Morocco - Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFreshwater Fish Price in Morocco - 2022
Contents:
- Freshwater Fish Price in Morocco (FOB) - 2022
- Freshwater Fish Price in Morocco (CIF) - 2022
- Freshwater Fish Exports in Morocco
- Freshwater Fish Imports in Morocco
Freshwater Fish Price in Morocco (FOB) - 2022
The average freshwater fish export price stood at $14,959 per ton in December 2022, approximately reflecting the previous month. In general, the export price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 66% m-o-m. As a result, the export price attained the peak level of $24,376 per ton. From March 2022 to December 2022, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was the United States ($16,067 per ton), while the average price for exports to South Korea totaled $14,590 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
Freshwater Fish Price in Morocco (CIF) - 2022
In 2022, the average freshwater fish import price amounted to $37,366 per ton, with an increase of 9.3% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2017 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $101,206 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($47,560 per ton), while the price for the United States ($18,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+39.4%), while the prices for the other major suppliers experienced a decline.
Freshwater Fish Exports in Morocco
In 2022, shipments abroad of freshwater fish decreased by -16.4% to 209 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 45%. As a result, the exports attained the peak of 296 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, freshwater fish exports declined to $3.5M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Freshwater Fish in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 3.1 | 4.0 | 2.6 | 2.0 | -13.6% |
| United States | N/A | N/A | 0.7 | 1.1 | 57.1% |
| Vietnam | 0.1 | 0.1 | 0.4 | 0.1 | 0.0% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 3.3 | 4.1 | 3.7 | 3.5 | 2.0% |
Top Export Markets for Freshwater Fish from Morocco in 2022:
- South Korea (132.1 tons)
- United States (70.2 tons)
- Vietnam (3.6 tons)
Freshwater Fish Imports in Morocco
In 2022, supplies from abroad of freshwater fish decreased by -24.5% to 32 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 440% against the previous year. As a result, imports attained the peak of 42 tons, and then dropped markedly in the following year.
In value terms, freshwater fish imports declined sharply to $1.2M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 183%. As a result, imports reached the peak of $1.4M, and then dropped notably in the following year.
| Import of Freshwater Fish in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 343 | 510 | 649 | 589 | 19.7% |
| Spain | N/A | N/A | 789 | 588 | -25.5% |
| United States | N/A | N/A | 5.3 | 18.3 | 245.3% |
| Others | N/A | 1.7 | 4.2 | N/A | 147.1% |
| Total | 343 | 512 | 1,448 | 1,195 | 51.6% |
Top Suppliers of Freshwater Fish to Morocco in 2022:
- Spain (18.6 tons)
- France (12.4 tons)
- United States (1.0 tons)
This report provides an in-depth analysis of the freshwater fish 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:
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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