Morocco - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Morocco - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights

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Tomato Puree Price in Morocco - 2022

Contents:

  1. Tomato Puree Price in Morocco (CIF) - 2022
  2. Tomato Puree Price in Morocco (FOB) - 2022
  3. Tomato Puree Imports in Morocco
  4. Tomato Puree Exports in Morocco

Tomato Puree Price in Morocco (CIF) - 2022

The average tomato puree import price stood at $1,667 per ton in December 2022, surging by 13% against the previous month. In general, import price indicated a temperate increase from December 2021 to December 2022: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, tomato puree import price decreased by -18.9% against July 2022 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 74% m-o-m. As a result, import price reached the peak level of $2,056 per ton. From August 2022 to December 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Egypt ($1,705 per ton), while the price for Spain totaled $1,528 per ton.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%).

Tomato Puree Price in Morocco (FOB) - 2022

The average tomato puree export price stood at $2,688 per ton in December 2022, picking up by 43% against the previous month. Overall, export price indicated slight growth from December 2021 to December 2022: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, tomato puree export price increased by +94.5% against October 2022 indices. Over the period under review, the average export prices reached the maximum at $2,887 per ton in August 2022; however, from September 2022 to December 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In December 2022, the country with the highest price was Belgium ($2,909 per ton), while the average price for exports to the United States ($2,474 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 Saudi Arabia (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports in Morocco

After three years of growth, overseas purchases of tomato puree and paste decreased by -12.5% to 10K tons in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13%.

In value terms, tomato puree imports reduced modestly to $15M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 24%.

Import of Tomato Puree in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt7.89.311.411.313.2%
Spain2.12.42.52.911.4%
China0.60.60.40.1-45.0%
Others0.61.61.20.5-5.9%
Total11.213.915.514.910.0%

Top Suppliers of Tomato Puree to Morocco in 2022:

  1. Egypt (7.4K tons)
  2. Spain (2.4K tons)
  3. China (0.1K tons)

Tomato Puree Exports in Morocco

In 2022, the amount of tomato puree and paste exported from Morocco soared to 1K tons, picking up by 43% against the year before. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 79%. As a result, the exports reached the peak of 1.1K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tomato puree exports skyrocketed to $2.5M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 69%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Tomato Puree in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9841,2465371,2388.0%
Spain20643950247832.4%
Belgium13232836240445.2%
Saudi ArabiaN/AN/A1.023923800.0%
Canada21.842.334.372.349.1%
GuineaN/A34546.633.1-69.0%
Others11774.916450.5-24.4%
Total1,4612,4751,6472,51519.8%

Top Export Markets for Tomato Puree from Morocco in 2022:

  1. France (514.4 tons)
  2. Spain (216.6 tons)
  3. Belgium (153.7 tons)
  4. Saudi Arabia (79.2 tons)
  5. Canada (24.8 tons)
  6. Guinea (19.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato puree 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 391 - Paste of Tomatoes

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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Free Data: Tomato Puree And Paste - Morocco