Morocco: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2024

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Morocco

The Moroccan vapour generating boiler parts market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded a mild increase. Vapour generating boiler parts consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Morocco

In value terms, vapour generating boiler parts production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Vapour generating boiler parts production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Morocco

In 2022, shipments abroad of parts of vapour generating boilers and super-heater water boilers was finally on the rise to reach X tons after four years of decline. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, vapour generating boiler parts exports soared to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for vapour generating boiler parts exports from Morocco, with a X% share of total exports. Moreover, vapour generating boiler parts exports to France exceeded the volume sent to the second major destination, Congo (X tons), threefold. Guinea (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Guinea (X% per year).

In value terms, Guinea ($X), France ($X) and Congo ($X) constituted the largest markets for vapour generating boiler parts exported from Morocco worldwide, with a combined X% share of total exports.

Guinea, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vapour generating boiler parts export price amounted to $X per ton, growing by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vapour generating boiler parts export price increased by X% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Morocco

In 2022, vapour generating boiler parts imports into Morocco contracted rapidly to X tons, dropping by X% against the year before. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts imports dropped rapidly to $X in 2022. Overall, imports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vapour generating boiler parts to Morocco, with a X% share of total imports. Moreover, vapour generating boiler parts imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Italy ($X) constituted the largest supplier of parts of vapour generating boilers and super-heater water boilers to Morocco, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average vapour generating boiler parts import price stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price showed a dramatic decline. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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