Report Update May 1, 2024

Morocco - Furnace Burners for Solid Fuel or Gas - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Market for Furnace Burners For Solid Fuel Or Gas 2024

Market Size for Furnace Burners For Solid Fuel Or Gas in Morocco

In 2022, the Moroccan solid fuel furnace burner market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, continues to indicate a abrupt shrinkage. Solid fuel furnace burner consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Exports of Furnace Burners For Solid Fuel Or Gas

Exports from Morocco

In 2022, shipments abroad of furnace burners for solid fuel or gas decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, solid fuel furnace burner exports fell remarkably to $X in 2022. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X units) was the main destination for solid fuel furnace burner exports from Morocco, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mauritania totaled X%.

In value terms, Mauritania ($X) remains the key foreign market for furnace burners for solid fuel or gas exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Guinea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mauritania amounted to X%.

Export Prices by Country

The average solid fuel furnace burner export price stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price, however, showed significant growth. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($X per unit), while the average price for exports to Mauritania amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furnace Burners For Solid Fuel Or Gas

Imports into Morocco

In 2022, overseas purchases of furnace burners for solid fuel or gas were finally on the rise to reach X units after four years of decline. In general, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, solid fuel furnace burner imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Italy (X units), Japan (X units) and Germany (X units) were the main suppliers of solid fuel furnace burner imports to Morocco, with a combined X% share of total imports. France, Spain, the Netherlands and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Italy ($X) and France ($X) were the largest solid fuel furnace burner suppliers to Morocco, together accounting for X% of total imports. Japan, Spain, China and the Netherlands lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 solid fuel furnace burner import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price posted resilient growth. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for furnace burners for solid fuel or gas in the world?

The country with the largest volume of solid fuel furnace burner consumption was China, accounting for 20% of total volume. Moreover, solid fuel furnace burner consumption in China exceeded the figures recorded by the second-largest consumer, Italy, twofold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of furnace burners for solid fuel or gas in the world?

The countries with the highest volumes of production in 2022 were China, Italy and India, with a combined 46% share of global production. The United States, Japan, Russia, Germany, South Korea, Mexico, Turkey, the UK, Iran and Poland lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of furnace burners for solid fuel or gas to Morocco?

In value terms, Germany, Italy and France constituted the largest solid fuel furnace burner suppliers to Morocco, together accounting for 70% of total imports. Japan, Spain, China and the Netherlands lagged somewhat behind, together accounting for a further 28%.

What are the leading importers of furnace burners for solid fuel or gas from Morocco?

In value terms, Mauritania remains the key foreign market for furnace burners for solid fuel or gas exports from Morocco, comprising 78% of total exports. The second position in the ranking was taken by Guinea, with a 22% share of total exports.

What is the average export price for furnace burners for solid fuel or gas in Morocco?

The average solid fuel furnace burner export price stood at $691 per unit in 2022, declining by -43.2% against the previous year.

What is the average import price for furnace burners for solid fuel or gas in Morocco?

In 2022, the average solid fuel furnace burner import price amounted to $461 per unit, surging by 8.5% against the previous year.

This report provides an in-depth analysis of the market for solid fuel furnace burner 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 28211150 - Furnace burners for solid fuel or gas (including combination burners)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023