Morocco: Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2024

Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Morocco

In 2022, the Moroccan electric oven and cooker market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, saw a prominent expansion. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Morocco

In 2022, overseas shipments of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, electric oven and cooker exports dropped notably to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then declined markedly in the following year.

Exports by Country

Mauritania (X units) was the main destination for electric oven and cooker exports from Morocco, accounting for a X% share of total exports. Moreover, electric oven and cooker exports to Mauritania exceeded the volume sent to the second major destination, Algeria (X units), threefold. The third position in this ranking was taken by Libya (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Libya (X% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports. It was followed by Libya, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Mauritania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Libya (X% per year).

Export Prices by Country

The average electric oven and cooker export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank notably in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Senegal ($X per unit) and Algeria ($X per unit), while the average price for exports to Turkey ($X per unit) and Cote d'Ivoire ($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 Libya (X%), while the prices for the other major destinations experienced a decline.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Morocco

In 2022, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into Morocco contracted rapidly to X units, falling by X% on the year before. In general, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then fell sharply in the following year.

In value terms, electric oven and cooker imports contracted markedly to $X in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

In 2022, Turkey (X units) constituted the largest electric oven and cooker supplier to Morocco, with a X% share of total imports. Moreover, electric oven and cooker imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Morocco, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. 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 Germany ($X per unit) and France ($X per unit), while the price for Spain ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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