Morocco - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMorocco: Organ Extracts Market 2024
Organ Extracts Market Size in Morocco
In 2021, the Moroccan organ extracts market decreased by -16% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, posted resilient growth. Organ extracts consumption peaked at $X in 2020, and then reduced markedly in the following year.
Organ Extracts Production in Morocco
In value terms, organ extracts production shrank remarkably to $X in 2021 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +27.6% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by 50% against the previous year. As a result, production reached the peak level of $X, and then fell notably in the following year.
Organ Extracts Exports
Exports from Morocco
In 2021, exports of extracts of glands or other organs or of their secretions from Morocco surged to X kg, jumping by 22% on the previous year. In general, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 325%. As a result, the exports attained the peak of X kg. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, organ extracts exports soared to $X in 2021. Overall, exports saw a perceptible increase. The most prominent rate of growth was recorded in 2020 when exports increased by 283%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
Exports by Country
Hungary (X kg), Germany (X kg) and Canada (X kg) were the main destinations of organ extracts exports from Morocco.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +25.8%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for organ extracts exported from Morocco were Hungary ($X), Belgium ($X) and Canada ($X), with a combined 35% share of total exports.
Hungary, with a CAGR of +26.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average organ extracts export price stood at $X per ton in 2021, rising by 43% against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 198% against the previous year. The export price peaked in 2021 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.0%).
Organ Extracts Imports
Imports into Morocco
In 2021, after two years of growth, there was decline in supplies from abroad of extracts of glands or other organs or of their secretions, when their volume decreased by 0% to X kg. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 240%. As a result, imports reached the peak of X kg. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, organ extracts imports contracted modestly to $X in 2021. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by 254% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
In 2018, Denmark (X kg) was the main organ extracts supplier to Morocco, with a approx. 100% share of total imports.
From 2015 to 2018, the average annual rate of growth in terms of volume from Denmark stood at +67.3%.
In value terms, Denmark ($X) constituted the largest supplier of extracts of glands or other organs or of their secretions to Morocco.
From 2015 to 2018, the average annual growth rate of value from Denmark amounted to +31.9%.
Import Prices by Country
The average organ extracts import price stood at $X per ton in 2018, shrinking by -17.6% against the previous year. Overall, the import price continues to indicate a drastic downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2018, 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 Denmark.
From 2016 to 2018, the rate of growth in terms of prices for Denmark amounted to -21.2% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)
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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