Morocco - Frozen Freshwater Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Freshwater Fish Price in Morocco - 2022
Contents:
- Frozen Freshwater Fish Price in Morocco (FOB) - 2022
- Frozen Freshwater Fish Price in Morocco (CIF) - 2022
- Frozen Freshwater Fish Exports in Morocco
- Frozen Freshwater Fish Imports in Morocco
Frozen Freshwater Fish Price in Morocco (FOB) - 2022
The average frozen freshwater fish export price stood at $1,041 per ton in December 2022, with an increase of 19% against the previous month. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in January 2022 an increase of 34% month-to-month. The export price peaked at $2,369 per ton in March 2022; however, from April 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Spain ($2,832 per ton), while the average price for exports to Senegal ($524 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 Cabo Verde (+39.5%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Freshwater Fish Price in Morocco (CIF) - 2022
The average frozen freshwater fish import price stood at $1,573 per ton in 2022, growing by 18% against the previous year. Overall, the import price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2014 an increase of 147% against the previous year. As a result, import price reached the peak level of $4,359 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Croatia ($1,832 per ton) and France ($1,687 per ton), while the price for Spain ($1,521 per ton) and Portugal ($1,603 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+130.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Freshwater Fish Exports in Morocco
In 2022, the amount of frozen freshwater fish exported from Morocco expanded significantly to 24K tons, surging by 13% compared with 2021 figures. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen freshwater fish exports rose notably to $36M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Frozen Freshwater Fish in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 5.2 | 4.3 | 8.6 | 8.9 | 19.6% |
| South Korea | 6.1 | 13.7 | 3.9 | 8.1 | 9.9% |
| Ghana | 2.8 | 2.8 | 6.1 | 6.3 | 31.0% |
| Spain | 1.7 | 1.9 | 3.9 | 4.0 | 33.0% |
| Taiwan (Chinese) | 0.4 | 2.1 | 2.5 | 2.6 | 86.6% |
| United Kingdom | 1.3 | 1.3 | 1.3 | 1.3 | 0.0% |
| Brazil | N/A | 0.2 | 0.7 | 0.7 | 87.1% |
| Mali | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Malta | 0.3 | 0.2 | N/A | 0.2 | -12.6% |
| Others | 4.0 | 3.2 | 5.6 | 3.3 | -6.2% |
| Total | 22.2 | 30.3 | 33.0 | 35.8 | 17.3% |
Top Export Markets for Frozen Freshwater Fish from Morocco in 2022:
- Cote d'Ivoire (8.6K tons)
- Ghana (4.4K tons)
- South Korea (3.1K tons)
- Spain (2.5K tons)
- Taiwan (Chinese) (1.1K tons)
- Brazil (0.9K tons)
- Mali (0.7K tons)
- United Kingdom (0.7K tons)
- Malta (0.4K tons)
Frozen Freshwater Fish Imports in Morocco
In 2022, frozen freshwater fish imports into Morocco contracted significantly to 250 tons, falling by -87% against 2021 figures. In general, imports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year.
In value terms, frozen freshwater fish imports dropped sharply to $393K in 2022. Over the period under review, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year.
| Import of Frozen Freshwater Fish in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4,517 | 1,587 | 2,098 | 287 | -60.1% |
| France | 711 | 120 | 409 | 49.5 | -58.9% |
| Croatia | 1,071 | 115 | 18.7 | 40.4 | -66.5% |
| Portugal | 377 | 63.7 | 7.2 | 15.0 | -65.9% |
| United States | 1,398 | N/A | 24.1 | N/A | -86.9% |
| Others | 205 | 34.6 | 5.3 | 0.7 | -84.9% |
| Total | 8,279 | 1,921 | 2,562 | 393 | -63.8% |
Top Suppliers of Frozen Freshwater Fish to Morocco in 2022:
- Spain (189.0 tons)
- France (29.3 tons)
- Croatia (22.0 tons)
- Portugal (9.4 tons)
This report provides an in-depth analysis of the frozen 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:
- Prodcom 10201360 - Frozen whole fresh water fish
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
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