Morocco: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Morocco

In 2022, the Moroccan tomato ketchup market increased by 3.3% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Tomato ketchup consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tomato Ketchup Production in Morocco

In value terms, tomato ketchup production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced setback. The pace of growth appeared the most rapid in 2019 when the production volume increased by 23%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Tomato Ketchup Exports

Exports from Morocco

In 2022, the amount of tomato ketchup and tomato sauces exported from Morocco skyrocketed to X tons, growing by 110% compared with the previous year. Overall, exports, however, saw a abrupt descent. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato ketchup exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt downturn. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Senegal (X tons) was the main destination for tomato ketchup exports from Morocco, with a 55% share of total exports. Moreover, tomato ketchup exports to Senegal exceeded the volume sent to the second major destination, France (X tons), sixfold. Mali (X tons) ranked third in terms of total exports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume to Senegal stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.5% per year) and Mali (+0.0% per year).

In value terms, Senegal ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from Morocco, comprising 34% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by Qatar, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Senegal stood at -8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-1.1% per year) and Qatar (+15.5% per year).

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, surging by 19% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Senegal ($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 Qatar (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into Morocco

In 2022, the amount of tomato ketchup and tomato sauces imported into Morocco soared to X tons, jumping by 26% compared with 2021. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 109%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, tomato ketchup imports rose remarkably to $X in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of tomato ketchup to Morocco, accounting for a 80% share of total imports. Moreover, tomato ketchup imports from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. The third position in this ranking was held by Belgium (X tons), with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +40.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+51.1% per year) and Belgium (+13.8% per year).

In value terms, Spain ($X) constituted the largest supplier of tomato ketchup and tomato sauces to Morocco, comprising 77% of total imports. The second position in the ranking was held by Portugal ($X), with a 6.1% share of total imports. It was followed by Italy, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +39.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+52.1% per year) and Italy (+27.1% per year).

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, reducing by -14% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :