Morocco: Market for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine 2024

Market Size for Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Morocco

The Moroccan market for prepared or preserved fish and dishes other than dried, smoked, salted or in brine expanded rapidly to $X in 2023, increasing by X% against the previous year. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2012 indices. Consumption of peaked in 2023 and is expected to retain growth in years to come.

Production of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine in Morocco

In value terms, production of prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production of reached the peak level at $X in 2021; afterwards, it flattened through to 2023.

Exports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Exports from Morocco

In 2023, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Morocco fell modestly to X tons, waning by X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine expanded to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked in 2023 and are likely to see steady growth in the near future.

Exports by Country

France (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of exports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine from Morocco, together comprising X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prepared or preserved fish and dishes exported from Morocco were Spain ($X), France ($X) and the Netherlands ($X), with a combined X% share of total exports. The United States, Italy, the UK, Germany, Ghana, Nigeria, Democratic Republic of the Congo, Gabon, Mauritania and Guinea lagged somewhat behind, together comprising a further X%.

Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average export price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared or Preserved Fish and Dishes other than Dried, Smoked, Salted or in Brine

Imports into Morocco

In 2023, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine into Morocco rose remarkably to X tons, surging by X% compared with the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine surged to $X in 2023. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Spain (X tons), Senegal (X tons) and China (X tons) were the main suppliers of imports of prepared or preserved fish and dishes other than dried, smoked, salted or in brine to Morocco, together comprising X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prepared or preserved fish and dishes suppliers to Morocco were Spain ($X), Senegal ($X) and China ($X), together comprising X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average import price for prepared or preserved fish and dishes other than dried, smoked, salted or in brine amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Denmark ($X per ton) and France ($X per ton), while the price for China ($X per ton) and Lithuania ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform