Morocco: Market for Mineral or Aerated Waters 2024

Market Size for Mineral or Aerated Waters in Morocco

The Moroccan mineral or aerated water market amounted to $X in 2022, surging by 8.2% against the previous year. In general, consumption saw a perceptible expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Mineral or Aerated Waters in Morocco

In value terms, mineral or aerated water production totaled $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 48% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Mineral or Aerated Waters

Exports from Morocco

In 2022, shipments abroad of mineral or aerated waters increased by 214% to X tons, rising for the second consecutive year after three years of decline. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 273%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mineral or aerated water exports skyrocketed to $X in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

France (X tons) was the main destination for mineral or aerated water exports from Morocco, with a 18% share of total exports. Moreover, mineral or aerated water exports to France exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Ireland (X tons) ranked third in terms of total exports with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +37.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+47.0% per year) and Ireland (+53.0% per year).

In value terms, France ($X) remains the key foreign market for mineral or aerated waters exports from Morocco, comprising 75% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.4% share of total exports. It was followed by Ireland, with a 0.8% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +65.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+36.2% per year) and Ireland (+12.7% per year).

Export Prices by Country

In 2022, the average mineral or aerated water export price amounted to $X per ton, declining by -2% against the previous year. In general, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 144%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($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 France (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral or Aerated Waters

Imports into Morocco

In 2022, mineral or aerated water imports into Morocco reduced to X tons, with a decrease of -12.1% against 2021 figures. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 336% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, mineral or aerated water imports contracted to $X in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 265% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Spain (X tons) was the main mineral or aerated water supplier to Morocco, with a 93% share of total imports. Moreover, mineral or aerated water imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to +63.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.5% per year) and Italy (-2.4% per year).

In value terms, Spain ($X) constituted the largest supplier of mineral or aerated waters to Morocco, comprising 78% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +63.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.4% per year) and Italy (+8.0% per year).

Import Prices by Country

In 2022, the average mineral or aerated water import price amounted to $X per ton, declining by -3% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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