Morocco: Meat Market 2024

Meat Market Size in Morocco

The Moroccan meat market amounted to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Meat Production in Morocco

In value terms, meat production expanded sharply to $X in 2022 estimated in export price. In general, production showed a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average meat yield in Morocco rose to X kg per head, growing by X% compared with 2021 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the average meat yield attained the peak level at X kg per head in 2017; however, from 2018 to 2022, the yield remained at a lower figure.

The number of animals slaughtered for meat production in Morocco shrank modestly to X heads in 2022, with a decrease of X% on 2021 figures. This number increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, this number reached the peak level at X heads in 2021, and then declined modestly in the following year.

Meat Exports

Exports from Morocco

In 2022, shipments abroad of meat increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports enjoyed a prominent expansion. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, meat exports soared to $X in 2022. Over the period under review, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Qatar (X tons) was the main destination for meat exports from Morocco, with a X% share of total exports. It was followed by Spain (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Mauritania (X% per year).

In value terms, Qatar ($X) remains the key foreign market for meat exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Mauritania (X% per year).

Export Prices by Country

In 2022, the average meat export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

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

Meat Imports

Imports into Morocco

In 2022, meat imports into Morocco dropped to X tons, shrinking by X% against 2021. In general, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, meat imports skyrocketed to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest meat supplier to Morocco, with a X% share of total imports. Moreover, meat imports from Spain exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. The third position in this ranking was held by Australia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

In value terms, Spain ($X) constituted the largest supplier of meat to Morocco, comprising X% of total imports. The second position in the ranking was taken by Russia ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average meat import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue 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 France ($X per ton), while the price for Russia ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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