Morocco: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Morocco

In 2022, the Moroccan market for spray guns and similar appliances decreased by -22.7% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, saw a pronounced expansion. Spray guns and similar appliances consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Spray Guns And Similar Appliances

Exports from Morocco

In 2022, overseas shipments of spray guns and similar appliances decreased by -72.5% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2014 when exports increased by 1,210% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, spray guns and similar appliances exports soared to $X in 2022. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2014 when exports increased by 52%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Mauritania (X units) was the main destination for spray guns and similar appliances exports from Morocco, accounting for a 73% share of total exports. Moreover, spray guns and similar appliances exports to Mauritania exceeded the volume sent to the second major destination, Tunisia (X units), fivefold. Spain (X units) ranked third in terms of total exports with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania stood at +41.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-10.6% per year) and Spain (-48.3% per year).

In value terms, Tunisia ($X) remains the key foreign market for spray guns and similar appliances exports from Morocco, comprising 91% of total exports. The second position in the ranking was held by Mauritania ($X), with a 7.6% share of total exports. It was followed by Spain, with a 0.4% share.

From 2012 to 2022, the average annual growth rate of value to Tunisia amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+47.2% per year) and Spain (-48.4% per year).

Export Prices by Country

The average export price for spray guns and similar appliances stood at $X per unit in 2022, picking up by 329% against the previous year. Overall, the export price showed strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while the average price for exports to Chad (less than $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 Tunisia (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into Morocco

Spray guns and similar appliances imports into Morocco declined notably to X units in 2022, with a decrease of -32.6% on the previous year's figure. Overall, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2016 with an increase of 137% against the previous year. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, spray guns and similar appliances imports fell remarkably to $X in 2022. Over the period under review, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 37%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to Morocco, with a 68% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. The third position in this ranking was taken by Egypt (X units), with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.1% per year) and Egypt (-7.2% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to Morocco, comprising 33% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Egypt, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.2% per year) and Egypt (-6.1% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, picking up by 25% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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