Morocco: Yoghurt Market 2024

Yoghurt Market Size in Morocco

The Moroccan yoghurt market fell modestly to $X in 2022, stabilizing at the previous year. In general, consumption recorded a relatively flat trend pattern. Yoghurt consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Yoghurt Production in Morocco

In value terms, yoghurt production fell slightly to $X in 2022 estimated in export price. In general, production saw a mild decrease. The most prominent rate of growth was recorded in 2015 when the production volume increased by 43% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Yoghurt Exports

Exports from Morocco

Yoghurt exports from Morocco contracted to X tons in 2022, declining by -11.1% on the previous year. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2015 with an increase of 193%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, yoghurt exports shrank to $X in 2022. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2015 with an increase of 201%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mauritania (X tons) was the main destination for yoghurt exports from Morocco, with a 92% share of total exports. Moreover, yoghurt exports to Mauritania exceeded the volume sent to the second major destination, Senegal (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mauritania amounted to -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+18.8% per year) and Qatar (-32.3% per year).

In value terms, Mauritania ($X) remains the key foreign market for yoghurt exports from Morocco, comprising 90% of total exports. The second position in the ranking was held by Senegal ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Mauritania totaled -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+16.7% per year) and Qatar (-31.4% per year).

Export Prices by Country

The average yoghurt export price stood at $X per ton in 2022, growing by 3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 10% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per ton), while the average price for exports to Mauritania ($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 Mauritania (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Yoghurt Imports

Imports into Morocco

In 2022, approx. X tons of yoghurt were imported into Morocco; waning by -41.3% against the previous year. Over the period under review, imports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2017 when imports increased by 835%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced notably in the following year.

In value terms, yoghurt imports fell dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 1,392%. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest yoghurt supplier to Morocco, accounting for a 57% share of total imports. Moreover, yoghurt imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 3.4% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+56.2% per year) and the Netherlands (-19.2% per year).

In value terms, Spain ($X) constituted the largest supplier of yoghurt to Morocco, comprising 49% of total imports. The second position in the ranking was taken by France ($X), with an 18% share of total imports. It was followed by the Netherlands, with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +30.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+50.1% per year) and the Netherlands (-14.9% per year).

Import Prices by Country

In 2022, the average yoghurt import price amounted to $X per ton, remaining stable against the previous year. Overall, the import price, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 59%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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