Morocco - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Morocco - Processed Cheese (Excluding Grated Or Powdered) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Processed Cheese (Excluding Grated or Powdered) in Morocco - 2023

Contents:

  1. Price for Processed Cheese (Excluding Grated or Powdered) in Morocco (FOB) - 2023
  2. Price for Processed Cheese (Excluding Grated or Powdered) in Morocco (CIF) - 2023
  3. Exports of Processed Cheese (Excluding Grated or Powdered) in Morocco
  4. Imports of Processed Cheese (Excluding Grated or Powdered) in Morocco

Price for Processed Cheese (Excluding Grated or Powdered) in Morocco (FOB) - 2023

In June 2023, the average export price for processed cheese (excluding grated or powdered) amounted to $6,378 per ton, waning by -7.5% against the previous month. Over the period under review, export price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, export price for processed cheese (excluding grated or powdered) decreased by -7.5% against May 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 32% against the previous month. Over the period under review, the average export prices hit record highs at $8,374 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Saudi Arabia ($8,827 per ton), while the average price for exports to Senegal ($3,137 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 the United States (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Processed Cheese (Excluding Grated or Powdered) in Morocco (CIF) - 2023

In June 2023, the average import price for processed cheese (excluding grated or powdered) amounted to $5,490 per ton, rising by 1.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 12% against the previous month. The import price peaked at $6,079 per ton in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was France ($7,682 per ton), while the price for Germany amounted to $5,258 per ton.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Processed Cheese (Excluding Grated or Powdered) in Morocco

For the third year in a row, Morocco recorded decline in shipments abroad of processed cheese (excluding grated or powdered), which decreased by -23% to 2.6K tons in 2022. In general, exports showed a dramatic shrinkage.

In value terms, exports of processed cheese (excluding grated or powdered) dropped dramatically to $14M in 2022. Over the period under review, exports recorded a precipitous slump. The smallest decline of -29.3% was in 2021.

Export of Processed Cheese (Excluding Grated or Powdered) in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.16.57.6323.6%
Saudi Arabia8.22.61.82.1-36.5%
United Arab Emirates1.62.11.21.4-4.4%
Qatar9.27.41.70.8-55.7%
Kuwait0.91.10.70.5-17.8%
SenegalN/A0.10.20.373.2%
Iraq2.01.60.20.2-53.6%
Egypt0.31.00.50.2-12.6%
Lebanon26.710.45.2N/A-55.9%
OmanN/AN/A1.3N/A0%
Others1.62.41.11.0-14.5%
Total50.528.720.314.1-34.6%

Top Export Markets for Processed Cheese (Excluding Grated or Powdered) from Morocco in 2022:

  1. United States (1704.9 tons)
  2. Saudi Arabia (262.3 tons)
  3. United Arab Emirates (154.2 tons)
  4. Qatar (95.0 tons)
  5. Senegal (94.3 tons)
  6. Kuwait (67.2 tons)
  7. Egypt (44.0 tons)
  8. Iraq (24.5 tons)

Imports of Processed Cheese (Excluding Grated or Powdered) in Morocco

In 2022, approx. 1.5K tons of processed cheese (excluding grated or powdered) were imported into Morocco; reducing by -24.3% on the year before. Overall, imports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year.

In value terms, imports of processed cheese (excluding grated or powdered) reduced dramatically to $7.1M in 2022. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year.

Import of Processed Cheese (Excluding Grated or Powdered) in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.82.23.03.911.7%
France1.91.52.61.8-1.8%
Netherlands0.20.50.71.281.7%
Tunisia4.40.40.30.1-71.7%
Egypt2.11.41.4N/A-18.4%
Others0.40.50.80.1-37.0%
Total11.86.58.87.1-15.6%

Top Suppliers of Processed Cheese (Excluding Grated or Powdered) to Morocco in 2022:

  1. Germany (885.3 tons)
  2. France (323.9 tons)
  3. Netherlands (237.6 tons)
  4. Tunisia (24.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for processed cheese (excluding grated or powdered) 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 10514070 - Processed cheese (excluding grated or powdered)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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