Morocco - Fish Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fish Fat and Oil in Morocco - 2022
Contents:
- Price for Fish Fat and Oil in Morocco (FOB) - 2022
- Price for Fish Fat and Oil in Morocco (CIF) - 2022
- Exports of Fish Fat and Oil in Morocco
- Imports of Fish Fat and Oil in Morocco
Price for Fish Fat and Oil in Morocco (FOB) - 2022
In December 2022, the average fish fat and oil export price amounted to $3,998 per ton, growing by 4.7% against the previous month. In general, export price indicated prominent growth from December 2021 to December 2022: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, fish fat and oil export price increased by +32.3% against April 2022 indices. The pace of growth was the most pronounced in July 2022 an increase of 18% against the previous month. The export price peaked in December 2022.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Germany ($4,344 per ton), while the average price for exports to Chile ($2,763 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 Chile (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish Fat and Oil in Morocco (CIF) - 2022
The average fish fat and oil import price stood at $3,349 per ton in 2022, rising by 99% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 116%. Over the period under review, average import prices attained the maximum at $4,801 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +8.1% per year.
Exports of Fish Fat and Oil in Morocco
In 2022, the amount of fish fats and oils exported from Morocco surged to 50K tons, rising by 67% compared with the previous year's figure. In general, total exports indicated prominent growth 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. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, fish fat and oil exports soared to $159M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fish Fat and Oil in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 15.4 | 9.5 | 18.3 | 44.1 | 42.0% |
| France | 12.8 | 21.9 | 12.4 | 27.6 | 29.2% |
| China | 4.8 | 9.5 | 1.4 | 27.2 | 78.3% |
| Norway | 6.9 | 7.5 | 7.0 | 24.7 | 53.0% |
| Chile | 3.9 | 4.5 | 2.7 | 8.9 | 31.7% |
| Denmark | N/A | 1.4 | 1.5 | 6.8 | 120.4% |
| Iceland | N/A | 2.6 | 3.8 | 4.3 | 28.6% |
| Spain | 2.7 | 3.1 | 4.0 | 1.4 | -19.7% |
| Netherlands | 10.4 | 15.6 | 6.6 | 0.7 | -59.3% |
| Malaysia | 2.2 | 1.2 | N/A | 0.4 | -43.3% |
| Others | 5.2 | 10.2 | 7.7 | 13.4 | 37.1% |
| Total | 64.3 | 87.1 | 65.3 | 159 | 35.2% |
Top Export Markets for Fish Fat and Oil from Morocco in 2022:
- Peru (11.3K tons)
- France (8.2K tons)
- Norway (7.9K tons)
- Chile (7.7K tons)
- China (7.0K tons)
- Denmark (2.0K tons)
- Iceland (1.1K tons)
- Spain (0.5K tons)
- Netherlands (0.3K tons)
- Malaysia (0.2K tons)
Imports of Fish Fat and Oil in Morocco
Fish fat and oil imports into Morocco skyrocketed to 1.2K tons in 2022, rising by 793% against the previous year. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fish fat and oil imports surged to $4M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fish Fat and Oil in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 100 | N/A | N/A | 4,007 | 242.2% |
| France | 0.7 | 7.3 | 215 | 0.9 | 8.7% |
| Thailand | 439 | 1,224 | N/A | N/A | 178.8% |
| Peru | 113 | N/A | N/A | N/A | 0% |
| Georgia | N/A | 149 | N/A | N/A | 0% |
| Others | 24.5 | 4.7 | 10.2 | 4.6 | -42.7% |
| Total | 677 | 1,385 | 226 | 4,012 | 81.0% |
Top Suppliers of Fish Fat and Oil to Morocco in 2022:
- Turkey (1197.1 tons)
- France (0.6 tons)
This report provides an in-depth analysis of the market for fish fat and oil 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 10411200 - Fats and oils and their fractions of fish or marine mammals (excluding chemically modified)
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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This report provides an in-depth analysis of the market for fish fat and oil in Morocco.
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This report provides an in-depth analysis of the global market for fish fat and oil.
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This report provides an in-depth analysis of the market for fish fat and oil in Morocco.
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This report provides an in-depth analysis of the global market for fish fat and oil.
575
Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
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Over the past decade, global production of fish fat and oil rose from 3.7M tons to 11.3M tons. In value terms, production expanded significantly from $6.5B to $16.7B estimated in export prices.
