Morocco: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Morocco

The Moroccan electronic material tester market fell to $X in 2022, with a decrease of X% 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). In general, consumption, however, enjoyed temperate growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Electronic Material Tester Exports

Exports from Morocco

In 2022, electronic material tester exports from Morocco soared to X units, jumping by X% on 2021. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, electronic material tester exports contracted markedly to $X in 2022. Over the period under review, exports showed a strong increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Equatorial Guinea (X units) was the main destination for electronic material tester exports from Morocco, with a X% share of total exports. Moreover, electronic material tester exports to Equatorial Guinea exceeded the volume sent to the second major destination, Portugal (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Equatorial Guinea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Germany (X% per year).

In value terms, Equatorial Guinea ($X) emerged as the key foreign market for electronic machines and appliances for testing materials exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Equatorial Guinea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and Germany (X% per year).

Export Prices by Country

The average electronic material tester export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price saw a sharp setback. The growth pace was the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Equatorial Guinea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electronic Material Tester Imports

Imports into Morocco

In 2022, imports of electronic machines and appliances for testing materials into Morocco dropped to X units, waning by X% compared with the previous year. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic material tester imports rose notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Turkey (X units), France (X units) and Italy (X units) were the main suppliers of electronic material tester imports to Morocco, together comprising X% of total imports.

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

In value terms, the largest electronic material tester suppliers to Morocco were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. China, Turkey, Spain, the United States and the UK lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, 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 electronic material tester import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :