Morocco: Market for Frozen Vegetables other than Potato and Corn 2022

Market Size for Frozen Vegetables other than Potato and Corn in Morocco

The Moroccan market for frozen vegetables other than potato and corn contracted modestly to $X in 2021, shrinking by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Production of Frozen Vegetables other than Potato and Corn in Morocco

In value terms, production of frozen vegetables other than potato and corn declined modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then declined modestly in the following year.

Exports of Frozen Vegetables other than Potato and Corn

Exports from Morocco

In 2021, shipments abroad of frozen vegetables other than potato and corn decreased by -X% to X tons for the first time since 2014, thus ending a six-year rising trend. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then dropped in the following year.

In value terms, exports of frozen vegetables other than potato and corn shrank notably to $X in 2021. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced dramatically in the following year.

Exports by Country

France (X tons) was the main destination for exports of frozen vegetables other than potato and corn from Morocco, accounting for a X% share of total exports. Moreover, exports of frozen vegetables other than potato and corn to France exceeded the volume sent to the second major destination, Mauritania (X tons), twofold. The third position in this ranking was taken by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+X% per year) and Poland (+X% per year).

In value terms, France ($X) emerged as the key foreign market for frozen vegetables other than potato and corn exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Mauritania ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average export price for frozen vegetables other than potato and corn stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Vegetables other than Potato and Corn

Imports into Morocco

In 2021, supplies from abroad of frozen vegetables other than potato and corn decreased by -X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced in the following year.

In value terms, imports of frozen vegetables other than potato and corn reduced to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced in the following year.

Imports by Country

Egypt (X tons), Belgium (X tons) and China (X tons) were the main suppliers of imports of frozen vegetables other than potato and corn to Morocco, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen vegetables other than potato and corn suppliers to Morocco were Egypt ($X), China ($X) and Belgium ($X), together comprising X% of total imports.

Among the main suppliers, China, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for frozen vegetables other than potato and corn amounted to $X per ton, shrinking by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Peru ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform