Morocco: Dairy Produce Market 2024

Dairy Produce Market Size in Morocco

In 2022, the Moroccan dairy produce market increased by X% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Dairy Produce Production in Morocco

In value terms, dairy produce production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Dairy Produce Exports

Exports from Morocco

In 2022, overseas shipments of dairy produce increased by X% to X tons, rising for the second year in a row after six years of decline. Over the period under review, exports, however, continue to indicate a deep setback. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, dairy produce exports dropped to $X in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for dairy produce exports from Morocco, with a X% share of total exports. Moreover, dairy produce exports to Mauritania exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Mali (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Mauritania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X.2% per year) and Mali (X% per year).

In value terms, the largest markets for dairy produce exported from Morocco were the United States ($X), Mauritania ($X) and Saudi Arabia ($X), with a combined X% share of total exports.

The United States, with a CAGR of X.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dairy produce export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Mali ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Produce Imports

Imports into Morocco

In 2022, the amount of dairy produce imported into Morocco soared to X tons, picking up by X% compared with the year before. In general, total imports indicated a slight expansion 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 increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, dairy produce imports soared to $X in 2022. Overall, total imports indicated a resilient increase 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, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), France (X tons) and Ireland (X tons) were the main suppliers of dairy produce imports to Morocco, with a combined X% share of total imports. Belgium, New Zealand, Poland, Germany, India, the UK, Spain, Turkey, Austria and the United States lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest dairy produce suppliers to Morocco were the Netherlands ($X), France ($X) and Ireland ($X), together comprising X% of total imports. New Zealand, Belgium, Germany, India, Poland, the UK, Austria, Turkey, Spain and the United States lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Turkey, with a CAGR of X%, 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

The average dairy produce import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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