Morocco - Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024
Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Morocco
In 2022, the Moroccan market for window or wall air conditioning systems, self-contained or split-systems increased by 9.6% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems
Exports from Morocco
In 2022, shipments abroad of window or wall air conditioning systems, self-contained or split-systems was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 769%. As a result, the exports attained the peak of X units; afterwards, it flattened through to 2022.
In value terms, exports of window or wall air conditioning systems, self-contained or split-systems skyrocketed to $X in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 830%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.
Exports by Country
Spain (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Morocco, with a 62% share of total exports. Moreover, exports of window or wall air conditioning systems, self-contained or split-systems to Spain exceeded the volume sent to the second major destination, Senegal (X units), fourfold. The third position in this ranking was held by Cote d'Ivoire (X units), with a 5.8% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +134.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+119.8% per year) and Cote d'Ivoire (+66.6% per year).
In value terms, Spain ($X) emerged as the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Morocco, comprising 62% of total exports. The second position in the ranking was taken by Senegal ($X), with an 18% share of total exports. It was followed by Cote d'Ivoire, with a 5.8% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to +135.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+170.5% per year) and Cote d'Ivoire (+66.2% per year).
Export Prices by Country
In 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, reducing by -22.7% against the previous year. In general, the export price continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped sharply in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cote d'Ivoire ($X per unit) and Spain ($X per unit), while the average price for exports to Mauritania ($X per unit) and Togo ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems
Imports into Morocco
In 2022, the amount of window or wall air conditioning systems, self-contained or split-systems imported into Morocco skyrocketed to X units, growing by 21% on 2021 figures. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 79%. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of window or wall air conditioning systems, self-contained or split-systems reached $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
Imports by Country
In 2022, China (X units) was the main window, wall, or split air conditioning system supplier to Morocco, with a 92% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a 0.2% share.
From 2012 to 2022, the average annual growth rate of volume from China totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-9.2% per year) and Turkey (-35.2% per year).
In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Morocco, comprising 92% of total imports. The second position in the ranking was taken by Thailand ($X), with a 5.6% share of total imports. It was followed by Turkey, with a 0.2% share.
From 2012 to 2022, the average annual growth rate of value from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-9.2% per year) and Turkey (-35.1% per year).
Import Prices by Country
In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, shrinking by -9.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 22% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($X per unit) and Turkey ($X per unit), while the price for South Korea ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for window, wall, or split air conditioning system in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251220 - Window or wall air conditioning systems, self-contained or split-systems
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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