Morocco: Frozen Vegetable Market 2024

Frozen Vegetable Market Size in Morocco

The Moroccan frozen vegetable market rose remarkably to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Frozen Vegetable Production in Morocco

In value terms, frozen vegetable production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Frozen Vegetable Exports

Exports from Morocco

In 2022, approx. X tons of frozen vegetables were exported from Morocco; reducing by X% on the previous year's figure. Overall, exports faced a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen vegetable exports shrank significantly to $X in 2022. In general, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Spain (X tons), Portugal (X tons) and France (X tons) were the main destinations of frozen vegetable exports from Morocco, with a combined X% share of total exports. The United Arab Emirates, Germany, the Netherlands and Mauritania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen vegetable exported from Morocco were France ($X), the United Arab Emirates ($X) and Spain ($X), together accounting for X% of total exports.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average frozen vegetable export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Vegetable Imports

Imports into Morocco

In 2022, imports of frozen vegetables into Morocco contracted to X tons, waning by X% against the previous year's figure. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, frozen vegetable imports stood at $X in 2022. In general, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tons), Egypt (X tons) and the Netherlands (X tons) were the main suppliers of frozen vegetable imports to Morocco, with a combined X% share of total imports. France, Poland, China and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen vegetable suppliers to Morocco were Belgium ($X), Egypt ($X) and the Netherlands ($X), with a combined X% share of total imports. France, Poland, China and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, China, with a CAGR of X%, recorded 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 frozen vegetable import price amounted to $X per ton, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

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