Morocco: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Morocco

The Moroccan market for crispbread, rusks and toasted bread expanded to $X in 2023, growing by X% against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Crispbread, rusk and toasted bread consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in Morocco

In value terms, crispbread, rusk and toasted bread production rose slightly to $X in 2023 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Morocco

Crispbread, rusk and toasted bread exports from Morocco declined rapidly to X tons in 2023, which is down by X% against 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, crispbread, rusk and toasted bread exports soared to $X in 2023. Over the period under review, exports, however, saw tangible growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Switzerland (X kg), Belgium (X kg) and Turkey (X kg) were the main destinations of crispbread, rusk and toasted bread exports from Morocco, with a combined X% share of total exports. Moreover, crispbread, rusk and toasted bread exports in Switzerland exceeded the figures recorded by the second-largest exporter, Belgium, twofold.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) emerged as the key foreign market for crispbread, rusks and toasted bread exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with less than X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Turkey (X% per year).

Export Prices by Country

The average export price for crispbread, rusks and toasted bread stood at $X per ton in 2023, jumping by X% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced a decline.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Morocco

In 2023, after six years of growth, there was decline in purchases abroad of crispbread, rusks and toasted bread, when their volume decreased by X% to X tons. Overall, imports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at X tons in 2022, and then fell slightly in the following year.

In value terms, crispbread, rusk and toasted bread imports soared to $X in 2023. Over the period under review, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

Spain (X tons), France (X tons) and Egypt (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Morocco, with a combined X% share of total imports. Bulgaria, Italy, Portugal and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread suppliers to Morocco were France ($X), Spain ($X) and Bulgaria ($X), with a combined X% share of total imports. Italy, Portugal, Germany and Egypt lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform