Morocco: Market for Wheat and Meslin Flour 2024

Market Size for Wheat and Meslin Flour in Morocco

The Moroccan wheat and meslin flour market stood at $X in 2022, rising by 4.4% against the previous year. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Wheat and Meslin Flour in Morocco

In value terms, wheat and meslin flour production rose to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 22%. Wheat and meslin flour production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Wheat and Meslin Flour

Exports from Morocco

In 2022, overseas shipments of wheat and meslin flour were finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a significant decline. The pace of growth was the most pronounced in 2018 when exports increased by 136% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, wheat and meslin flour exports surged to $X in 2022. In general, exports, however, recorded a sharp reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 150%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Benin (X tons), Angola (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of wheat and meslin flour exports from Morocco, with a combined 64% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +39.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wheat and meslin flour exported from Morocco were Benin ($X), Spain ($X) and Angola ($X), together comprising 61% of total exports. Democratic Republic of the Congo, Togo and Mauritania lagged somewhat behind, together comprising a further 33%.

Democratic Republic of the Congo, with a CAGR of +57.9%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average wheat and meslin flour export price amounted to $X per ton, with an increase of 32% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat and meslin flour export price increased by +103.3% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Angola ($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 Democratic Republic of the Congo (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wheat and Meslin Flour

Imports into Morocco

In 2022, purchases abroad of wheat and meslin flour decreased by -1.3% to X tons, falling for the third year in a row after eight years of growth. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 285% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, wheat and meslin flour imports skyrocketed to $X in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 195% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest wheat and meslin flour supplier to Morocco, with a 81% share of total imports. Moreover, wheat and meslin flour imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +43.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+93.3% per year) and France (+0.4% per year).

In value terms, Spain ($X) constituted the largest supplier of wheat and meslin flour to Morocco, comprising 72% of total imports. The second position in the ranking was held by Italy ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +39.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+56.0% per year) and France (-4.2% per year).

Import Prices by Country

In 2022, the average wheat and meslin flour import price amounted to $X per ton, picking up by 26% against the previous year. In general, the import price, however, showed a abrupt decline. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 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 Spain (-2.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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