Morocco: Candied Fruit Market 2024

Candied Fruit Market Size in Morocco

In 2021, the Moroccan candied fruit market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Candied Fruit Production in Morocco

In value terms, candied fruit production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 87%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Candied Fruit Exports

Exports from Morocco

Candied fruit exports from Morocco dropped significantly to X tons in 2021, waning by -73.6% against the year before. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 402%. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, candied fruit exports contracted dramatically to $X in 2021. Over the period under review, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 169% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for candied fruit exports from Morocco, with a 56% share of total exports. Moreover, candied fruit exports to Spain exceeded the volume sent to the second major destination, Burkina Faso (X tons), twofold. France (X kg) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (0.0% per year) and France (-9.5% per year).

In value terms, Spain ($X) remains the key foreign market for candied fruit exports from Morocco, comprising 47% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 13% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Spain amounted to +14.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (0.0% per year) and Germany (-32.9% per year).

Export Prices by Country

In 2021, the average candied fruit export price amounted to $X per ton, declining by -19.8% against the previous year. Over the period under review, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 127%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Burkina Faso ($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 the United Arab Emirates (+90.4%), while the prices for the other major destinations experienced more modest paces of growth.

Candied Fruit Imports

Imports into Morocco

In 2021, purchases abroad of candied fruits was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports saw a significant expansion. The growth pace was the most rapid in 2015 with an increase of 840%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, candied fruit imports surged to $X in 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 with an increase of 724% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X tons), Thailand (X tons) and China (X tons) were the main suppliers of candied fruit imports to Morocco, together comprising 96% of total imports.

From 2012 to 2021, the biggest increases were in Thailand (with a CAGR of +43.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of candied fruit to Morocco, comprising 56% of total imports. The second position in the ranking was held by Thailand ($X), with a 21% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+47.1% per year) and China (+12.1% per year).

Import Prices by Country

The average candied fruit import price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 78%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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