Morocco: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2025

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Morocco

In 2021, the Moroccan non-electronic hydro- and hygrometers market decreased by -7.7% to $X for the first time since 2015, thus ending a five-year rising trend. Over the period under review, consumption, however, saw a noticeable increase. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports from Morocco

In 2021, the amount of non-electronic hydro-, hygro-, psychrometers exported from Morocco soared to X units, increasing by 523% on the previous year. Over the period under review, exports posted significant growth. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electronic hydro- and hygrometers exports skyrocketed to $X in 2021. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 1,735%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for non-electronic hydro- and hygrometers exports from Morocco, accounting for a 63% share of total exports. Moreover, non-electronic hydro- and hygrometers exports to France exceeded the volume sent to the second major destination, Sudan (X units), sixfold. Mauritania (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +56.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+41.7% per year) and Mauritania (+46.7% per year).

In value terms, France ($X) remains the key foreign market for non-electronic hydro-, hygro-, psychrometers exports from Morocco, comprising 66% of total exports. The second position in the ranking was taken by Sudan ($X), with a 17% share of total exports. It was followed by Senegal, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +58.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+46.9% per year) and Senegal (+26.8% per year).

Export Prices by Country

The average non-electronic hydro- and hygrometers export price stood at $X per unit in 2021, with a decrease of -26.5% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 391%. The export price peaked at $X per unit in 2020, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per unit), while the average price for exports to Italy ($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 Senegal (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports into Morocco

In 2021, after four years of growth, there was significant decline in purchases abroad of non-electronic hydro-, hygro-, psychrometers, when their volume decreased by -14% to X units. Overall, imports, however, showed slight growth. The pace of growth appeared the most rapid in 2013 when imports increased by 88% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, non-electronic hydro- and hygrometers imports rose slightly to $X in 2021. Over the period under review, imports, however, showed resilient growth. The growth pace was the most rapid in 2014 with an increase of 78% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-electronic hydro- and hygrometers to Morocco, accounting for a 35% share of total imports. Moreover, non-electronic hydro- and hygrometers imports from China exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. Turkey (X units) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +20.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-12.3% per year) and Turkey (+15.7% per year).

In value terms, China ($X) constituted the largest supplier of non-electronic hydro-, hygro-, psychrometers to Morocco, comprising 36% of total imports. The second position in the ranking was taken by France ($X), with a 10% share of total imports. It was followed by Germany, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.0% per year) and Germany (-1.1% per year).

Import Prices by Country

In 2021, the average non-electronic hydro- and hygrometers import price amounted to $X per unit, surging by 22% against the previous year. In general, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-electronic hydro- and hygrometers import price increased by +55.3% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 113%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Turkey ($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 (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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