Morocco: Paddy Rice Market 2024

Paddy Rice Market Size in Morocco

In 2021, the Moroccan paddy rice market increased by 16% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Paddy Rice Production in Morocco

In value terms, paddy rice production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2015 with an increase of 316%. Paddy rice production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

The average yield of paddy rice in Morocco was estimated at X tons per ha in 2021, therefore, remained relatively stable against the previous year's figure. Overall, the yield, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when the yield increased by 8.2%. Over the period under review, the average paddy rice yield attained the maximum level at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of paddy rice were harvested in Morocco; with an increase of 19% on the previous year's figure. In general, the total harvested area indicated resilient growth from 2012 to 2021: its figure increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paddy rice harvested area decreased by -15.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 89% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2016 to 2021, the growth of the paddy rice harvested area remained at a lower figure.

Paddy Rice Exports

Exports from Morocco

In 2020, overseas shipments of paddy rice decreased by 0% to X kg, falling for the third year in a row after three years of growth. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2016 when exports increased by 867%. The exports peaked at X kg in 2017; however, from 2018 to 2020, the exports remained at a lower figure.

In value terms, paddy rice exports amounted to $X in 2020. Overall, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 438% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2020, the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for paddy rice exports from Morocco, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to France was relatively modest.

From 2013 to 2020, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2020, the average paddy rice export price amounted to $X per ton, leveling off at the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 126%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2020, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2013 to 2020, the rate of growth in terms of prices for Luxembourg amounted to +25.6% per year.

Paddy Rice Imports

Imports into Morocco

In 2021, the amount of paddy rice imported into Morocco fell to X tons, which is down by -10.2% compared with 2020. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 96% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, paddy rice imports declined rapidly to $X in 2021. In general, imports, however, enjoyed a slight expansion. The pace of growth was the most pronounced in 2015 with an increase of 60%. Imports peaked at $X in 2020, and then fell dramatically in the following year.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of paddy rice to Morocco, with a 83% share of total imports. Moreover, paddy rice imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +4.7%.

In value terms, Italy ($X) constituted the largest supplier of paddy rice to Morocco, comprising 82% of total imports. The second position in the ranking was held by Spain ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +6.7%.

Import Prices by Country

The average paddy rice import price stood at $X per ton in 2021, dropping by -7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17% against the previous year. The import price peaked at $X per ton in 2020, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+2.0%).

Source: IndexBox Platform

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