Report Update: May 1, 2024

Morocco - Fructose And Fructose Syrup - Market Analysis, Forecast, Size, Trends And Insights

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Fructose Price in Morocco - 2022

Fructose Price in Morocco (CIF) - 2022

In December 2022, the average fructose import price amounted to $1,392 per ton, dropping by -13.4% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 37% month-to-month. The import price peaked at $2,033 per ton in April 2022; however, from May 2022 to December 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,971 per ton), while the price for Turkey ($1,055 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 Slovakia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Fructose Price in Morocco (FOB) - 2022

The average fructose export price stood at $4,650 per ton in 2022, increasing by 82% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 112% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($9,977 per ton), while the average price for exports to Mauritania ($1,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fructose Imports in Morocco

Fructose imports into Morocco surged to 3.7K tons in 2022, picking up by 16% against the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, fructose imports stood at $5.1M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +54.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Fructose in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1,902	1,147	1,540	1,691	-3.8%
Spain	95.5	1,228	1,601	1,232	134.5%
Turkey	390	160	543	881	31.2%
Slovakia	172	182	240	480	40.8%
Belgium	253	266	247	426	19.0%
China	116	40.1	0.7	11.1	-54.3%
Others	373	352	285	362	-1.0%
Total	3,302	3,376	4,456	5,084	15.5%

Top Suppliers of Fructose to Morocco in 2022:

France (1206.8 tons)
Turkey (921.2 tons)
Spain (591.8 tons)
Slovakia (398.5 tons)
Belgium (384.0 tons)
China (2.6 tons)

Fructose Exports in Morocco

In 2022, approx. 9.5 tons of fructose and fructose syrup were exported from Morocco; which is down by -82% against 2021 figures. In general, exports recorded a sharp decline. The smallest decline of -13.8% was in 2021.

In value terms, fructose exports declined rapidly to $44K in 2022. Over the period under review, exports faced a significant decrease. The smallest decline of -3.9% was in 2021.

Export of Fructose in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	N/A	5.1	N/A	22.9	111.9%
Senegal	7.2	19.1	37.4	21.0	42.9%
Cote d'Ivoire	11.6	N/A	N/A	N/A	0%
United Arab Emirates	11.4	9.5	25.3	N/A	49.0%
Tunisia	124	46.3	42.5	N/A	-41.5%
Libya	37.9	55.8	15.9	N/A	-35.2%
Others	2.4	4.1	13.4	0.2	-56.3%
Total	195	140	134	44.1	-39.1%

Top Export Markets for Fructose from Morocco in 2022:

United Arab Emirates (undefined tons)
Portugal (7.2 tons)
Senegal (2.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fructose 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 10621320 - Chemically pure fructose in solid form, fructose and fructose syrup, containing in the dry state > .50 % of fructose, i soglucose excluding with added flavouring or colouring matter

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023