Report Update Nov 1, 2024

Morocco - Dried Milk - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Powdered Milk Market 2024

Powdered Milk Market Size in Morocco

For the third year in a row, the Moroccan powdered milk market recorded growth in sales value, which increased by 202% to $X in 2022. In general, consumption posted significant growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Powdered Milk Exports

Exports from Morocco

In 2022, exports of powdered milk from Morocco shrank notably to X tons, reducing by -16.7% on the year before. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 832% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, powdered milk exports contracted to $X in 2022. Overall, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 1,109%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X tons) was the main destination for powdered milk exports from Morocco, accounting for a 96% share of total exports. It was followed by Niger (X tons), with a 2.9% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Qatar amounted to +11.5%.

In value terms, Qatar ($X) remains the key foreign market for powdered milk exports from Morocco, comprising 97% of total exports. The second position in the ranking was taken by Niger ($X), with a 1.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar totaled +15.0%.

Export Prices by Country

In 2022, the average powdered milk export price amounted to $X per ton, increasing by 5.5% against the previous year. In general, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 219% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Niger stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+107.5%), while the prices for the other major destinations experienced mixed trend patterns.

Powdered Milk Imports

Imports into Morocco

In 2022, supplies from abroad of powdered milk increased by 151% to X tons, rising for the second consecutive year after two years of decline. Overall, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 383% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, powdered milk imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 360%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

France (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of powdered milk imports to Morocco, with a combined 52% share of total imports. The Netherlands, Ireland, the UK, Germany, Lithuania, the United States and Canada lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +73.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Poland ($X) appeared to be the largest powdered milk suppliers to Morocco, with a combined 51% share of total imports. The Netherlands, Ireland, the UK, Germany, Lithuania, the United States and Canada lagged somewhat behind, together comprising a further 44%.

Among the main suppliers, Ireland, with a CAGR of +73.1%, saw 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 powdered milk import price amounted to $X per ton, surging by 27% against the previous year. Overall, the import price showed a temperate expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Canada ($X per ton) and the United States ($X per ton), while the price for France ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for powdered, evaporated and condensed milk in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together accounting for 23% of global consumption. These countries were followed by France, Germany, Mexico, Peru, the Netherlands, Malaysia, Russia, Algeria, Indonesia and Saudi Arabia, which together accounted for a further 31%.

What are the largest producers of powdered, evaporated and condensed milk in the world?

The countries with the highest volumes of in 2021 were the United States, New Zealand and Germany, with a combined 37% share of global production. France, Brazil, the Netherlands, Peru, Mexico, Belarus, Malaysia, the UK, Belgium and India lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of powdered, evaporated and condensed milk to Morocco?

In value terms, the largest powdered, evaporated and condensed milk suppliers to Morocco were France, Lithuania and the United States, with a combined 59% share of total imports.

What are the leading importers of powdered, evaporated and condensed milk from Morocco?

In value terms, Niger, Mauritania and Tunisia appeared to be the largest markets for powdered, evaporated and condensed milk exported from Morocco worldwide, with a combined 91% share of total exports. Equatorial Guinea, France and Ghana lagged somewhat behind, together comprising a further 9%.

What is the average export price for powdered, evaporated and condensed milk in Morocco?

The average export price for powdered, evaporated and condensed milk stood at $3,267 per ton in 2021, waning by -13.4% against the previous year.

What is the average import price for powdered, evaporated and condensed milk in Morocco?

In 2021, the average import price for powdered, evaporated and condensed milk amounted to $2,451 per ton, which is down by -8.1% against the previous year.

This report provides an in-depth analysis of the powdered milk 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:

FCL 897 - Dry Whole Cow Milk
FCL 898 - Dry Skim Cow Milk

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023