Morocco: Meat Market 2024

Meat Market Size in Morocco

The Moroccan meat market was estimated at $X in 2022, standing approx. at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Meat consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Meat Production in Morocco

In value terms, meat production rose modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of meat in Morocco amounted to X kg per head in 2022, picking up by X% against the previous year. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the yield increased by X% against the previous year. The meat yield peaked at X kg per head in 2017; however, from 2018 to 2022, the yield failed to regain momentum.

In 2022, number of animals slaughtered for meat production in Morocco declined modestly to X heads, waning by X% compared with 2021 figures. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X%. The number of animals slaughtered for meat production peaked at X heads in 2021, and then fell modestly in the following year.

Meat Exports

Exports from Morocco

In 2022, shipments abroad of meat increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, meat exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Qatar (X tons) was the main destination for meat exports from Morocco, accounting for a X% share of total exports. It was followed by Spain (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Mauritania (X% per year).

In value terms, Qatar ($X) emerged as the key foreign market for meat exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Mauritania (X% per year).

Export Prices by Country

In 2022, the average meat export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Mauritania ($X per ton), while the average price for exports to Spain ($X 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 Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Meat Imports

Imports into Morocco

In 2022, meat imports into Morocco dropped to X tons, which is down by X% on the previous year. Over the period under review, imports recorded a perceptible curtailment. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, meat imports surged to $X in 2022. In general, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of meat to Morocco, accounting for a X% share of total imports. Moreover, meat imports from Spain exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Australia (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

In value terms, Spain ($X) constituted the largest supplier of meat to Morocco, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

Import Prices by Country

The average meat import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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