Morocco: Non-Electric Motor Handtools Market 2024

Non-Electric Motor Handtools Market Size in Morocco

The Moroccan non-electric motor handtools market shrank modestly to $X in 2023, waning by X% against the previous year. In general, consumption enjoyed pronounced growth. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Non-Electric Motor Handtools Production in Morocco

In value terms, non-electric motor handtools production shrank to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced expansion. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Non-electric motor handtools production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Non-Electric Motor Handtools Exports

Exports from Morocco

In 2023, approx. X units of handtools, hydraulic or with a self-contained non-electric motor were exported from Morocco; reducing by X% on the previous year. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, non-electric motor handtools exports dropped notably to $X in 2023. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Congo (X units) was the main destination for non-electric motor handtools exports from Morocco, with a X% share of total exports. Moreover, non-electric motor handtools exports to Congo exceeded the volume sent to the second major destination, France (X units), more than tenfold. Cameroon (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Cameroon (X% per year).

In value terms, Congo ($X) remains the key foreign market for handtools, hydraulic or with a self-contained non-electric motor exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Cameroon, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Congo amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Cameroon (X% per year).

Export Prices by Country

In 2023, the average non-electric motor handtools export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Electric Motor Handtools Imports

Imports into Morocco

In 2023, imports of handtools, hydraulic or with a self-contained non-electric motor into Morocco rose modestly to X units, surging by X% on the previous year. Overall, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, non-electric motor handtools imports totaled $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Germany (X units) were the main suppliers of non-electric motor handtools imports to Morocco, with a combined X% share of total imports. Japan, the UK, Vietnam, Spain and Italy lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the UK ($X) constituted the largest non-electric motor handtools suppliers to Morocco, with a combined X% share of total imports. France, Vietnam, Spain, Japan and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest growth rate of 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 2023, the average non-electric motor handtools import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, 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 Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform