Morocco: Stainless Steel Sink Market 2025

Stainless Steel Sink Market Size in Morocco

The Moroccan stainless steel sink market skyrocketed to $X in 2021, jumping by 70% 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 saw a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Stainless Steel Sink Exports

Exports from Morocco

After three years of growth, shipments abroad of stainless steel sinks and wash basins decreased by -49.1% to X units in 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 595%. Over the period under review, the exports reached the maximum at X units in 2020, and then declined markedly in the following year.

In value terms, stainless steel sink exports shrank sharply to $X in 2021. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 536% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

Mauritania (X units) was the main destination for stainless steel sink exports from Morocco, accounting for a 47% share of total exports. Moreover, stainless steel sink exports to Mauritania exceeded the volume sent to the second major destination, Senegal (X units), threefold. The third position in this ranking was held by Tunisia (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume to Mauritania totaled +22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+171.2% per year) and Tunisia (-9.4% per year).

In value terms, the largest markets for stainless steel sink exported from Morocco were Mauritania ($X), Sweden ($X) and Senegal ($X), with a combined 69% share of total exports.

In terms of the main countries of destination, Senegal, with a CAGR of +155.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average stainless steel sink export price amounted to $X per unit, growing by 33% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 87%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Sweden ($X per unit), while the average price for exports to Mauritania ($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 Tunisia (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Sink Imports

Imports into Morocco

Stainless steel sink imports into Morocco skyrocketed to X units in 2021, picking up by 55% on the year before. In general, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, stainless steel sink imports surged to $X in 2021. Over the period under review, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of stainless steel sink to Morocco, accounting for a 56% share of total imports. Moreover, stainless steel sink imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. Spain (X units) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.7% per year) and Spain (+4.8% per year).

In value terms, the largest stainless steel sink suppliers to Morocco were China ($X), Turkey ($X) and Spain ($X), with a combined 78% share of total imports.

In terms of the main suppliers, China, with a CAGR of +19.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stainless steel sink import price stood at $X per unit in 2021, surging by 9% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 16% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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