Morocco: Skim Milk Market 2024

Skim Milk Market Size in Morocco

In 2021, after two years of growth, there was decline in the Moroccan skim milk market, when its value decreased by -1.1% to $X. Overall, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.0% against 2013 indices. Skim milk consumption peaked at $X in 2020, and then dropped slightly in the following year.

Skim Milk Production in Morocco

In value terms, skim milk production reduced to $X in 2021 estimated in export price. In general, production posted prominent growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by 104%. Over the period under review, production hit record highs at $X in 2020, and then contracted modestly in the following year.

Skim Milk Exports

Exports from Morocco

In 2021, approx. X tons of skim milk were exported from Morocco; jumping by 42% on the previous year's figure. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 623%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, skim milk exports surged to $X in 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2015 with an increase of 776% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

Exports by Country

Mauritania (X tons) was the main destination for skim milk exports from Morocco, with a 96% share of total exports. Moreover, skim milk exports to Mauritania exceeded the volume sent to the second major destination, Senegal (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Mauritania stood at +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+24.5% per year) and Qatar (-5.3% per year).

In value terms, Mauritania ($X) emerged as the key foreign market for skim milk exports from Morocco, comprising 88% of total exports. The second position in the ranking was taken by Senegal ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Mauritania amounted to +29.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+58.7% per year) and Qatar (+24.5% per year).

Export Prices by Country

The average skim milk export price stood at $X per ton in 2021, increasing by 1.5% against the previous year. In general, the export price saw a resilient increase. The pace of growth was the most pronounced in 2017 an increase of 80% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+31.7%), while the prices for the other major destinations experienced more modest paces of growth.

Skim Milk Imports

Imports into Morocco

In 2021, approx. X tons of skim milk were imported into Morocco; increasing by 13% on the year before. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 295% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, skim milk imports soared to $X in 2021. Over the period under review, imports recorded a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by 244%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Saudi Arabia (X tons) and Egypt (X tons) were the main suppliers of skim milk imports to Morocco, together accounting for 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +49.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), France ($X) and Egypt ($X) constituted the largest skim milk suppliers to Morocco, with a combined 75% share of total imports.

Among the main suppliers, Egypt, with a CAGR of +42.8%, 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 skim milk import price amounted to $X per ton, surging by 3.7% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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