Morocco - Butter And Dairy Spreads - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Butter and Dairy Spreads in Morocco - 2022
Contents:
- Price for Butter and Dairy Spreads in Morocco (CIF) - 2022
- Price for Butter and Dairy Spreads in Morocco (FOB) - 2022
- Imports of Butter and Dairy Spreads in Morocco
- Exports of Butter and Dairy Spreads in Morocco
Price for Butter and Dairy Spreads in Morocco (CIF) - 2022
The average butter and dairy spreads import price stood at $6,648 per ton in December 2022, picking up by 6.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in June 2022 an increase of 17% against the previous month. Over the period under review, average import prices attained the peak figure at $7,468 per ton in July 2022; however, from August 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 France ($10,496 per ton), while the price for New Zealand ($6,212 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 Portugal (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Butter and Dairy Spreads in Morocco (FOB) - 2022
The average butter and dairy spreads export price stood at $6,618 per ton in 2022, rising by 37% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 166% against the previous year. The export price peaked at $6,649 per ton in 2017; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($10,607 per ton), while the average price for exports to Mauritania ($1,139 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 Spain (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Butter and Dairy Spreads in Morocco
In 2022, the amount of butter and dairy spreads imported into Morocco amounted to 15K tons, therefore, remained relatively stable against the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.3%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, butter and dairy spreads imports soared to $87M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Butter and Dairy Spreads in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 26.4 | 15.3 | 14.8 | 17.5 | -12.8% |
| India | 9.0 | 1.3 | N/A | 16.0 | 21.1% |
| Turkey | N/A | N/A | 0.1 | 11.1 | 11000.0% |
| Ireland | 15.8 | 23.3 | 22.8 | 10.9 | -11.6% |
| Portugal | 1.9 | 9.2 | 13.2 | 5.7 | 44.2% |
| Argentina | 0.1 | N/A | 2.5 | 4.8 | 263.4% |
| Uruguay | 0.7 | 5.8 | 1.6 | 4.4 | 84.6% |
| Belgium | 3.6 | 4.7 | 3.2 | 3.7 | 0.9% |
| France | 4.2 | 3.2 | 3.3 | 3.4 | -6.8% |
| Ukraine | 5.9 | N/A | 0.6 | 1.3 | -39.6% |
| Others | 2.6 | 5.8 | 11.0 | 8.0 | 45.4% |
| Total | 70.2 | 68.6 | 73.2 | 86.8 | 7.3% |
Top Suppliers of Butter and Dairy Spreads to Morocco in 2022:
- India (3.5K tons)
- New Zealand (3.0K tons)
- Turkey (2.1K tons)
- Ireland (1.8K tons)
- Portugal (0.9K tons)
- Argentina (0.9K tons)
- Uruguay (0.7K tons)
- Belgium (0.5K tons)
- France (0.4K tons)
- Ukraine (0.2K tons)
Exports of Butter and Dairy Spreads in Morocco
Butter and dairy spreads exports from Morocco shrank to 21 tons in 2022, declining by -12.9% on the previous year. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 640%. As a result, the exports reached the peak of 25 tons, and then declined in the following year.
In value terms, butter and dairy spreads exports surged to $141K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 733% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Butter and Dairy Spreads in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 0.3 | 1.1 | 266.7% |
| France | N/A | N/A | N/A | 1.0 | 0% |
| Spain | N/A | 0.2 | N/A | 0.6 | 73.2% |
| Mauritania | 2.4 | 2.5 | 0.2 | 0.2 | -56.3% |
| Senegal | 0.4 | 0.1 | 88.7 | 0.1 | -37.0% |
| Qatar | N/A | N/A | 8.5 | N/A | 0% |
| Saudi Arabia | N/A | N/A | 0.4 | N/A | 0% |
| Others | 26.7 | 11.4 | 20.8 | 138 | 72.9% |
| Total | 29.6 | 14.3 | 119 | 141 | 68.3% |
Top Export Markets for Butter and Dairy Spreads from Morocco in 2022:
- Senegal (undefined tons)
- Mauritania (0.2 tons)
- France (0.1 tons)
- Russia (0.1 tons)
- Spain (0.1 tons)
This report provides an in-depth analysis of the market for butter and dairy spreads 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 983 - Butter and Ghee of Sheep Milk
- FCL 1022 - Butter of Goat Milk
- FCL 952 - Butter of Buffalo Milk
- FCL 886 - Butter of Cow Milk
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the market for butter and dairy spreads in Morocco.
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This report provides an in-depth analysis of the butter and ghee market in Morocco.
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This report provides an in-depth analysis of the ghee market in Morocco.
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This report provides an in-depth analysis of the butter market in Morocco.
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This report provides an in-depth analysis of the dairy produce market in Morocco.
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This report provides an in-depth analysis of the dairy spread market in Morocco.
909
This report provides an in-depth analysis of the global market for butter and dairy spreads.
2092
This report provides an in-depth analysis of the global butter and ghee market.
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This report provides an in-depth analysis of the global ghee market.
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This report provides an in-depth analysis of the global butter market.
7860
Global butter and ghee consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
2848
Global butter and ghee exports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
6338
Global butter and ghee imports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
6784
In 2015, the countries with the highest levels of butter and ghee production were Turkey (X thousand tons), Iran (X thousand tons), Syria (X thousand tons), together accounting for X% of total output.
1030
The global butter and ghee market fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015.
2787
The market of butter and ghee fluctuated wildly, finally rising from X billion USD in 2007 to X billion USD in 2015. Over the last year, the market dropped by X% in value terms.
1754
New Zealand seized control of the butter and ghee market. In 2014, New Zealand exported X thousand tons of butter and ghee totaling X USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total but
1581
New Zealand continued its dominance in the global ghee trade. In 2014, New Zealand exported X thousand tons of ghee totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total ghee
917
This year global butter production is anticipated to keep up with ha last year, amounting to 5.6M tons. The EU is forecast to decrease butter exports due to a slight drop in production amid an increase in demand. Butter exports from New Zealand are not forecast to grow due to increased competition with UHT cream for food service being increasingly in demand.
2012
The global trade in butter amounted to X million USD in 2015, fluctuating wildly over the period under review. A significant drop in 2009 was followed by a recovery over the next two years, until exports decreased again
