Morocco: Beverage Manufacturing Press Market 2022

Beverage Manufacturing Press Market Size in Morocco

In 2021, the Moroccan beverage manufacturing press market increased by X% to $X, rising for the third year in a row after three years of decline. Over the period under review, consumption showed a remarkable increase. Beverage manufacturing press consumption peaked in 2021 and is likely to see gradual growth in the near future.

Beverage Manufacturing Press Exports

Exports from Morocco

In 2021, approx. X tons of presses and crushers for beverages manufacturing were exported from Morocco; declining by -X% compared with the year before. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, beverage manufacturing press exports reduced notably to $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

France (X tons) and Spain (X tons) were the main destinations of beverage manufacturing press exports from Morocco.

From 2012 to 2021, the biggest increases were in France (with a CAGR of +X value terms, France ($X) remains the key foreign market for beverage manufacturing press exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to France stood at +X%.

Export Prices by Country

In 2021, the average beverage manufacturing press export price amounted to $X per ton, standing approx. at the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2021: its price 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, beverage manufacturing press export price increased by +X% against 2017 indices. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then contracted modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Spain totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%).

Beverage Manufacturing Press Imports

Imports into Morocco

In 2021, overseas purchases of presses and crushers for beverages manufacturing increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw strong growth. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, beverage manufacturing press imports surged to $X in 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, France (X tons) constituted the largest beverage manufacturing press supplier to Morocco, accounting for a X% share of total imports. Moreover, beverage manufacturing press imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and China (+X% per year).

In value terms, France ($X), Spain ($X) and Italy ($X) appeared to be the largest beverage manufacturing press suppliers to Morocco, together accounting for X% of total imports. China and Austria lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average beverage manufacturing press import price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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