken by France ($X), with a 20% share of total imports. It was followed by Portugal, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+7.4% per year) and Portugal (+17.1% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, growing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% 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 remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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