Report Update: May 1, 2024

Morocco - Preparations Used In Animal Feeding - Market Analysis, Forecast, Size, Trends and Insights

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Price for Preparations for Animal Feeding in Morocco - 2022

Price for Preparations for Animal Feeding in Morocco (CIF) - 2022

In December 2022, the average preparations for animal feeding import price amounted to $1,625 per ton, rising by 4.2% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2022 an increase of 18% against the previous month. As a result, import price reached the peak level of $1,826 per ton. From February 2022 to December 2022, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($2,244 per ton), while the price for Portugal ($924 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 the Netherlands (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Preparations for Animal Feeding in Morocco (FOB) - 2022

The average preparations for animal feeding export price stood at $643 per ton in December 2022, dropping by -5.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in April 2022 an increase of 41% against the previous month. As a result, the export price reached the peak level of $775 per ton. From May 2022 to December 2022, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In December 2022, the country with the highest price was Senegal ($800 per ton), while the average price for exports to Mauritania ($620 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 Mali (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Preparations for Animal Feeding in Morocco

For the fourth year in a row, Morocco recorded growth in purchases abroad of preparations used in animal feeding, which increased by 16% to 57K tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 40%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, preparations for animal feeding imports surged to $91M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Preparations for Animal Feeding in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	16.6	20.8	24.9	26.5	16.9%
Spain	6.0	10.5	13.3	20.5	50.6%
Italy	2.3	3.8	6.4	7.0	44.9%
Netherlands	2.8	3.1	3.8	6.3	31.0%
Portugal	1.0	1.8	3.7	4.6	66.3%
Germany	3.7	5.2	6.0	3.7	0.0%
Hungary	1.4	2.3	1.7	3.0	28.9%
United States	4.0	3.5	3.2	3.0	-9.1%
Belgium	1.8	1.5	2.2	3.0	18.6%
Turkey	0.2	1.1	1.8	2.7	138.1%
China	1.7	2.2	1.4	1.6	-2.0%
Ireland	0.9	1.2	1.5	1.4	15.9%
Others	5.3	5.7	7.5	7.5	12.3%
Total	47.6	62.6	77.4	90.8	24.0%

Top Suppliers of Preparations for Animal Feeding to Morocco in 2022:

Spain (17.3K tons)
France (12.7K tons)
Italy (6.1K tons)
Portugal (5.1K tons)
Netherlands (3.6K tons)
Turkey (2.1K tons)
Belgium (1.8K tons)
Ireland (1.7K tons)
Hungary (1.4K tons)
Germany (1.3K tons)
United States (0.6K tons)
China (0.5K tons)

Exports of Preparations for Animal Feeding in Morocco

Preparations for animal feeding exports from Morocco surged to 8.5K tons in 2022, increasing by 38% compared with the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 436% against the previous year. As a result, the exports attained the peak of 14K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, preparations for animal feeding exports soared to $5.1M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 648%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Preparations for Animal Feeding in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mauritania	0.3	0.9	1.9	3.6	128.9%
Mali	0.7	1.0	1.0	1.0	12.6%
Senegal	N/A	0.1	0.2	0.2	41.4%
Guinea	0.4	0.2	0.1	N/A	-50.0%
Libya	N/A	9.0	N/A	N/A	0%
Others	0.2	0.3	0.2	0.4	26.0%
Total	1.5	11.6	3.4	5.1	50.4%

Top Export Markets for Preparations for Animal Feeding from Morocco in 2022:

Mauritania (6.5K tons)
Mali (1.6K tons)
Senegal (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for preparations for animal feeding 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 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)
Prodcom 10921030 - Dog or cat food, p.r.s.

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023