Morocco: Preserved Swine Meat Market 2024

Preserved Swine Meat Market Size in Morocco

The Moroccan preserved swine meat market stood at $X in 2022, approximately equating the previous year. In general, the total consumption indicated temperate growth 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, consumption decreased by X% against 2019 indices. Preserved swine meat consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Preserved Swine Meat Production in Morocco

In value terms, preserved swine meat production dropped to $X in 2022 estimated in export price. Overall, the total production indicated buoyant growth 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Preserved Swine Meat Exports

Exports from Morocco

In 2022, the amount of prepared or preserved hams and cuts of swine meat exported from Morocco shrank significantly to X kg, reducing by X% compared with the previous year. Overall, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X kg in 2021, and then dropped markedly in the following year.

In value terms, preserved swine meat exports reduced sharply to $X in 2022. In general, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for preserved swine meat exports from Morocco, with a X% share of total exports. Moreover, preserved swine meat exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Kenya (X kg), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire amounted to X%.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for prepared or preserved hams and cuts of swine meat exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire stood at X%.

Export Prices by Country

In 2022, the average preserved swine meat export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Kenya totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%).

Preserved Swine Meat Imports

Imports into Morocco

In 2022, preserved swine meat imports into Morocco expanded markedly to X tons, growing by X% compared with 2021. In general, imports showed buoyant growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, preserved swine meat imports shrank slightly to $X in 2022. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced slightly in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of preserved swine meat to Morocco, with a X% share of total imports. Moreover, preserved swine meat imports from France exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from France amounted to X%.

In value terms, France ($X) constituted the largest supplier of prepared or preserved hams and cuts of swine meat to Morocco, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France totaled X%.

Import Prices by Country

The average preserved swine meat import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%).

Source: IndexBox Platform

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