Morocco - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Morocco - 2023
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Morocco (CIF) - 2023
- Price for Cereal, Fruit or Nut Chocolate Bar in Morocco (FOB) - 2022
- Imports of Cereal, Fruit or Nut Chocolate Bar in Morocco
- Exports of Cereal, Fruit or Nut Chocolate Bar in Morocco
Price for Cereal, Fruit or Nut Chocolate Bar in Morocco (CIF) - 2023
The average import price for chocolate bars with cereals, fruit or nuts stood at $4,802 per ton in June 2023, rising by 2.7% against the previous month. In general, import price indicated a modest increase from June 2022 to June 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for chocolate bars with cereals, fruit or nuts decreased by -0.9% against April 2023 indices. The growth pace was the most rapid in September 2022 when the average import price increased by 48% against the previous month. Over the period under review, average import prices reached the peak figure at $5,409 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($7,842 per ton), while the price for Tunisia ($2,587 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal, Fruit or Nut Chocolate Bar in Morocco (FOB) - 2022
The average export price for chocolate bars with cereals, fruit or nuts stood at $3,645 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2018 when the average export price increased by 25%. The export price peaked at $3,900 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($14,713 per ton), while the average price for exports to Guinea ($1,950 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 France (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal, Fruit or Nut Chocolate Bar in Morocco
After three years of growth, supplies from abroad of chocolate bars with cereals, fruit or nuts decreased by -21.7% to 5.2K tons in 2022. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year.
In value terms, imports of chocolate bars with cereals, fruit or nuts shrank remarkably to $21M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 39%.
| Import of Cereal, Fruit or Nut Chocolate Bar in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 8.3 | 13.2 | 18.2 | 14.3 | 19.9% |
| France | 1.3 | 1.8 | 1.7 | 1.6 | 7.2% |
| Germany | 0.4 | 2.1 | 1.6 | 1.6 | 58.7% |
| Belgium | 0.6 | 0.6 | 1.0 | 0.7 | 5.3% |
| Egypt | 0.6 | 0.5 | 0.4 | 0.5 | -5.9% |
| United Arab Emirates | 2.8 | 1.9 | 2.1 | 0.3 | -52.5% |
| Turkey | 1.3 | 1.2 | 0.6 | 0.2 | -46.4% |
| Others | 1.3 | 2.0 | 2.4 | 1.6 | 7.2% |
| Total | 16.7 | 23.2 | 28.1 | 20.8 | 7.6% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Morocco in 2022:
- Spain (3881.0 tons)
- Germany (298.3 tons)
- France (233.6 tons)
- Belgium (159.1 tons)
- Egypt (121.4 tons)
- United Arab Emirates (102.8 tons)
- Turkey (81.7 tons)
Exports of Cereal, Fruit or Nut Chocolate Bar in Morocco
In 2022, the amount of chocolate bars with cereals, fruit or nuts exported from Morocco reduced markedly to 266 tons, with a decrease of -51% compared with the year before. Overall, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 85% against the previous year. As a result, the exports reached the peak of 543 tons, and then dropped notably in the following year.
In value terms, exports of chocolate bars with cereals, fruit or nuts dropped remarkably to $970K in 2022. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 81% against the previous year. As a result, the exports reached the peak of $2M, and then dropped notably in the following year.
| Export of Cereal, Fruit or Nut Chocolate Bar in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 49.2 | 205 | 713 | 225 | 66.0% |
| Tunisia | 512 | 621 | 652 | 215 | -25.1% |
| Guinea | 49.3 | 63.3 | 197 | 174 | 52.3% |
| France | N/A | N/A | 12.0 | 141 | 1075.0% |
| Lebanon | 30.7 | N/A | 91.9 | 88.2 | 42.2% |
| Mauritania | 6.2 | 17.5 | 72.8 | 33.3 | 75.1% |
| Belgium | 24.1 | 31.9 | 47.3 | 25.7 | 2.2% |
| Oman | N/A | N/A | 56.0 | 0.1 | -99.8% |
| Yemen | N/A | 46.0 | 58.5 | N/A | 27.2% |
| Jordan | 113 | 93.8 | N/A | N/A | -17.0% |
| Senegal | 73.9 | N/A | N/A | N/A | 0% |
| Netherlands | 199 | N/A | N/A | N/A | 0% |
| Others | 167 | 18.6 | 83.7 | 67.7 | -26.0% |
| Total | 1,225 | 1,097 | 1,986 | 970 | -7.5% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Morocco in 2022:
- Guinea (89.1 tons)
- Libya (50.9 tons)
- Tunisia (49.9 tons)
- Lebanon (19.9 tons)
- Mauritania (13.3 tons)
- Belgium (12.4 tons)
- France (9.6 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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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