Morocco: Tilapias Market 2022

Tilapias Market Size in Morocco

In 2021, the Moroccan tilapias market decreased by -X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption, however, showed a strong expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Tilapias Production in Morocco

In value terms, tilapias production reduced to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. Tilapias production peaked at $X in 2020, and then declined in the following year.

Tilapias Exports

Exports from Morocco

In 2021, overseas shipments of tilapias increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded a perceptible increase. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, tilapias exports reached $X in 2021. Over the period under review, exports showed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for tilapias exports from Morocco, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain amounted to +X%.

In value terms, Spain ($X) also remains the key foreign market for tilapias exports from Morocco.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +X%.

Export Prices by Country

The average tilapias export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tilapias export price increased by +X% against 2019 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +X% per year.

Tilapias Imports

Imports into Morocco

In 2021, approx. X tons of tilapias were imported into Morocco; increasing by X% against the year before. In general, imports posted significant growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, tilapias imports stood at $X in 2021. Overall, imports showed a prominent expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) was the main tilapias supplier to Morocco, accounting for a X% share of total imports. It was followed by Turkey (X kg), with a X% share of total imports.

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

In value terms, Spain ($X) constituted the largest supplier of tilapias to Morocco, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Spain amounted to +X%.

Import Prices by Country

In 2021, the average tilapias import price amounted to $X per ton, remaining constant against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Turkey amounted to $X per ton.

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

Source: IndexBox Platform

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