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Morocco - Cereal Grain Products (Including Corn Flakes) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Market for Cereal Grain Products (Including Corn Flakes) 2024
Market Size for Cereal Grain Products (Including Corn Flakes) in Morocco
The Moroccan market for cereal grain products (including corn flakes) declined to $X in 2023, approximately mirroring the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Corn flakes and cereal products consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.
Production of Cereal Grain Products (Including Corn Flakes) in Morocco
In value terms, corn flakes and cereal products production shrank to $X in 2023 estimated in export price. In general, production, however, saw a measured expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.
Exports of Cereal Grain Products (Including Corn Flakes)
Exports from Morocco
In 2023, approx. X tons of cereal grain products (including corn flakes) were exported from Morocco; increasing by X% compared with the previous year's figure. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2021; afterwards, it flattened through to 2023.
In value terms, corn flakes and cereal products exports surged to $X in 2023. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2023 and are likely to continue growth in years to come.
Exports by Country
Mauritania (X tons) was the main destination for corn flakes and cereal products exports from Morocco, accounting for a X% share of total exports. Moreover, corn flakes and cereal products exports to Mauritania exceeded the volume sent to the second major destination, France (X tons), sixfold.
From 2012 to 2023, the average annual growth rate of volume to Mauritania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the Netherlands (X% per year).
In value terms, the largest markets for corn flakes and cereal products exported from Morocco were Mauritania ($X), France ($X) and the Netherlands ($X), together comprising X% of total exports.
Among the main countries of destination, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for cereal grain products (including corn flakes) stood at $X per ton in 2023, picking up by X% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2022 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced a decline.
Imports of Cereal Grain Products (Including Corn Flakes)
Imports into Morocco
In 2023, corn flakes and cereal products imports into Morocco skyrocketed to X tons, picking up by X% against the previous year's figure. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, corn flakes and cereal products imports skyrocketed to $X in 2023. Over the period under review, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
Lithuania (X tons), Spain (X tons) and Ukraine (X tons) were the main suppliers of corn flakes and cereal products imports to Morocco, together comprising X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest corn flakes and cereal products suppliers to Morocco were Lithuania ($X), France ($X) and Spain ($X), together comprising X% of total imports. Poland, Turkey, Germany, Ukraine, the Czech Republic and Latvia lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for cereal grain products (including corn flakes) stood at $X per ton in 2023, which is down by X% against the previous year. In general, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for corn flakes and cereal products 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 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
- Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)
- Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
- Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals
- Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
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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