Morocco: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Morocco

The Moroccan spirits and liqueurs market skyrocketed to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a resilient expansion 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 increased by X% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spirits And Liqueurs Exports

Exports from Morocco

In 2022, the amount of spirits, liqueurs and other spirituous beverages exported from Morocco declined to X litres, with a decrease of X% against the previous year's figure. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X litres in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, spirits and liqueurs exports soared to $X in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

France (X litres) was the main destination for spirits and liqueurs exports from Morocco, with a X% share of total exports. It was followed by Spain (X litres), with a X% share of total exports.

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

In value terms, France ($X) remains the key foreign market for spirits, liqueurs and other spirituous beverages exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, surging by X% against the previous year. Overall, the export price showed significant growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per litre), while the average price for exports to France stood at $X per litre.

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

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Spirits And Liqueurs Imports

Imports into Morocco

Spirits and liqueurs imports into Morocco skyrocketed to X litres in 2022, rising by X% against the previous year. Over the period under review, total imports indicated a moderate expansion 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, imports increased by X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports skyrocketed to $X in 2022. Overall, total imports indicated a resilient 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X litres), France (X litres) and Spain (X litres) were the main suppliers of spirits and liqueurs imports to Morocco, with a combined X% share of total imports. Bulgaria, Italy, the United States, Sweden and Poland lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Morocco, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the United States (X% per year).

Import Prices by Country

The average spirits and liqueurs import price stood at $X per litre in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The import price peaked at $X per litre in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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