Morocco - Flours, Meals And Pellets Of Fish Or Of Crustaceans And Molluscs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Seafood Meals and Pellets in Morocco - 2022
Contents:
- Price for Seafood Meals and Pellets in Morocco (FOB) - 2022
- Price for Seafood Meals and Pellets in Morocco (CIF) - 2022
- Exports of Seafood Meals and Pellets in Morocco
- Imports of Seafood Meals and Pellets in Morocco
Price for Seafood Meals and Pellets in Morocco (FOB) - 2022
In December 2022, the average seafood meals and pellets export price amounted to $1,426 per ton, shrinking by -2.1% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 5.8% m-o-m. Over the period under review, the average export prices hit record highs at $1,527 per ton in September 2022; however, from October 2022 to December 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In December 2022, the countries with the highest prices were Greece ($1,684 per ton) and Saudi Arabia ($1,587 per ton), while the average price for exports to Italy ($1,359 per ton) and Turkey ($1,402 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seafood Meals and Pellets in Morocco (CIF) - 2022
The average seafood meals and pellets import price stood at $1,575 per ton in June 2022, approximately equating the previous month. Overall, the import price enjoyed a noticeable expansion. Over the period under review, average import prices hit record highs in June 2022.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From July 2021 to June 2022, the rate of growth in terms of prices for Turkey amounted to 0.0% per month.
Exports of Seafood Meals and Pellets in Morocco
In 2022, approx. 170K tons of flours, meals and pellets of fish or of crustaceans and molluscs were exported from Morocco; increasing by 24% against 2021 figures. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, seafood meals and pellets exports skyrocketed to $258M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Seafood Meals and Pellets in Morocco (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 88.5 | 85.6 | 64.7 | 142 | 17.1% |
Greece | 7.1 | 16.9 | 19.0 | 27.0 | 56.1% |
Germany | 20.3 | 17.8 | 6.8 | 16.0 | -7.6% |
Spain | 5.9 | 12.4 | 9.1 | 13.0 | 30.1% |
Italy | 1.7 | 3.6 | 5.7 | 8.2 | 69.0% |
Norway | 4.8 | 5.4 | 4.6 | 7.7 | 17.1% |
China | 9.4 | 8.1 | 0.6 | 6.2 | -13.0% |
Saudi Arabia | 1.8 | 4.8 | 4.2 | 6.0 | 49.4% |
Taiwan (Chinese) | 5.1 | 5.3 | 2.6 | 4.7 | -2.7% |
Denmark | 5.5 | 5.0 | 3.4 | 4.5 | -6.5% |
India | 2.5 | 3.4 | 2.5 | 3.6 | 12.9% |
Others | 18.5 | 17.9 | 57.9 | 18.8 | 0.5% |
Total | 171 | 186 | 181 | 258 | 14.7% |
Top Export Markets for Seafood Meals and Pellets from Morocco in 2022:
- Turkey (87.0K tons)
- Greece (18.2K tons)
- Germany (11.9K tons)
- Spain (9.3K tons)
- Italy (5.7K tons)
- China (4.7K tons)
- Denmark (4.5K tons)
- Saudi Arabia (4.0K tons)
- Norway (3.9K tons)
- India (3.4K tons)
- Taiwan (Chinese) (3.2K tons)
Imports of Seafood Meals and Pellets in Morocco
Seafood meals and pellets imports into Morocco reduced dramatically to 188 tons in 2022, declining by -25% on the previous year. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. As a result, imports reached the peak of 250 tons, and then dropped rapidly in the following year.
In value terms, seafood meals and pellets imports declined notably to $224K in 2022. In general, imports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 121%. As a result, imports reached the peak of $308K, and then fell dramatically in the following year.
Import of Seafood Meals and Pellets in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 150 | 67.2 | 226 | 168 | 3.8% |
Spain | 14.3 | 55.5 | 81.6 | 54.9 | 56.6% |
China | N/A | 16.7 | N/A | N/A | 0% |
Senegal | 9.5 | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.5 | 0.5 | 0.8 | 58.7% |
Total | 174 | 140 | 308 | 224 | 8.8% |
Top Suppliers of Seafood Meals and Pellets to Morocco in 2022:
- Turkey (163.9 tons)
- Spain (23.4 tons)
This report provides an in-depth analysis of the market for seafood meals and pellets 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 10204100 - Flours, meals and pellets of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption
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
-
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
This report provides an in-depth analysis of the market for seafood meals and pellets in Morocco.
This report provides an in-depth analysis of the market for meat meals and pellets in Morocco.
This report provides an in-depth analysis of the global market for seafood meals and pellets.
This report provides an in-depth analysis of the global market for meat meals and pellets.
This report provides an in-depth analysis of the market for seafood meals and pellets in Morocco.
This report provides an in-depth analysis of the market for meat meals and pellets in Morocco.
This report provides an in-depth analysis of the global market for seafood meals and pellets.
This report provides an in-depth analysis of the global market for meat meals and pellets.
Explore the top import markets for seafood meals and pellets, including China, Norway, Turkey, and more. Get key statistics and insights from the IndexBox market intelligence platform.
The intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.
In value terms, meat flours, meal and pellets imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, meat flours, meal and pellets exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate ...
Explore the top import markets for seafood meals and pellets, including China, Norway, Turkey, and more. Get key statistics and insights from the IndexBox market intelligence platform.
The intense trade growth seen in recent years is threatened by problems in China, due to the coronavirus epidemic and fears of economic growth.
In value terms, meat flours, meal and pellets imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, meat flours, meal and pellets exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate ...