Morocco: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in Morocco

The Moroccan market for wiring sets used in vehicles, aircraft or ships shrank to $X in 2022, which is down by -12.4% against the previous year. In general, consumption, however, posted resilient growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell in the following year.

Production of Wiring sets used in vehicles, aircraft or ships in Morocco

In value terms, production of wiring sets used in vehicles, aircraft or ships contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 33%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Morocco

In 2022, after two years of decline, there was growth in shipments abroad of wiring sets used in vehicles, aircraft or ships, when their volume increased by 2.9% to X tons. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 19% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships declined slightly to $X in 2022. In general, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -23.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 21% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Morocco, accounting for a 55% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to Spain exceeded the volume sent to the second major destination, France (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.7% per year) and the UK (+5.8% per year).

In value terms, Spain ($X) remains the key foreign market for wiring sets used in vehicles, aircraft or ships exports from Morocco, comprising 43% of total exports. The second position in the ranking was held by France ($X), with a 20% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Spain stood at +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+2.9% per year) and the UK (+4.4% per year).

Export Prices by Country

In 2022, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, with a decrease of -4.5% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 9.4% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($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 (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Morocco

After two years of decline, purchases abroad of wiring sets used in vehicles, aircraft or ships increased by 4.5% to X tons in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 72%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships totaled $X in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 90% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Spain (X tons) and Portugal (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Morocco, together comprising 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +36.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Spain ($X) constituted the largest wiring sets used in vehicles, aircraft or ships suppliers to Morocco, together accounting for 70% of total imports. Portugal, the United States, the Czech Republic, China and Austria lagged somewhat behind, together comprising a further 15%.

Portugal, with a CAGR of +40.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, reducing by -3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :