Morocco: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Morocco

The Moroccan market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted notably to $X in 2022, waning by -25.5% 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 saw a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Morocco

In 2022, overseas shipments of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 7.6% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 161% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank to $X in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 143% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Lebanon (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Morocco, with a 41% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Lebanon exceeded the volume sent to the second major destination, Mali (X units), fourfold. Mauritania (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Lebanon amounted to +49.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (+30.2% per year) and Mauritania (+30.2% per year).

In value terms, Lebanon ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Morocco, comprising 42% of total exports. The second position in the ranking was held by Mauritania ($X), with an 11% share of total exports. It was followed by Mali, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Lebanon totaled +41.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+36.3% per year) and Mali (+26.5% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, falling by -15.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2015 an increase of 27%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Yemen ($X per unit) and Lebanon ($X per unit), while the average price for exports to Djibouti ($X per unit) and Libya ($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 Djibouti (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Morocco

Imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA into Morocco dropped significantly to X units in 2022, shrinking by -28.9% against 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 37%. Over the period under review, imports of hit record highs at X units in 2021, and then dropped significantly in the following year.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022. Over the period under review, imports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2016 when imports increased by 19%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Spain (X units), Turkey (X units) and Italy (X units) were the main suppliers of imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Morocco, together comprising 65% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +46.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Morocco were Spain ($X), Turkey ($X) and Italy ($X), together accounting for 66% of total imports.

Among the main suppliers, Turkey, with a CAGR of +46.4%, recorded the highest rates of growth with regard to 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

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, jumping by 23% against the previous year. In general, the import price, however, showed a pronounced setback. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the UK ($X per unit) and Portugal ($X per unit), while the price for China ($X per unit) and Italy ($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 (-0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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