Morocco: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Morocco

The Moroccan temporarily preserved vegetable market skyrocketed to $X in 2022, increasing by 112% against the previous year. Overall, consumption, however, saw a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Temporarily Preserved Vegetable Production in Morocco

In value terms, temporarily preserved vegetable production amounted to $X in 2022 estimated in export price. In general, production, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. Temporarily preserved vegetable production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Temporarily Preserved Vegetable Exports

Exports from Morocco

Temporarily preserved vegetable exports from Morocco reduced to X tons in 2022, waning by -13.6% against the year before. The total export volume increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, temporarily preserved vegetable exports reduced to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Spain (X tons) and the United States (X tons) were the main destinations of temporarily preserved vegetable exports from Morocco, together comprising 78% of total exports. France, Turkey, Venezuela, Switzerland, Germany and Brazil lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +14.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for temporarily preserved vegetable exported from Morocco were Italy ($X), Spain ($X) and the United States ($X), with a combined 79% share of total exports. France, Switzerland, Venezuela, Turkey, Brazil and Germany lagged somewhat behind, together comprising a further 13%.

Switzerland, with a CAGR of +8.5%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average temporarily preserved vegetable export price stood at $X per ton in 2022, increasing by 6.5% against the previous year. Overall, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 9.2% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Venezuela (-0.6%), while the prices for the other major destinations experienced a decline.

Temporarily Preserved Vegetable Imports

Imports into Morocco

After three years of decline, overseas purchases of vegetables (temporarily preserved) increased by 13% to X tons in 2022. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2014 when imports increased by 139% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, temporarily preserved vegetable imports soared to $X in 2022. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 186% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of temporarily preserved vegetable imports to Morocco, together comprising 78% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +2.4%), while purchases for the other leaders experienced a decline.

In value terms, Turkey ($X), Spain ($X) and Italy ($X) appeared to be the largest temporarily preserved vegetable suppliers to Morocco, with a combined 81% share of total imports.

Italy, with a CAGR of -0.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average temporarily preserved vegetable import price amounted to $X per ton, picking up by 2.7% against the previous year. Overall, the import price, however, saw a slight slump. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 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 Turkey ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+77.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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