Morocco: Frozen Potato Market 2024

Frozen Potato Market Size in Morocco

The Moroccan frozen potato market surged to $X in 2021, growing by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a significant expansion. Frozen potato consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Frozen Potato Exports

Exports from Morocco

In 2021, the amount of frozen potatoes exported from Morocco skyrocketed to X tons, rising by 1,403% compared with the year before. In general, exports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 3,711% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, frozen potato exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by 1,547%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mauritania (X tons) was the main destination for frozen potato exports from Morocco, with a 56% share of total exports. Moreover, frozen potato exports to Mauritania exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. The third position in this ranking was held by Russia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania amounted to -25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+0.8% per year) and Russia (-4.9% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for frozen potatoes exports from Morocco, comprising 53% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total exports. It was followed by Russia, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Mauritania amounted to -17.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-4.8% per year) and Russia (-5.5% per year).

Export Prices by Country

The average frozen potato export price stood at $X per ton in 2021, which is down by -43.3% against the previous year. Overall, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 155% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Senegal ($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 Poland (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into Morocco

In 2021, the amount of frozen potatoes imported into Morocco skyrocketed to X tons, picking up by 27% on 2020 figures. Overall, imports recorded a prominent expansion. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, frozen potato imports surged to $X in 2021. Over the period under review, imports recorded a strong increase. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of frozen potato to Morocco, accounting for a 26% share of total imports. Moreover, frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. France (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.6% per year) and France (+26.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen potatoes to Morocco, comprising 28% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Egypt, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+0.7% per year) and Egypt (-2.9% per year).

Import Prices by Country

In 2021, the average frozen potato import price amounted to $X per ton, surging by 5.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 an increase of 13%. The import price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Egypt ($X per ton) and the Netherlands ($X per ton), while the price for Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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