Morocco - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 26, 2024

Morocco - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights

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Chili and Pepper Price in Morocco - 2022

Contents:

  1. Chili and Pepper Price in Morocco (FOB) - 2022
  2. Chili and Pepper Price in Morocco (CIF) - 2022
  3. Chili and Pepper Exports in Morocco
  4. Chili and Pepper Imports in Morocco

Chili and Pepper Price in Morocco (FOB) - 2022

In December 2022, the average chili and pepper export price amounted to $896 per ton, picking up by 5% against the previous month. Overall, the export price, however, showed a slight decrease. The pace of growth appeared the most rapid in April 2022 an increase of 16% against the previous month. As a result, the export price reached the peak level of $1,414 per ton. From May 2022 to December 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,772 per ton), while the average price for exports to Mauritania ($378 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chili and Pepper Price in Morocco (CIF) - 2022

The average chili and pepper import price stood at $1,124 per ton in 2022, waning by -44.1% against the previous year. Overall, the import price recorded a deep slump. The growth pace was the most rapid in 2019 an increase of 454% against the previous year. As a result, import price reached the peak level of $8,006 per ton. From 2020 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 ($5,489 per ton), while the price for Senegal ($759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+66.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Chili and Pepper Exports in Morocco

For the fourth year in a row, Morocco recorded growth in overseas shipments of chilies and peppers (green), which increased by 4.4% to 167K tons in 2022. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, chili and pepper exports expanded significantly to $185M in 2022. The total export value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 16%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Chili and Pepper in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain64.959.565.474.84.8%
France33.843.643.449.213.3%
Germany15.917.120.922.612.4%
Netherlands7.95.610.613.419.3%
Hungary0.31.73.64.9153.7%
Mauritania1.92.34.23.724.9%
Senegal0.71.01.61.939.5%
Switzerland2.84.14.81.0-29.1%
Others9.69.112.213.010.6%
Total13814416718510.3%

Top Export Markets for Chili and Pepper from Morocco in 2022:

  1. Spain (62.6K tons)
  2. France (45.0K tons)
  3. Germany (17.1K tons)
  4. Netherlands (11.6K tons)
  5. Mauritania (11.3K tons)
  6. Senegal (5.0K tons)
  7. Hungary (4.3K tons)
  8. Switzerland (1.2K tons)

Chili and Pepper Imports in Morocco

Chili and pepper imports into Morocco skyrocketed to 26 tons in 2022, increasing by 355% on the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 13,798%. As a result, imports attained the peak of 64 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, chili and pepper imports skyrocketed to $29K in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 781% against the previous year. As a result, imports reached the peak of $33K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Chili and Pepper in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SenegalN/A6.6N/A16.859.5%
France3.74.76.610.340.7%
SpainN/A12.34.82.1-58.7%
MauritaniaN/A7.4N/AN/A0%
OthersN/A1.7N/AN/A0%
Total3.732.711.529.299.1%

Top Suppliers of Chili and Pepper to Morocco in 2022:

  1. Senegal (22.2 tons)
  2. France (1.9 tons)
  3. Spain (1.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chili and pepper market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 401 - Chillies and peppers (green)

Country coverage:

  • Morocco

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Morocco
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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