Morocco - Sugar Crop - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugar Crop Price in Morocco - 2022
Contents:
- Sugar Crop Price in Morocco (FOB) - 2022
- Sugar Crop Price in Morocco (CIF) - 2022
- Sugar Crop Exports in Morocco
- Sugar Crop Imports in Morocco
Sugar Crop Price in Morocco (FOB) - 2022
The average sugar crop export price stood at $20,584 per ton in 2022, growing by 43% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 152%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($30,009 per ton), while the average price for exports to Spain ($16,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+43.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sugar Crop Price in Morocco (CIF) - 2022
The average sugar crop import price stood at $2,473 per ton in 2022, jumping by 94% against the previous year. In general, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 202%. Over the period under review, average import prices hit record highs at $5,115 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Cyprus ($19,534 per ton), while the price for Algeria ($431 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+41.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Sugar Crop Exports in Morocco
In 2022, approx. 7.8K tons of sugar crops were exported from Morocco; with a decrease of -53.2% on the previous year's figure. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -13.2% was in 2021.
In value terms, sugar crop exports reduced sharply to $161M in 2022. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 119%. As a result, the exports reached the peak of $240M, and then reduced notably in the following year.
| Export of Sugar Crop in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 47.1 | 53.7 | 71.2 | 81.1 | 19.9% |
| Italy | 39.8 | 40.8 | 135 | 65.2 | 17.9% |
| Switzerland | 9.1 | 13.6 | 23.5 | 11.1 | 6.8% |
| Turkey | 3.0 | 1.5 | 7.5 | 3.0 | 0.0% |
| Others | N/A | 0.1 | 2.9 | 0.7 | 164.6% |
| Total | 98.9 | 110 | 240 | 161 | 17.6% |
Top Export Markets for Sugar Crop from Morocco in 2022:
- Spain (5.0K tons)
- Italy (2.2K tons)
- Switzerland (0.4K tons)
- Turkey (0.1K tons)
Sugar Crop Imports in Morocco
For the fourth year in a row, Morocco recorded growth in purchases abroad of sugar crops, which increased by 41% to 8.1K tons in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,877%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, sugar crop imports soared to $20M in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,611% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Sugar Crop in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | 1.2 | 5.5 | 358.3% |
| Cyprus | N/A | N/A | 1.0 | 4.6 | 360.0% |
| Spain | N/A | 0.2 | 2.3 | 3.6 | 324.3% |
| Libya | N/A | N/A | N/A | 3.3 | 0% |
| Algeria | 0.1 | 1.9 | 1.9 | 1.4 | 141.0% |
| Jordan | N/A | N/A | N/A | 0.3 | 0% |
| Tunisia | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | N/A | N/A | 0.9 | 1.2 | 33.3% |
| Total | 0.1 | 2.2 | 7.3 | 20.1 | 485.8% |
Top Suppliers of Sugar Crop to Morocco in 2022:
- Algeria (3.4K tons)
- Libya (2.8K tons)
- Lebanon (0.7K tons)
- Spain (0.3K tons)
- Tunisia (0.2K tons)
- Jordan (0.2K tons)
- Cyprus (0.2K tons)
This report provides an in-depth analysis of the sugar crop market 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:
- FCL 161 - Sugar crops nes
- FCL 156 - Sugar cane
- FCL 459 - Chicory roots
- FCL 157 - Sugar beet
- FCL 461 - Carobs
- FCL 460 - Vegetable products, fresh or dry nes
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
139
This report provides an in-depth analysis of the sugar crop market in Morocco.
240
This report provides an in-depth analysis of the vegetable product market in Morocco.
344
This report provides an in-depth analysis of the chicory market in Morocco.
677
This report provides an in-depth analysis of the sugar beet market in Morocco.
772
This report provides an in-depth analysis of the sugar cane market in Morocco.
1231
This report provides an in-depth analysis of the carob market in Morocco.
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This report provides an in-depth analysis of the market for cellulose and its chemical derivatives in primary forms in Morocco.
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This report provides an in-depth analysis of the global sugar crop market.
2474
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
3811
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
1559
Despite somewhat disappointing export numbers in 2014, Italy continued to lead the way in the global chicory trade. In 2014, Italy exported X thousand tons of chicory totaling X million USD, X% under the previous year. Its primary trading partner w
1134
Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
6641
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
2320
In 2015, the countries with the highest levels of sugar beet production were France (X thousand tons), Germany (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
2219
The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported X thousand tons of sugar beet totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its tot
3467
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1870
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
2318
Spain continued its dominance in the global sugar cane trade. In 2014, Spain exported X kt of sugar cane totaling $X, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total sugar cane exports in
