Morocco - Cereal Pellets (Excluding Wheat) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Non-Wheat Cereal Pellets Market 2024
Non-Wheat Cereal Pellets Market Size in Morocco
The Moroccan non-wheat cereal pellets market totaled $X in 2021, with an increase of 4% against the previous year. In general, consumption, however, showed a prominent increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.
Non-Wheat Cereal Pellets Production in Morocco
In value terms, non-wheat cereal pellets production expanded modestly to $X in 2021 estimated in export price. In general, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 46% against the previous year. Non-wheat cereal pellets production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.
Non-Wheat Cereal Pellets Exports
Exports from Morocco
In 2021, shipments abroad of cereal pellets (excluding wheat) increased by 27% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 129%. The exports peaked in 2021 and are expected to retain growth in the near future.
In value terms, non-wheat cereal pellets exports surged to $X in 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 138% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.
Exports by Country
Belgium (X tons) was the main destination for non-wheat cereal pellets exports from Morocco, accounting for a 71% share of total exports. Moreover, non-wheat cereal pellets exports to Belgium exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fivefold. France (X tons) ranked third in terms of total exports with an 11% share.
From 2015 to 2021, the average annual growth rate of volume to Belgium amounted to +86.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+234.4% per year) and France (+11.5% per year).
In value terms, Belgium ($X) remains the key foreign market for cereal pellets (excluding wheat) exports from Morocco, comprising 60% of total exports. The second position in the ranking was taken by France ($X), with a 19% share of total exports. It was followed by the United Arab Emirates, with an 18% share.
From 2015 to 2021, the average annual growth rate of value to Belgium stood at +65.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.5% per year) and the United Arab Emirates (+266.6% per year).
Export Prices by Country
In 2021, the average non-wheat cereal pellets export price amounted to $X per ton, picking up by 33% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.
From 2015 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.8%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Wheat Cereal Pellets Imports
Imports into Morocco
In 2021, overseas purchases of cereal pellets (excluding wheat) were finally on the rise to reach X tons after seven years of decline. Overall, imports, however, recorded a sharp setback. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, non-wheat cereal pellets imports surged to $X in 2021. Over the period under review, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 76% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Ghana (X tons) was the main supplier of non-wheat cereal pellets to Morocco, with a approx. 99% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Ghana stood at -20.3%.
In value terms, Ghana ($X) constituted the largest supplier of cereal pellets (excluding wheat) to Morocco.
From 2012 to 2021, the average annual rate of growth in terms of value from Ghana amounted to -16.7%.
Import Prices by Country
In 2021, the average non-wheat cereal pellets import price amounted to $X per ton, falling by -45.9% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 52% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Ghana.
From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to +4.5% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-wheat cereal pellets 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 10613250 - Pellets of oats, maize, rice, rye, barley and other cereals (excluding wheat)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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