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Morocco - Dairy Spreads - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDairy Spread Price in Morocco - 2022
Contents:
- Dairy Spread Price in Morocco (CIF) - 2022
- Dairy Spread Price in Morocco (FOB) - 2022
- Dairy Spread Imports in Morocco
- Dairy Spread Exports in Morocco
Dairy Spread Price in Morocco (CIF) - 2022
In 2022, the average dairy spread import price amounted to $7,108 per ton, rising by 2% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy spread import price decreased by -2.3% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 27% against the previous year. Over the period under review, average import prices reached the peak figure at $7,272 per ton in 2018; however, from 2019 to 2022, 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 the Netherlands ($8,649 per ton), while the price for Spain ($4,162 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Dairy Spread Price in Morocco (FOB) - 2022
The average dairy spread export price stood at $5,132 per ton in 2022, increasing by 59% against the previous year. In general, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2013 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -19.7% per year.
Dairy Spread Imports in Morocco
In 2022, overseas purchases of dairy spreads decreased by -24.9% to 43 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 152% against the previous year. As a result, imports reached the peak of 58 tons, and then contracted markedly in the following year.
In value terms, dairy spread imports fell dramatically to $309K in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 172%. As a result, imports attained the peak of $403K, and then plummeted in the following year.
Import of Dairy Spread in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.2 | 42.0 | 124 | 230 | 253.7% |
Netherlands | N/A | 1.0 | N/A | 54.1 | 635.5% |
Spain | 0.5 | 5.3 | 9.0 | 14.1 | 204.4% |
Belgium | 2.7 | 2.6 | 53.1 | 9.9 | 54.2% |
Others | 86.6 | 97.5 | 217 | 1.0 | -77.4% |
Total | 95.1 | 148 | 403 | 309 | 48.1% |
Top Suppliers of Dairy Spread to Morocco in 2022:
- France (32.1 tons)
- Netherlands (6.3 tons)
- Spain (3.4 tons)
- Belgium (1.3 tons)
Dairy Spread Exports in Morocco
In 2022, the amount of dairy spreads exported from Morocco shrank rapidly to 38 kg, dropping by -95.8% against the previous year. Over the period under review, exports faced a precipitous decrease.
In value terms, dairy spread exports declined significantly to $195 in 2022. In general, exports showed a dramatic shrinkage.
Export of Dairy Spread in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Spain | N/A | 0.2 | 0% | ||
Czech Republic | 2.6 | N/A | 0% | ||
Saudi Arabia | 0.4 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 3.0 | 0.2 | -93.3% |
Top Export Markets for Dairy Spread from Morocco in 2022:
- Spain (38.0 kg)
This report provides an in-depth analysis of the dairy spread market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10513070 - Dairy spreads of a fat content by weight < .80 %
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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