Morocco: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Morocco

The Moroccan non-propelled vehicle market dropped to $X in 2021, with a decrease of -1.5% 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). Overall, consumption, however, enjoyed a resilient expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Non-Propelled Vehicle Exports

Exports from Morocco

In 2021, shipments abroad of vehicles not mechanically propelled was finally on the rise to reach X units after three years of decline. In general, exports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 with an increase of 810% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-propelled vehicle exports skyrocketed to $X in 2021. Overall, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2017 with an increase of 853%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for non-propelled vehicle exports from Morocco, accounting for a 41% share of total exports. Moreover, non-propelled vehicle exports to the Netherlands exceeded the volume sent to the second major destination, France (X units), threefold. Benin (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled +70.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-14.0% per year) and Benin (+2,478.6% per year).

In value terms, France ($X) remains the key foreign market for non-propelled vehicle exports from Morocco, comprising 33% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 15% share of total exports. It was followed by Benin, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France totaled -7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+19.8% per year) and Benin (+1,332.0% per year).

Export Prices by Country

In 2021, the average non-propelled vehicle export price amounted to $X per unit, rising by 78% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to the Netherlands ($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 Cote d'Ivoire (+68.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Propelled Vehicle Imports

Imports into Morocco

Non-propelled vehicle imports into Morocco fell dramatically to X units in 2021, declining by -18.9% against 2020. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 91%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, non-propelled vehicle imports rose remarkably to $X in 2021. Overall, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 when imports increased by 57% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Greece (X units), Spain (X units) and Turkey (X units) were the main suppliers of non-propelled vehicle imports to Morocco, with a combined 49% share of total imports.

From 2012 to 2021, the biggest increases were in Greece (with a CAGR of +102.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-propelled vehicle suppliers to Morocco were France ($X), Greece ($X) and Italy ($X), with a combined 42% share of total imports.

Among the main suppliers, Greece, with a CAGR of +92.7%, 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 non-propelled vehicle import price stood at $X per unit in 2021, rising by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Greece ($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 (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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