Morocco - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Morocco - 2022
Contents:
- Maize Starch Price in Morocco (CIF) - 2022
- Maize Starch Price in Morocco (FOB) - 2022
- Maize Starch Imports in Morocco
- Maize Starch Exports in Morocco
Maize Starch Price in Morocco (CIF) - 2022
The average maize starch import price stood at $738 per ton in December 2022, reducing by -6.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.1%. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 27% against the previous month. The import price peaked at $792 per ton in November 2022, and then shrank in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($1,433 per ton), while the price for Turkey ($611 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Morocco (FOB) - 2022
The average maize starch export price stood at $615 per ton in December 2022, rising by 3% against the previous month. In general, the export price saw a perceptible increase. The growth pace was the most rapid in May 2022 when the average export price increased by 18% m-o-m. As a result, the export price attained the peak level of $741 per ton. From June 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From December 2021 to December 2022, the rate of growth in terms of prices for Tunisia amounted to +2.1% per month.
Maize Starch Imports in Morocco
After three years of growth, overseas purchases of maize (corn) starch decreased by -26% to 7.5K tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of 10K tons, and then reduced remarkably in the following year.
In value terms, maize starch imports dropped modestly to $4.7M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of $4.7M, and then declined slightly in the following year.
Import of Maize Starch in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 561 | 971 | 2,573 | 2,230 | 58.4% |
Bulgaria | 887 | 1,159 | 782 | 797 | -3.5% |
Germany | 780 | 964 | 143 | 531 | -12.0% |
Netherlands | 216 | 386 | 604 | 524 | 34.4% |
France | 137 | 53.7 | 279 | 242 | 20.9% |
Turkey | 325 | 60.8 | 87.9 | 133 | -25.8% |
Portugal | 197 | 8.4 | 39.0 | 68.8 | -29.6% |
Egypt | 89.6 | 83.5 | 70.1 | 68.6 | -8.5% |
Others | 167 | 62.8 | 164 | 65.8 | -26.7% |
Total | 3,360 | 3,748 | 4,743 | 4,660 | 11.5% |
Top Suppliers of Maize Starch to Morocco in 2022:
- Spain (3570.1 tons)
- Bulgaria (1386.7 tons)
- Germany (912.1 tons)
- Netherlands (710.6 tons)
- France (362.6 tons)
- Turkey (228.0 tons)
- Egypt (127.6 tons)
- Portugal (109.6 tons)
Maize Starch Exports in Morocco
In 2022, shipments abroad of maize (corn) starch decreased by -33.8% to 1K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 62%.
In value terms, maize starch exports dropped dramatically to $582K in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 71%.
Export of Maize Starch in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tunisia | 380 | 628 | 786 | 572 | 14.6% |
Others | 2.1 | 26.0 | 31.5 | 9.8 | 67.1% |
Total | 382 | 654 | 818 | 582 | 15.1% |
Top Export Markets for Maize Starch from Morocco in 2022:
- Tunisia (1025.6 tons)
This report provides an in-depth analysis of the maize starch 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 10621113 - Maize (corn) starch
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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In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
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In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.