Morocco: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Morocco

In 2021, the Moroccan market for starch other than wheat, corn or potato decreased by -X% to $X for the first time since 2011, thus ending a nine-year rising trend. In general, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X, and then fell in the following year.

Production of Starch other than Wheat, Corn or Potato in Morocco

In value terms, production of starch other than wheat, corn or potato declined markedly to $X in 2021 estimated in export price. Overall, production, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from Morocco

Exports of starch other than wheat, corn or potato from Morocco declined sharply to X kg in 2021, waning by -X% on the year before. Overall, exports faced a precipitous descent. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of starch other than wheat, corn or potato contracted to $X in 2021. In general, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for exports of starch other than wheat, corn or potato from Morocco, with a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to Niger exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Niger amounted to -X%.

In value terms, Niger ($X) remains the key foreign market for starch other than wheat, corn or potato exports from Morocco, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Niger amounted to -X%.

Export Prices by Country

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2021, growing by X% against the previous year. Overall, the export price posted a significant increase. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Niger totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+X%).

Imports of Starch other than Wheat, Corn or Potato

Imports into Morocco

In 2021, the amount of starch other than wheat, corn or potato imported into Morocco expanded notably to X tons, increasing by X% compared with 2020 figures. In general, imports posted a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of starch other than wheat, corn or potato declined to $X in 2021. Overall, imports saw a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Cote d'Ivoire (X tons), Belgium (X tons) and Togo (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Morocco, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Togo (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of starch other than wheat, corn or potato to Morocco, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Togo, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Cote d'Ivoire (+X% per year) and Togo (+X% per year).

Import Prices by Country

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2021, which is down by -X% against the previous year. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Spain ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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