Morocco: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Morocco

The Moroccan market for crispbread, rusks and toasted bread rose rapidly to $X in 2022, increasing by 7.3% against the previous year. In general, consumption showed a strong increase. Crispbread, rusk and toasted bread consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in Morocco

In value terms, crispbread, rusk and toasted bread production expanded sharply to $X in 2022 estimated in export price. Overall, production saw prominent growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 74%. Crispbread, rusk and toasted bread production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Morocco

Crispbread, rusk and toasted bread exports from Morocco contracted sharply to X tons in 2022, reducing by -41.1% compared with the previous year's figure. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 965%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, crispbread, rusk and toasted bread exports totaled $X in 2022. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 946%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for crispbread, rusk and toasted bread exports from Morocco, accounting for a 39% share of total exports. Moreover, crispbread, rusk and toasted bread exports to Mauritania exceeded the volume sent to the second major destination, Saudi Arabia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Mauritania amounted to -20.8%.

In value terms, Mauritania ($X) emerged as the key foreign market for crispbread, rusks and toasted bread exports from Morocco, comprising 28% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 0.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Mauritania totaled -18.7%.

Export Prices by Country

In 2022, the average export price for crispbread, rusks and toasted bread amounted to $X per ton, rising by 72% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 111% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Morocco

For the sixth consecutive year, Morocco recorded growth in overseas purchases of crispbread, rusks and toasted bread, which increased by 28% to X tons in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 57% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, crispbread, rusk and toasted bread imports surged to $X in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2017 with an increase of 51%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Spain (X tons), France (X tons) and Egypt (X tons) were the main suppliers of crispbread, rusk and toasted bread imports to Morocco, together comprising 64% of total imports. Bulgaria, Portugal, Italy and Germany lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +171.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest crispbread, rusk and toasted bread suppliers to Morocco were France ($X), Spain ($X) and Bulgaria ($X), together comprising 67% of total imports. Italy, Portugal, Egypt and Germany lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, Germany, with a CAGR of +192.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for crispbread, rusks and toasted bread amounted to $X per ton, shrinking by -6.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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