Morocco: Market for Flours, Meals And Pellets Of Fish 2025

Market Size for Flours, Meals And Pellets Of Fish in Morocco

In 2021, the Moroccan fish meals and pellet market decreased by -8.8% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, saw a strong increase. Fish meals and pellet consumption peaked at $X in 2020, and then fell in the following year.

Exports of Flours, Meals And Pellets Of Fish

Exports from Morocco

Fish meals and pellet exports from Morocco reduced markedly to X kg in 2021, declining by -58.6% against 2020 figures. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 243%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fish meals and pellet exports contracted markedly to $X in 2021. Overall, exports, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2019 when exports increased by 98%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for fish meals and pellet exports from Morocco, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for flours, meals and pellets of fish exports from Morocco.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +2.7%.

Export Prices by Country

The average fish meals and pellet export price stood at $X per ton in 2021, with a decrease of -33% against the previous year. Overall, the export price, however, enjoyed a pronounced increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 232%. As a result, the export price reached the peak level of $X per ton, and then shrank notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Mauritania amounted to +10,297.4% per year.

Imports of Flours, Meals And Pellets Of Fish

Imports into Morocco

Fish meals and pellet imports into Morocco fell dramatically to X tons in 2021, waning by -15.5% compared with the previous year's figure. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 111% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fish meals and pellet imports dropped to $X in 2021. Over the period under review, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2019 when imports increased by 93%. Over the period under review, imports hit record highs at $X in 2020, and then reduced in the following year.

Imports by Country

Norway (X tons), China (X tons) and France (X tons) were the main suppliers of fish meals and pellet imports to Morocco, together accounting for 81% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +398.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), China ($X) and France ($X) were the largest fish meals and pellet suppliers to Morocco, together comprising 70% of total imports.

China, with a CAGR of +384.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fish meals and pellet import price amounted to $X per ton, with an increase of 5.6% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fish meals and pellet import price increased by +52.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 45% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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