Key Market Indicators
Morocco's electrical equipment exports are projected to soar to approximately $6.7 billion by 2028, up from $5.7 billion in 2023. This represents an annual growth rate of 2.5%. Since 1998, the country's supply has consistently increased, with an average annual growth of 3.1%. On the import side, Morocco is expected to see its electrical equipment imports rise to around $6.5 billion by 2028, compared to $5.7 billion in 2023. The imports are growing at an average annual rate of 2.2%. Historical data shows that Moroccan demand for electrical equipment has grown by 3% annually since 1998.
