Morocco - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Morocco - 2022
Contents:
- Tomato Ketchup Price in Morocco (CIF) - 2022
- Tomato Ketchup Price in Morocco (FOB) - 2022
- Tomato Ketchup Imports in Morocco
- Tomato Ketchup Exports in Morocco
Tomato Ketchup Price in Morocco (CIF) - 2022
In December 2022, the average tomato ketchup import price amounted to $1,848 per ton, growing by 18% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $2,002 per ton in December 2021; however, from January 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($4,441 per ton), while the price for Spain ($1,569 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 France (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Tomato Ketchup Price in Morocco (FOB) - 2022
In 2022, the average tomato ketchup export price amounted to $992 per ton, increasing by 19% against the previous year. Over the period under review, the export price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2019 an increase of 36% against the previous year. Over the period under review, the average export prices attained the maximum at $1,371 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($2,800 per ton), while the average price for exports to Senegal ($610 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 Qatar (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Imports in Morocco
In 2022, approx. 13K tons of tomato ketchup and tomato sauces were imported into Morocco; growing by 26% compared with the year before. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 109%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, tomato ketchup imports expanded markedly to $22M in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 104%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Tomato Ketchup in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.5 | 12.7 | 16.8 | 17.3 | 56.7% |
| Portugal | 1.3 | 1.0 | 1.2 | 1.4 | 2.5% |
| Italy | 0.4 | 0.7 | 0.8 | 0.8 | 26.0% |
| Belgium | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
| France | 0.6 | 0.4 | 0.5 | 0.6 | 0.0% |
| Egypt | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Germany | N/A | N/A | 0.4 | 0.4 | 0.0% |
| Others | 0.3 | 0.5 | 0.4 | 0.7 | 32.6% |
| Total | 7.8 | 15.9 | 20.8 | 22.4 | 42.1% |
Top Suppliers of Tomato Ketchup to Morocco in 2022:
- Spain (10.5K tons)
- Portugal (0.8K tons)
- Italy (0.4K tons)
- Belgium (0.4K tons)
- Egypt (0.2K tons)
- France (0.2K tons)
- Germany (0.2K tons)
Tomato Ketchup Exports in Morocco
Tomato ketchup exports from Morocco soared to 84 tons in 2022, jumping by 110% compared with the year before. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, tomato ketchup exports soared to $83K in 2022. Over the period under review, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tomato Ketchup in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 19.6 | 18.1 | 17.8 | 27.9 | 12.5% |
| France | N/A | N/A | N/A | 12.7 | 0% |
| Qatar | 2.8 | N/A | N/A | 9.2 | 48.7% |
| Tunisia | 0.2 | 1.5 | 5.2 | 7.6 | 236.2% |
| Mauritania | 16.7 | 15.6 | 3.2 | 6.1 | -28.5% |
| Mali | N/A | 20.0 | 0.7 | 5.3 | -48.5% |
| Mauritius | N/A | 4.3 | 4.4 | 2.6 | -22.2% |
| Others | 9.0 | 6.1 | 1.8 | 11.6 | 8.8% |
| Total | 48.2 | 65.6 | 33.2 | 83.1 | 19.9% |
Top Export Markets for Tomato Ketchup from Morocco in 2022:
- Senegal (45.8 tons)
- France (8.1 tons)
- Mali (6.5 tons)
- Tunisia (4.2 tons)
- Mauritius (4.0 tons)
- Qatar (3.6 tons)
- Mauritania (2.8 tons)
This report provides an in-depth analysis of the tomato ketchup 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:
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
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
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