Morocco: Ghee Market 2025

Ghee Market Size in Morocco

The Moroccan ghee market soared to $X in 2022, picking up by 332% against the previous year. In general, consumption showed a strong increase. Ghee consumption peaked in 2022 and is likely to continue growth in the near future.

Ghee Production in Morocco

In value terms, ghee production expanded remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Ghee Exports

Exports from Morocco

In 2022, the amount of ghee exported from Morocco totaled X tons, with an increase of 6.8% on the year before. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 118,108%. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, ghee exports soared to $X in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 36,545% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for ghee exports from Morocco, accounting for a 93% share of total exports. Moreover, ghee exports to the United Arab Emirates exceeded the volume sent to the second major destination, Mauritania (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +54.8%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for ghee exports from Morocco, comprising 97% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +68.2%.

Export Prices by Country

The average ghee export price stood at $X per ton in 2022, with an increase of 24% against the previous year. Overall, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2019 when the average export price increased by 168%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas 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 totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+60.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into Morocco

In 2022, ghee imports into Morocco skyrocketed to X tons, with an increase of 311% on the previous year. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 11,942%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, ghee imports soared to $X in 2022. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 21,837% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, New Zealand (X tons) constituted the largest supplier of ghee to Morocco, accounting for a 78% share of total imports. Moreover, ghee imports from New Zealand exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold. The third position in this ranking was taken by France (X tons), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand totaled +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+110.8% per year) and France (+69.3% per year).

In value terms, New Zealand ($X) constituted the largest supplier of ghee to Morocco, comprising 73% of total imports. The second position in the ranking was held by Spain ($X), with a 23% share of total imports. It was followed by France, with a 2% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand amounted to +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+97.9% per year) and France (+63.4% per year).

Import Prices by Country

In 2022, the average ghee import price amounted to $X per ton, rising by 16% against the previous year. In general, the import price recorded prominent growth. The growth pace was the most rapid in 2019 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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