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Morocco - Margarine And Shortening - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMargarine and Shortening Price in Morocco - 2022
Contents:
- Margarine and Shortening Price in Morocco (CIF) - 2022
- Margarine and Shortening Price in Morocco (FOB) - 2022
- Margarine and Shortening Imports in Morocco
- Margarine and Shortening Exports in Morocco
Margarine and Shortening Price in Morocco (CIF) - 2022
In December 2022, the average margarine and shortening import price amounted to $1,895 per ton, shrinking by -2.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2022 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $2,160 per ton. From May 2022 to December 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,893 per ton), while the price for Indonesia ($1,285 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 Sweden (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Margarine and Shortening Price in Morocco (FOB) - 2022
In December 2022, the average margarine and shortening export price amounted to $2,100 per ton, growing by 3.1% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in March 2022 when the average export price increased by 30% month-to-month. Over the period under review, the average export prices attained the maximum at $2,165 per ton in October 2022; however, from November 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In December 2022, the country with the highest price was Mali ($2,207 per ton), while the average price for exports to Gambia ($1,963 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Margarine and Shortening Imports in Morocco
In 2022, margarine and shortening imports into Morocco skyrocketed to 25K tons, with an increase of 45% on the year before. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, margarine and shortening imports skyrocketed to $49M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Margarine and Shortening in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 4.4 | 4.7 | 10.3 | 12.8 | 42.8% |
Sweden | 2.5 | 1.1 | 3.4 | 8.1 | 48.0% |
Indonesia | N/A | 1.0 | 1.4 | 7.3 | 170.2% |
Malaysia | 2.8 | 0.7 | 1.7 | 5.7 | 26.7% |
Spain | 1.1 | 2.4 | 3.2 | 5.7 | 73.0% |
Germany | N/A | 1.2 | 1.9 | 2.3 | 38.4% |
Hungary | 0.4 | 0.1 | 0.3 | 1.6 | 58.7% |
Ukraine | 0.5 | 0.6 | 1.1 | 0.9 | 21.6% |
Brazil | N/A | 0.4 | 0.3 | 0.8 | 41.4% |
Others | 1.7 | 2.4 | 2.3 | 3.6 | 28.4% |
Total | 13.5 | 14.7 | 26.0 | 48.8 | 53.5% |
Top Suppliers of Margarine and Shortening to Morocco in 2022:
- United Arab Emirates (7.7K tons)
- Indonesia (4.0K tons)
- Malaysia (3.4K tons)
- Sweden (3.4K tons)
- Spain (2.2K tons)
- Germany (1.0K tons)
- Hungary (0.8K tons)
- Brazil (0.6K tons)
- Ukraine (0.4K tons)
Margarine and Shortening Exports in Morocco
In 2022, margarine and shortening exports from Morocco surged to 6.2K tons, rising by 86% against the previous year's figure. In general, exports continue to indicate a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, margarine and shortening exports soared to $10M in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Margarine and Shortening in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Guinea | 1.3 | 1.8 | 3.6 | 6.6 | 71.9% |
Libya | 2.3 | 0.3 | 0.2 | 2.0 | -4.6% |
Cameroon | 0.7 | 0.3 | 0.4 | 0.5 | -10.6% |
Congo | 0.1 | N/A | N/A | 0.3 | 44.2% |
Gambia | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Others | 0.8 | 1.0 | 0.9 | 0.4 | -20.6% |
Total | 5.1 | 3.4 | 5.2 | 10.2 | 26.0% |
Top Export Markets for Margarine and Shortening from Morocco in 2022:
- Guinea (3.3K tons)
- Libya (2.0K tons)
- Cameroon (0.4K tons)
- Gambia (0.2K tons)
- Congo (0.2K tons)
This report provides an in-depth analysis of the margarine and shortening 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:
- FCL 1242 - Margarine and Shortening
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
-
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
This report provides an in-depth analysis of the margarine and shortening market in Morocco.
This report provides an in-depth analysis of the global margarine and shortening market.
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
This report provides an in-depth analysis of the margarine and shortening market in Morocco.
This report provides an in-depth analysis of the global margarine and shortening market.
Global Margarine Spread Market Report 2018. This report provides an in-depth analysis of the global margarine spread market.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.
Explore the top import markets for margarine and shortening globally, including key statistics and market insights.
Global margarine and shortening consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
In 2015, the country with the largest volume of the margarine and shortening output was the United States (X thousand tons), accounting for X% of global production.