Morocco: Durum Wheat Market 2024

Durum Wheat Market Size in Morocco

The Moroccan durum wheat market contracted notably to $X in 2022, reducing by -29.2% against the previous year. In general, consumption showed a mild downturn. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Durum Wheat Production in Morocco

In value terms, durum wheat production fell markedly to $X in 2022 estimated in export price. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 156% against the previous year. Durum wheat production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

The average yield of durum wheat in Morocco reduced rapidly to X tons per ha in 2022, which is down by -32.8% on the year before. Over the period under review, the yield, however, posted temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of 192%. As a result, the yield reached the peak level of X tons per ha, and then declined notably 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.

In 2022, approx. X ha of durum wheat were harvested in Morocco; flattening at 2021. Over the period under review, the harvested area recorded a slight decline. The growth pace was the most rapid in 2017 with an increase of 40% 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 durum wheat harvested area remained at a lower figure.

Durum Wheat Exports

Exports from Morocco

In 2022, overseas shipments of durum wheat decreased by -30.4% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2016 when exports increased by 300% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, durum wheat exports declined to $X in 2022. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by 342% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Mauritania (X tons) was the main destination for durum wheat exports from Morocco, with a 100% share of total exports. It was followed by Spain (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Mauritania stood at +1.2%.

In value terms, Mauritania ($X) remains the key foreign market for durum wheat exports from Morocco, comprising 100% of total exports. The second position in the ranking was taken by Spain ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mauritania stood at -2.3%.

Export Prices by Country

The average durum wheat export price stood at $X per ton in 2022, with an increase of 28% against the previous year. Overall, the export price, however, showed a pronounced contraction. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Mauritania stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+20.2%), while the prices for the other major destinations experienced mixed trend patterns.

Durum Wheat Imports

Imports into Morocco

In 2022, imports of durum wheat into Morocco fell notably to X tons, declining by -32.2% against the previous year's figure. Over the period under review, imports saw a slight slump. The pace of growth was the most pronounced in 2020 with an increase of 33% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, durum wheat imports reduced slightly to $X in 2022. In general, total imports indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.7% 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 +63.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year. Imports peaked at $X in 2021, and then fell modestly in the following year.

Imports by Country

In 2022, Canada (X tons) was the main supplier of durum wheat to Morocco, accounting for a 99% share of total imports. It was followed by France (X tons), with a 0.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of durum wheat to Morocco, comprising 99% of total imports. The second position in the ranking was held by France ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Canada stood at +4.0%.

Import Prices by Country

The average durum wheat import price stood at $X per ton in 2022, increasing by 42% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, durum wheat import price increased by +108.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.8%).

Source: IndexBox Platform

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