Morocco - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in Morocco - 2022
Contents:
- Canned Vegetable Price in Morocco (FOB) - 2022
- Canned Vegetable Price in Morocco (CIF) - 2022
- Canned Vegetable Exports in Morocco
- Canned Vegetable Imports in Morocco
Canned Vegetable Price in Morocco (FOB) - 2022
In December 2022, the average canned vegetable export price amounted to $1,539 per ton, picking up by 9% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major overseas markets. In December 2022, the countries with the highest prices were Germany ($1,787 per ton) and Poland ($1,769 per ton), while the average price for exports to Saudi Arabia ($1,322 per ton) and Belgium ($1,328 per ton) were 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Price in Morocco (CIF) - 2022
The average canned vegetable import price stood at $2,283 per ton in December 2022, remaining relatively unchanged against the previous month. In general, the import price recorded a slight downturn. The growth pace was the most rapid in November 2022 an increase of 20% against the previous month. Over the period under review, average import prices attained the peak figure at $2,796 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Spain ($3,289 per ton), while the price for China ($1,081 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 Turkey (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Exports in Morocco
In 2022, approx. 121K tons of canned vegetables were exported from Morocco; declining by -1.9% compared with 2021. The total export volume increased at an average annual rate of +5.6% 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 exports increased by 32% against the previous year. As a result, the exports reached the peak of 124K tons, and then declined modestly in the following year.
In value terms, canned vegetable exports declined modestly to $167M in 2022. Over the period under review, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $175M, and then contracted in the following year.
| Export of Canned Vegetable in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 65.7 | 61.3 | 67.3 | 66.4 | 0.4% |
| United States | 52.3 | 33.7 | 43.3 | 37.0 | -10.9% |
| Belgium | 16.3 | 15.4 | 13.2 | 11.4 | -11.2% |
| Italy | 9.1 | 9.4 | 12.4 | 10.6 | 5.2% |
| Spain | 6.3 | 10.2 | 11.4 | 10.5 | 18.6% |
| Saudi Arabia | 3.7 | 4.2 | 4.1 | 5.6 | 14.8% |
| United Kingdom | 5.7 | 3.6 | 4.3 | 5.0 | -4.3% |
| Germany | 2.6 | 1.8 | 3.3 | 3.5 | 10.4% |
| Others | 13.5 | 13.3 | 16.0 | 17.2 | 8.4% |
| Total | 175 | 153 | 175 | 167 | -1.5% |
Top Export Markets for Canned Vegetable from Morocco in 2022:
- France (47.0K tons)
- United States (27.1K tons)
- Belgium (9.4K tons)
- Spain (9.1K tons)
- Italy (8.6K tons)
- Saudi Arabia (4.2K tons)
- Germany (2.3K tons)
- United Kingdom (2.2K tons)
Canned Vegetable Imports in Morocco
Canned vegetable imports into Morocco skyrocketed to 12K tons in 2022, with an increase of 34% on 2021. The total import volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, canned vegetable imports surged to $25M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 23%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Canned Vegetable in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.2 | 4.6 | 5.7 | 6.4 | 26.0% |
| France | 2.2 | 2.9 | 3.1 | 4.3 | 25.0% |
| China | 1.5 | 2.5 | 1.2 | 3.0 | 26.0% |
| Turkey | 1.1 | 1.2 | 1.6 | 2.7 | 34.9% |
| Germany | 2.5 | 2.5 | 4.3 | 2.1 | -5.6% |
| Hungary | 1.0 | 1.2 | 0.8 | 1.7 | 19.3% |
| Italy | 1.1 | 1.2 | 1.3 | 1.1 | 0.0% |
| Egypt | 0.8 | 0.9 | 1.1 | 1.1 | 11.2% |
| Lebanon | 0.9 | 0.9 | 1.1 | 1.0 | 3.6% |
| Others | 1.3 | 1.5 | 1.5 | 1.9 | 13.5% |
| Total | 15.7 | 19.3 | 21.6 | 25.4 | 17.4% |
Top Suppliers of Canned Vegetable to Morocco in 2022:
- China (2.7K tons)
- Spain (2.3K tons)
- France (2.0K tons)
- Turkey (1.6K tons)
- Hungary (0.9K tons)
- Italy (0.7K tons)
- Lebanon (0.6K tons)
- Germany (0.4K tons)
- Egypt (0.3K tons)
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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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Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1580
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1336
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1580
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
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