Morocco: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Morocco

The Moroccan peach and nectarine market fell modestly to $X in 2022, approximately reflecting the previous year. Over the period under review, consumption saw resilient growth. Peach and nectarine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Peach And Nectarine Production in Morocco

In value terms, peach and nectarine production dropped slightly to $X in 2022 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of peaches and nectarines in Morocco dropped modestly to X tons per ha in 2022, approximately mirroring the previous year's figure. Over the period under review, the yield recorded a mild contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. The peach and nectarine yield peaked at X tons per ha in 2018; however, from 2019 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peaches and nectarines production in Morocco reached X ha, approximately equating the previous year. In general, the harvested area continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. The peach and nectarine harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Peach And Nectarine Exports

Exports from Morocco

After two years of growth, shipments abroad of peaches and nectarines decreased by X% to X tons in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then plummeted in the following year.

In value terms, peach and nectarine exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main destinations of peach and nectarine exports from Morocco, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the largest markets for peach and nectarine exported from Morocco worldwide, together accounting for X% of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average peach and nectarine export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, recorded a pronounced shrinkage. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Switzerland ($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 Qatar (X%), while the prices for the other major destinations experienced mixed trend patterns.

Peach And Nectarine Imports

Imports into Morocco

In 2022, supplies from abroad of peaches and nectarines increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, peach and nectarine imports surged to $X in 2022. Overall, imports recorded a slight expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) constituted the largest peach and nectarine supplier to Morocco, with a X% share of total imports. Moreover, peach and nectarine imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, Spain ($X) constituted the largest supplier of peaches and nectarines to Morocco, comprising X% of total imports. The second position in the ranking was taken by Portugal ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

In 2022, the average peach and nectarine import price amounted to $X per ton, waning by X% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Portugal ($X per ton), while the price for South Africa ($X per ton) and Chile ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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