Morocco - Herrings (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Herring Price in Morocco - 2022
Contents:
- Preserved Herring Price in Morocco (CIF) - 2022
- Preserved Herring Price in Morocco (FOB) - 2022
- Preserved Herring Imports in Morocco
- Preserved Herring Exports in Morocco
Preserved Herring Price in Morocco (CIF) - 2022
In 2022, the average preserved herring import price amounted to $5,696 per ton, shrinking by -24.3% against the previous year. In general, the import price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 an increase of 75%. Over the period under review, average import prices attained the peak figure at $8,625 per ton in 2015; however, from 2016 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 Norway ($12,615 per ton), while the price for the Netherlands ($1,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Herring Price in Morocco (FOB) - 2022
The average preserved herring export price stood at $4,657 per ton in 2022, with a decrease of -3.7% against the previous year. Over the period under review, the export price, however, showed a perceptible expansion. The growth pace was the most rapid in 2018 an increase of 261% against the previous year. Over the period under review, the average export prices hit record highs at $5,558 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($12,351 per ton), while the average price for exports to Canada ($1,450 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 French Polynesia (-1.5%), while the prices for the other major destinations experienced a decline.
Preserved Herring Imports in Morocco
Preserved herring imports into Morocco shrank to 147 kg in 2022, falling by -2.6% compared with 2021. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 151 kg, and then fell in the following year.
In value terms, preserved herring imports declined markedly to $840 in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. As a result, imports reached the peak of $1.1K, and then dropped notably in the following year.
Import of Preserved Herring in Morocco (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 91.0 | 205 | 239 | 149 | 17.9% |
France | 174 | 49.0 | 76.0 | 137 | -7.7% |
Norway | 109 | 195 | 179 | 116 | 2.1% |
Sweden | 26.0 | 65.0 | 31.0 | 18.0 | -11.5% |
Germany | 12.0 | 19.0 | 15.0 | 8.0 | -12.6% |
Netherlands | 5.0 | 6.0 | 3.0 | 3.0 | -15.7% |
Others | 1.0 | 1.0 | 596 | 409 | 642.3% |
Total | 418 | 540 | 1,139 | 840 | 26.2% |
Top Suppliers of Preserved Herring to Morocco in 2022:
- France (25.0 kg)
- Spain (12.0 kg)
- Norway (9.0 kg)
- Sweden (8.0 kg)
- Netherlands (2.0 kg)
- Germany (2.0 kg)
Preserved Herring Exports in Morocco
Preserved herring exports from Morocco surged to 1.7 tons in 2022, jumping by 22% compared with 2021 figures. In general, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 223%. As a result, the exports reached the peak of 2.7 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, preserved herring exports surged to $7.9K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 125% against the previous year. As a result, the exports reached the peak of $9K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Preserved Herring in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Luxembourg | 1.6 | 3.0 | 2.8 | 3.9 | 34.6% |
French Polynesia | 0.7 | 1.0 | 2.4 | 2.6 | 54.9% |
Canada | 0.7 | 0.5 | 0.4 | 0.9 | 8.7% |
Dominican Republic | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Cote d'Ivoire | N/A | N/A | 0.1 | 0.1 | 0.0% |
Democratic Republic of the Congo | N/A | 4.3 | N/A | N/A | 0% |
Denmark | 0.8 | N/A | 0.5 | N/A | -20.9% |
Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
Total | 4.0 | 9.0 | 6.7 | 7.9 | 25.5% |
Top Export Markets for Preserved Herring from Morocco in 2022:
- Luxembourg (710.0 kg)
- Canada (627.0 kg)
- French Polynesia (212.0 kg)
- Dominican Republic (85.0 kg)
- Cote d'Ivoire (42.0 kg)
This report provides an in-depth analysis of the preserved herring 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 10202520 - Prepared or preserved herrings, whole or in pieces (excluding minced products and prepared meals and dishes)
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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