Report Update Nov 1, 2024

Morocco - Bacon, Ham and Other Dried, Salted or Smoked Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Bacon And Ham Market 2024

Bacon And Ham Market Size in Morocco

After two years of decline, the Moroccan bacon and ham market increased by 38% to $X in 2022. Over the period under review, consumption showed strong growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Bacon And Ham Exports

Exports from Morocco

In 2021, after three years of decline, there was significant decline in overseas shipments of bacon, ham and other dried, salted or smoked pig meat, when their volume decreased by -96.7% to X kg. Over the period under review, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2016 with an increase of 31%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, bacon and ham exports fell remarkably to $X in 2021. In general, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2016 with an increase of 42%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Korea (X kg) was the main destination for bacon and ham exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to South Korea was relatively modest.

In value terms, South Korea ($X) emerged as the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from Morocco.

From 2012 to 2021, the average annual rate of growth in terms of value to South Korea was relatively modest.

Export Prices by Country

In 2021, the average bacon and ham export price amounted to $X per ton, declining by -2.1% against the previous year. Overall, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2021, the rate of growth in terms of prices for Cameroon amounted to +20.1% per year.

Bacon And Ham Imports

Imports into Morocco

In 2022, supplies from abroad of bacon, ham and other dried, salted or smoked pig meat was finally on the rise to reach X tons after two years of decline. Over the period under review, imports showed prominent growth. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, bacon and ham imports surged to $X in 2022. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of 41%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons) and Spain (X tons) were the main suppliers of bacon and ham imports to Morocco.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +32.0%).

In value terms, Spain ($X) and France ($X) were the largest bacon and ham suppliers to Morocco.

Among the main suppliers, Spain, with a CAGR of +37.2%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average bacon and ham import price amounted to $X per ton, dropping by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2018 an increase of 20%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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 Spain ($X per ton), while the price for France totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bacon, ham and other dried, salted or smoked pig meat in the world?

The countries with the highest volumes of in 2021 were the United States, Germany and Italy, together comprising 42% of global consumption. These countries were followed by the UK, Brazil, Mexico, Spain, Japan, France, Poland, Ireland and South Korea, which together accounted for a further 45%.

What are the largest producers of bacon, ham and other dried, salted or smoked pig meat in the world?

The countries with the highest volumes of in 2021 were the United States, Italy and Germany, with a combined 44% share of global production. These countries were followed by the UK, Brazil, Spain, Mexico, Japan, France, Poland, Ireland, the Netherlands and South Korea, which together accounted for a further 44%.

What are the leading suppliers of bacon, ham and other dried, salted or smoked pig meat to Morocco?

In value terms, Portugal constituted the largest supplier of bacon and ham to Morocco, comprising 67% of total imports. The second position in the ranking was occupied by Spain, with a 29% share of total imports.

What is the average export price for bacon, ham and other dried, salted or smoked pig meat in Morocco?

The average bacon and ham export price stood at $3,400 per ton in 2018, remaining constant against the previous year.

What is the average import price for bacon, ham and other dried, salted or smoked pig meat in Morocco?

In 2021, the average bacon and ham import price amounted to $6,967 per ton, with a decrease of -3.1% against the previous year.

This report provides an in-depth analysis of the bacon and ham market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10131120 - Hams, shoulders and cuts thereof with bone in, of swine, s alted, in brine, dried or smoked
Prodcom 10131150 - Bellies and cuts thereof of swine, salted, in brine, dried or smoked
Prodcom 10131180 - Pig meat salted, in brine, dried or smoked (including bacon, 3/4 sides/middles, fore-ends, loins and cuts thereof, excluding hams, shoulders and cuts thereof with bone in, bellies and cuts thereof)

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023