Morocco: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Morocco

In 2021, after three years of growth, there was decline in the Moroccan grape juice (single strength) market, when its value decreased by -4.5% to $X. The market value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then shrank modestly in the following year.

Production of Grape Juice (Single Strength) in Morocco

In value terms, grape juice (single strength) production dropped to $X in 2021 estimated in export price. In general, production saw a slight increase. The pace of growth was the most pronounced in 2014 with an increase of 37% against the previous year. Grape juice (single strength) production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports from Morocco

In 2021, approx. X tons of grape juice (single strength) were exported from Morocco; approximately equating the previous year. Over the period under review, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 916%. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, grape juice (single strength) exports totaled $X in 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 427% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Mauritania (X tons) and Senegal (X tons) were the main destinations of grape juice (single strength) exports from Morocco, with a combined 100% share of total exports.

From 2013 to 2021, the biggest increases were recorded for Turkey (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape juice (single strength) exported from Morocco were Turkey ($X), Mauritania ($X) and Senegal ($X), together comprising 100% of total exports.

Turkey, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price showed a strong increase. The pace of growth appeared the most rapid in 2016 a decrease of -20% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-20.1%).

Imports of Grape Juice (Single Strength)

Imports into Morocco

For the fourth consecutive year, Morocco recorded growth in supplies from abroad of grape juice (single strength), which increased by 45% to X tons in 2021. Over the period under review, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by 510%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, grape juice (single strength) imports soared to $X in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 717% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, Italy (X tons) constituted the largest grape juice (single strength) supplier to Morocco, accounting for a 12% share of total imports. Moreover, grape juice (single strength) imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Cyprus (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy totaled +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-6.9% per year) and Cyprus (-11.9% per year).

In value terms, Italy ($X) constituted the largest supplier of grape juice (single strength) to Morocco, comprising 15% of total imports. The second position in the ranking was taken by Turkey ($X), with a 1.1% share of total imports. It was followed by Cyprus, with a 0.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +112.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.3% per year) and Cyprus (-7.7% per year).

Import Prices by Country

In 2021, the average grape juice (single strength) import price amounted to $X per ton, rising by 52% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape juice (single strength) import price increased by +103.4% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+60.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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