Morocco: Tungsten Halogen Lamp Market 2024

Tungsten Halogen Lamp Market Size in Morocco

For the sixth year in a row, the Moroccan tungsten halogen lamp market recorded decline in sales value, which decreased by -0.1% to $X in 2021. Overall, consumption, however, saw a abrupt decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Tungsten Halogen Lamp Production in Morocco

In value terms, tungsten halogen lamp production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by 75%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Tungsten Halogen Lamp Exports

Exports from Morocco

Tungsten halogen lamp exports from Morocco surged to X units in 2021, jumping by 878% compared with 2020. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tungsten halogen lamp exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Gabon (X units), Cote d'Ivoire (X units) and Madagascar (X units) were the main destinations of tungsten halogen lamp exports from Morocco, with a combined 40% share of total exports.

From 2012 to 2020, the biggest increases were recorded for Gabon (with a CAGR of +58.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tungsten halogen lamp exported from Morocco were Cote d'Ivoire ($X), Gabon ($X) and Niger ($X), with a combined 89% share of total exports.

In terms of the main countries of destination, Gabon, with a CAGR of +39.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tungsten halogen lamp export price stood at $X per unit in 2020, jumping by 34% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2020: its price increased at an average annual rate of +3.6% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, tungsten halogen lamp export price decreased by -27.7% against 2016 indices. The export price peaked at $X per unit in 2016; however, from 2017 to 2020, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Niger ($X per unit), while the average price for exports to Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+30.8%), while the prices for the other major destinations experienced a decline.

Tungsten Halogen Lamp Imports

Imports into Morocco

After two years of decline, purchases abroad of tungsten halogen lamps increased by 93% to X units in 2021. Over the period under review, imports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 128% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, tungsten halogen lamp imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2020, Germany (X units) constituted the largest tungsten halogen lamp supplier to Morocco, accounting for a 69% share of total imports. Moreover, tungsten halogen lamp imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. China (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from Germany amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-17.9% per year) and China (-32.2% per year).

In value terms, Germany ($X), Romania ($X) and Poland ($X) appeared to be the largest tungsten halogen lamp suppliers to Morocco, together accounting for 92% of total imports. These countries were followed by China, Spain and France, which together accounted for a further 5.3%.

Spain, with a CAGR of +6.4%, recorded 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 2020, the average tungsten halogen lamp import price amounted to $X per unit, surging by 28% against the previous year. Overall, the import price enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 237%. The import price peaked in 2020 and is expected to retain growth in the immediate term.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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