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Morocco - Frozen Yellowfin Tuna - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Frozen Yellowfin Tuna Market 2022
Frozen Yellowfin Tuna Market Size in Morocco
The Moroccan frozen yellowfin tuna market was finally on the rise to reach $X in 2020, after three years of decline. In general, consumption, however, showed a slight downturn. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.
Frozen Yellowfin Tuna Exports
Exports from Morocco
In 2020, shipments abroad of frozen yellowfin tuna was finally on the rise to reach X tons for the first time since 2010, thus ending a nine-year declining trend. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.
In value terms, frozen yellowfin tuna exports reduced dramatically to $X in 2020. Over the period under review, exports, however, saw a deep slump. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2011 to 2020, the growth exports remained at a lower figure.
Exports by Country
Spain (X tons) was the main destination for frozen yellowfin tuna exports from Morocco, accounting for a approx. X% share of total exports.
From 2007 to 2020, the average annual growth rate of volume to Spain totaled +X%.
In value terms, Spain ($X) also remains the key foreign market for frozen yellowfin tuna exports from Morocco.
From 2007 to 2020, the average annual growth rate of value to Spain amounted to +X%.
Export Prices by Country
In 2020, the average frozen yellowfin tuna export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, export price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2019, and then shrank markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2007 to 2020, the rate of growth in terms of prices for Spain amounted to +X% per year.
Frozen Yellowfin Tuna Imports
Imports into Morocco
In 2020, after three years of decline, there was significant growth in supplies from abroad of frozen yellowfin tuna, when their volume increased by X% to X tons. Overall, imports, however, recorded a noticeable setback. Imports peaked at X tons in 2007; however, from 2008 to 2020, imports remained at a lower figure.
In value terms, frozen yellowfin tuna imports skyrocketed to $X in 2020. In general, imports, however, recorded a slight reduction. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.
Imports by Country
In 2020, Spain (X tons) constituted the largest frozen yellowfin tuna supplier to Morocco, accounting for a X% share of total imports. Moreover, frozen yellowfin tuna imports from Spain exceeded the figures recorded by the second-largest supplier, Senegal (X tons), threefold. The third position in this ranking was occupied by Mauritius (X tons), with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (+X% per year) and Mauritius (+X% per year).
In value terms, Spain ($X) constituted the largest supplier of frozen yellowfin tuna to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Senegal ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.
From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Senegal (-X% per year) and Mauritius (+X% per year).
Import Prices by Country
The average frozen yellowfin tuna import price stood at $X per ton in 2020, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices failed to regain the momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Mauritius ($X per ton), while the price for Senegal ($X per ton) was amongst the lowest.
From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the frozen yellowfin tuna 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 2025.
Product coverage:
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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