Morocco: Market for Smoked Fish Other than Salmon and Herring 2022

Market Size for Smoked Fish Other than Salmon and Herring in Morocco

The Moroccan market for smoked fish other than salmon and herring skyrocketed to $X in 2021, rising by X% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Smoked Fish Other than Salmon and Herring in Morocco

In value terms, production of smoked fish other than salmon and herring soared to $X in 2021 estimated in export price. Over the period under review, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Smoked Fish Other than Salmon and Herring

Exports from Morocco

Exports of smoked fish other than salmon and herring from Morocco soared to X kg in 2021, rising by X% compared with the year before. Over the period under review, total exports indicated a moderate expansion 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, exports decreased by -X% against 2019 indices. The exports peaked at X kg in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of smoked fish other than salmon and herring soared to $X in 2021. In general, exports recorded strong growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Niger (X kg), France (X kg) and Germany (X kg) were the main destinations of exports of smoked fish other than salmon and herring from Morocco, with a combined X% share of total exports.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for smoked fish other than salmon and herring exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with an X% share of total exports. It was followed by Switzerland, with an X% share.

From 2012 to 2020, the average annual rate of growth in terms of value to France totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Switzerland (X% per year).

Export Prices by Country

The average export price for smoked fish other than salmon and herring stood at $X per ton in 2020, waning by -X% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Smoked Fish Other than Salmon and Herring

Imports into Morocco

In 2021, supplies from abroad of smoked fish other than salmon and herring decreased by -X% to X tons, falling for the fifth year in a row after three years of growth. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of smoked fish other than salmon and herring surged to $X in 2021. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

France (X kg) and Spain (X kg) were the main suppliers of imports of smoked fish other than salmon and herring to Morocco.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of -X value terms, France ($X) constituted the largest supplier of smoked fish other than salmon and herring to Morocco, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of value from France stood at -X%.

Import Prices by Country

The average import price for smoked fish other than salmon and herring stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Spain (+X%).

Source: IndexBox Platform