Morocco: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Morocco

After two years of growth, the Moroccan market for special-purpose electric lamps and lighting fittings decreased by X% to $X in 2022. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2018 indices. Consumption of peaked at $X in 2021, and then contracted in the following year.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Morocco

Exports of special-purpose electric lamps and lighting fittings from Morocco dropped dramatically to X units in 2022, which is down by X% compared with the previous year. Overall, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then contracted notably in the following year.

In value terms, exports of special-purpose electric lamps and lighting fittings fell significantly to $X in 2022. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

Cote d'Ivoire (X units) was the main destination for exports of special-purpose electric lamps and lighting fittings from Morocco, accounting for a X% share of total exports. Moreover, exports of special-purpose electric lamps and lighting fittings to Cote d'Ivoire exceeded the volume sent to the second major destination, Burkina Faso (X units), fourfold. The third position in this ranking was taken by Senegal (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Senegal (X% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for special-purpose electric lamps and lighting fittings exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with a X% share of total exports. It was followed by Togo, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (X% per year) and Togo (X% per year).

Export Prices by Country

The average export price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($X per unit), while the average price for exports to Mali ($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 Mauritania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Morocco

Imports of special-purpose electric lamps and lighting fittings into Morocco declined to X units in 2022, which is down by X% on the year before. Overall, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings shrank to $X in 2022. Over the period under review, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest special-purpose electric lamp and lighting fitting supplier to Morocco, accounting for a X% share of total imports. Moreover, imports of special-purpose electric lamps and lighting fittings from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), fivefold. Italy (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 China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of special-purpose electric lamps and lighting fittings to Morocco, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

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

Import Prices by Country

The average import price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 France ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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