Key Market Indicators
Morocco's transformer import and export is expected to reach a combined value of $183 million by 2026. Morocco's transformer import is projected to grow at a yearly average of 1.4% over the next five years, reaching $133 million by 2026. This is a slight decrease from the 1.2% average yearly decrease experienced since 1998. In 2021, Morocco ranked 63rd in the world for transformer imports, with Slovenia coming in ahead at $122 million. China, Germany and Mexico were the second, third and fourth largest importers of transformers in 2021, respectively. Morocco's transformer export is predicted to grow at a yearly average of 2.8% until 2026, reaching $50 million. This is a significant increase from the 6.1% average yearly increase since 1998. In 2021, Morocco was 54th in the world for transformer exports, with Luxembourg ahead at $42 million. Germany, the United States and Japan were the second, third and fourth largest exporters of transformers in 2021, respectively. By 2026, Morocco's combined transformer import and export is expected to reach a total of $183 million.
