Report Update Nov 1, 2024

Morocco - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Morocco: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Morocco

In 2021, after two years of growth, there was significant decline in the Moroccan food manufacture machinery market, when its value decreased by -12.6% to $X. Overall, consumption showed a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Food Manufacture Machinery Exports

Exports from Morocco

In 2021, after two years of growth, there was significant decline in overseas shipments of machinery for the preparation or manufacture of food or drink, when their volume decreased by -53.4% to X units. Overall, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 3,971%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, food manufacture machinery exports shrank markedly to $X in 2021. Over the period under review, exports saw a deep reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 5,080%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Guinea (X units), Mauritania (X units) and Cote d'Ivoire (X units) were the main destinations of food manufacture machinery exports from Morocco, with a combined 97% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +86.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Guinea ($X) emerged as the key foreign market for machinery for the preparation or manufacture of food or drink exports from Morocco, comprising 77% of total exports. The second position in the ranking was held by Mauritania ($X), with a 22% share of total exports. It was followed by Cote d'Ivoire, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Guinea amounted to +87.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (+3.0% per year) and Cote d'Ivoire (-23.0% per year).

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2021, growing by 12% against the previous year. In general, the export price saw a slight increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Guinea ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+20.4%), while the prices for the other major destinations experienced mixed trend patterns.

Food Manufacture Machinery Imports

Imports into Morocco

In 2021, after two years of growth, there was significant decline in purchases abroad of machinery for the preparation or manufacture of food or drink, when their volume decreased by -22.2% to X units. Overall, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2020 with an increase of 171%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, food manufacture machinery imports shrank to $X in 2021. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2014 when imports increased by 120% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), China (X units) and Denmark (X units) were the main suppliers of food manufacture machinery imports to Morocco, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +47.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Denmark ($X) constituted the largest food manufacture machinery suppliers to Morocco, together accounting for 61% of total imports.

In terms of the main suppliers, Denmark, with a CAGR of +44.9%, saw 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 2021, the average food manufacture machinery import price amounted to $X per unit, increasing by 27% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2014 an increase of 50%. As a result, import price reached the peak level of $X per unit. 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 Italy ($X per unit), while the price for Iceland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), 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 machinery for the preparation or manufacture of food or drink in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 34% of global consumption. These countries were followed by India, Norway, Japan, Brazil, Germany, Mexico, France, Democratic Republic of the Congo, Indonesia and Spain, which together accounted for a further 30%.

What are the largest producers of machinery for the preparation or manufacture of food or drink in the world?

China remains the largest food manufacture machinery producing country worldwide, comprising approx. 20% of total volume. Moreover, food manufacture machinery production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. India ranked third in terms of total production with a 7% share.

What are the leading suppliers of machinery for the preparation or manufacture of food or drink to Morocco?

In value terms, the largest food manufacture machinery suppliers to Morocco were Spain, China and Italy, together accounting for 72% of total imports. These countries were followed by the Netherlands, Germany, France, Denmark and Turkey, which together accounted for a further 20%.

What are the leading importers of machinery for the preparation or manufacture of food or drink from Morocco?

In value terms, Mauritania remains the key foreign market for food manufacture machinery exports from Morocco, comprising 89% of total exports. The second position in the ranking was occupied by Guinea, with a 6% share of total exports.

What is the average export price for machinery for the preparation or manufacture of food or drink in Morocco?

The average food manufacture machinery export price stood at $165 per unit in 2021, jumping by 21% against the previous year.

What is the average import price for machinery for the preparation or manufacture of food or drink in Morocco?

The average food manufacture machinery import price stood at $96 per unit in 2021, with a decrease of -6.1% against the previous year.

This report provides an in-depth analysis of the food manufacture machinery 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:

Prodcom 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023