Report Update Nov 1, 2024

Morocco - Ghee - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Ghee Market 2024

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

Frequently Asked Questions (FAQ) :

What are the largest markets for ghee in the world?

India constituted the country with the largest volume of ghee consumption, accounting for 78% of total volume. Moreover, ghee consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan, sevenfold.

What are the largest producers of ghee in the world?

The country with the largest volume of ghee production was India, accounting for 78% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan, sevenfold. The third position in this ranking was occupied by New Zealand, with a 5.4% share.

What are the leading suppliers of ghee to Morocco?

In value terms, New Zealand constituted the largest supplier of ghee to Morocco, comprising 66% of total imports. The second position in the ranking was occupied by Spain, with an 11% share of total imports. It was followed by Argentina, with a 7.4% share.

What are the leading importers of ghee from Morocco?

In value terms, the United Arab Emirates remains the key foreign market for ghee exports from Morocco, comprising 89% of total exports. The second position in the ranking was occupied by Mali $424), with a 10% share of total exports.

What is the average export price for ghee in Morocco?

In 2021, the average ghee export price amounted to $11,425 per ton, waning by -40.8% against the previous year.

What is the average import price for ghee in Morocco?

The average ghee import price stood at $5,085 per ton in 2021, increasing by 9.7% against the previous year.

This report provides an in-depth analysis of the ghee market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 887 - Ghee from Cow Milk
FCL 953 - Ghee, from Buffalo Milk

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, PRODUCING ANIMALS AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023