Morocco: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Morocco

After two years of growth, the Moroccan meat-preparation industrial machinery market decreased by -19.7% to $X in 2022. Over the period under review, consumption, however, saw a notable expansion. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Meat-Preparation Industrial Machinery Exports

Exports from Morocco

In 2022, meat-preparation industrial machinery exports from Morocco soared to X units, growing by 416% compared with 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, meat-preparation industrial machinery exports soared to $X in 2022. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 93%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Senegal (X units) was the main destination for meat-preparation industrial machinery exports from Morocco, accounting for a 74% share of total exports. Moreover, meat-preparation industrial machinery exports to Senegal exceeded the volume sent to the second major destination, France (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Senegal amounted to +79.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+22.8% per year) and Mauritania (-9.9% per year).

In value terms, France ($X) remains the key foreign market for industrial machinery for the preparation of meat or poultry exports from Morocco, comprising 94% of total exports. The second position in the ranking was taken by Senegal ($X), with a 4.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+84.3% per year) and Mauritania (-5.5% per year).

Export Prices by Country

In 2022, the average meat-preparation industrial machinery export price amounted to $X per unit, dropping by -75.7% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2021 an increase of 38% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Meat-Preparation Industrial Machinery Imports

Imports into Morocco

In 2022, supplies from abroad of industrial machinery for the preparation of meat or poultry increased by 1.1% to X units, rising for the third consecutive year after three years of decline. In general, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 108% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, meat-preparation industrial machinery imports fell modestly to $X in 2022. Overall, imports posted a noticeable expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 108%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Spain (X units) and the Netherlands (X units) were the main suppliers of meat-preparation industrial machinery imports to Morocco, with a combined 69% share of total imports. Poland, Italy, Turkey, Brazil and France lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +200.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest meat-preparation industrial machinery suppliers to Morocco were Italy ($X), China ($X) and the Netherlands ($X), together accounting for 52% of total imports. France, Poland, Turkey, Spain and Brazil lagged somewhat behind, together comprising a further 29%.

Among the main suppliers, Brazil, with a CAGR of +488.7%, recorded the highest growth rate of 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 meat-preparation industrial machinery import price amounted to $X per unit, dropping by -5.8% against the previous year. Over the period under review, the import price recorded a pronounced slump. The growth pace was the most rapid in 2019 when the average import price increased by 48%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+96.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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