Morocco: Banana Market 2025

Banana Market Size in Morocco

The Moroccan banana market fell modestly to $X in 2022, waning by -2.4% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 -3.4% against 2019 indices. Banana consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Banana Production in Morocco

In value terms, banana production declined modestly to $X in 2022 estimated in export price. Over the period under review, production enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 41% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

The average yield of bananas in Morocco stood at X tons per ha in 2022, almost unchanged from 2021. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 25%. Over the period under review, the average banana yield reached the peak level at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of bananas production in Morocco shrank to X ha, remaining relatively unchanged against 2021 figures. The harvested area increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 71%. As a result, the harvested area attained the peak level of X ha. From 2014 to 2022, the growth of the banana harvested area remained at a lower figure.

Banana Exports

Exports from Morocco

In 2022, shipments abroad of bananas increased by 5.2% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 379% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, banana exports rose slightly to $X in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 486%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mauritania (X tons) was the main destination for banana exports from Morocco, accounting for a 97% share of total exports. It was followed by Mali (X tons), with a 2% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Mauritania stood at +49.1%.

In value terms, Mauritania ($X) emerged as the key foreign market for bananas exports from Morocco, comprising 95% of total exports. The second position in the ranking was taken by Mali ($X), with a 1.6% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Mauritania totaled +55.2%.

Export Prices by Country

The average banana export price stood at $X per ton in 2022, reducing by -3.1% against the previous year. Over the period under review, export price indicated a tangible increase from 2015 to 2022: its price increased at an average annual rate of +4.7% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, banana export price decreased by -31.9% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Mali totaled $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+4.1%).

Banana Imports

Imports into Morocco

In 2022, supplies from abroad of bananas decreased by -28.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 129% against the previous year. Imports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, banana imports declined significantly to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 104%. Over the period under review, imports reached the maximum at $X in 2021, and then declined significantly in the following year.

Imports by Country

Ecuador (X tons) and Costa Rica (X tons) were the main suppliers of banana imports to Morocco.

From 2015 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of +10.1%).

In value terms, Ecuador ($X) and Costa Rica ($X) appeared to be the largest banana suppliers to Morocco.

Ecuador, with a CAGR of +8.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average banana import price stood at $X per ton in 2022, shrinking by -10.2% against the previous year. Overall, the import price saw a mild descent. The pace of growth was the most pronounced in 2016 when the average import price increased by 13%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per ton), while the price for Costa Rica amounted to $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+43.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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