Morocco: Grain Market 2024

Grain Market Size in Morocco

For the third year in a row, the Moroccan grain market recorded growth in sales value, which increased by X% to $X in 2022. In general, the total consumption indicated moderate growth 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. Grain consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Grain Production in Morocco

In value terms, grain production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a measured increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of cereal grains in Morocco shrank dramatically to X tons per ha in 2022, with a decrease of X% compared with 2021. Over the period under review, the yield, however, saw notable growth. The pace of growth appeared the most rapid in 2021 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then fell remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grain harvested area in Morocco dropped modestly to X ha in 2022, standing approx. at 2021. In general, the harvested area recorded a slight slump. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the grain harvested area failed to regain momentum.

Grain Exports

Exports from Morocco

In 2022, approx. X tons of cereal grains were exported from Morocco; with a decrease of X% against the previous year's figure. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, grain exports declined remarkably to $X in 2022. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Mauritania (X tons) was the main destination for grain exports from Morocco, with a X% share of total exports. Moreover, grain exports to Mauritania exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania stood at X%.

In value terms, Mauritania ($X) emerged as the key foreign market for cereal grains exports from Morocco, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mauritania amounted to X%.

Export Prices by Country

In 2022, the average grain export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price posted a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Mauritania totaled $X per ton.

From 2012 to 2022, 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.

Grain Imports

Imports into Morocco

In 2022, approx. X tons of cereal grains were imported into Morocco; growing by X% against 2021 figures. Over the period under review, total imports indicated a measured increase 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 decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, grain imports skyrocketed to $X in 2022. Overall, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X tons), Argentina (X tons) and Brazil (X tons) were the main suppliers of grain imports to Morocco, together comprising X% of total imports. Canada, Germany, the United States, Poland, Ukraine and Russia lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X) constituted the largest supplier of cereal grains to Morocco, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

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

Import Prices by Country

In 2022, the average grain import price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price 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, grain import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform

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