Morocco - Fresh Or Chilled Salmonoids Fillets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fresh or Chilled Salmonoids Fillets in Morocco - 2023
Contents:
- Price for Fresh or Chilled Salmonoids Fillets in Morocco (FOB) - 2023
- Price for Fresh or Chilled Salmonoids Fillets in Morocco (CIF) - 2022
- Exports of Fresh or Chilled Salmonoids Fillets in Morocco
- Imports of Fresh or Chilled Salmonoids Fillets in Morocco
Price for Fresh or Chilled Salmonoids Fillets in Morocco (FOB) - 2023
In June 2023, the average export price for fresh or chilled salmonoids fillets amounted to $10,407 per ton, which is down by -2.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 21% m-o-m. Over the period under review, the average export prices reached the maximum at $10,717 per ton in May 2023, and then dropped modestly in the following month.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Russia ($28,488 per ton), while the average price for exports to Portugal ($6,313 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Salmonoids Fillets in Morocco (CIF) - 2022
In 2022, the average import price for fresh or chilled salmonoids fillets amounted to $11,453 per ton, approximately reflecting the previous year. Overall, the import price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 25%. Over the period under review, average import prices reached the maximum at $11,565 per ton in 2021, and then contracted in the following year.
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 Spain ($43,313 per ton), while the price for Mauritania stood at $10,398 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.4%).
Exports of Fresh or Chilled Salmonoids Fillets in Morocco
In 2022, the amount of fresh or chilled salmonoids fillets exported from Morocco reduced to 2.5K tons, falling by -11.6% compared with 2021 figures. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +36.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports reached the peak of 2.9K tons, and then fell in the following year.
In value terms, fresh or chilled salmonoids fillets exports shrank to $23M in 2022. Overall, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 126%. As a result, the exports reached the peak of $24M, and then dropped slightly in the following year.
Export of Fresh or Chilled Salmonoids Fillets in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 9.6 | 7.6 | 19.2 | 16.4 | 19.5% |
Portugal | 1.8 | 1.5 | 2.1 | 3.7 | 27.1% |
Russia | 0.8 | 0.5 | 1.1 | 1.5 | 23.3% |
Italy | 1.5 | 0.6 | 1.1 | 0.8 | -18.9% |
Canada | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
Others | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
Total | 14.1 | 10.7 | 24.1 | 23.1 | 17.9% |
Top Export Markets for Fresh or Chilled Salmonoids Fillets from Morocco in 2022:
- Spain (1768.1 tons)
- Portugal (609.4 tons)
- Russia (51.6 tons)
- Italy (51.1 tons)
- Canada (38.6 tons)
Imports of Fresh or Chilled Salmonoids Fillets in Morocco
In 2022, after two years of decline, there was significant decline in purchases abroad of fresh or chilled salmonoids fillets, when their volume decreased by -49.5% to 1 tons. In general, imports saw a dramatic descent.
In value terms, fresh or chilled salmonoids fillets imports reduced remarkably to $12K in 2022. Overall, imports saw a precipitous contraction.
Import of Fresh or Chilled Salmonoids Fillets in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 44.0 | N/A | 7.9 | 10.6 | -37.8% |
Spain | 4.4 | N/A | 0.5 | 0.7 | -45.8% |
Mozambique | N/A | N/A | 10.6 | N/A | 0% |
Others | 3.8 | N/A | 4.6 | 0.6 | -46.0% |
Total | 52.2 | N/A | 23.7 | 11.9 | -38.9% |
Top Suppliers of Fresh or Chilled Salmonoids Fillets to Morocco in 2022:
- Mauritania (1017.0 kg)
- Spain (16.0 kg)
This report provides an in-depth analysis of the market for fresh or chilled salmonoids fillets 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:
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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