Report Update: Apr 1, 2024

Morocco - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Breakfast Cereal Price in Morocco - 2022

Breakfast Cereal Price in Morocco (CIF) - 2022

In December 2022, the average breakfast cereal import price amounted to $3,168 per ton, growing by 5.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $3,388 per ton. From July 2022 to December 2022, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($4,624 per ton), while the price for Turkey ($2,519 per ton) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Breakfast Cereal Price in Morocco (FOB) - 2022

In December 2022, the average breakfast cereal export price amounted to $3,146 per ton, rising by 14% against the previous month. In general, export price indicated a modest increase from December 2021 to December 2022: its price increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, breakfast cereal export price decreased by -24.4% against September 2022 indices. The most prominent rate of growth was recorded in September 2022 an increase of 22% m-o-m. As a result, the export price reached the peak level of $4,159 per ton. From October 2022 to December 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was France ($6,962 per ton), while the average price for exports to the Netherlands ($2,453 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 France (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports in Morocco

Breakfast cereal imports into Morocco totaled 7.2K tons in 2022, remaining relatively unchanged against 2021. In general, imports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2020 with an increase of 0.1% against the previous year. As a result, imports reached the peak of 7.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, breakfast cereal imports surged to $22M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Breakfast Cereal in Morocco (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	4.0	4.6	5.2	5.7	12.5%
Portugal	1.5	2.5	2.6	4.7	46.3%
Turkey	1.4	1.9	2.4	3.1	30.3%
Poland	1.5	2.0	2.7	2.3	15.3%
Spain	3.1	1.9	1.7	1.9	-15.1%
Germany	0.9	1.1	1.2	1.7	23.6%
Czech Republic	2.7	1.1	0.7	0.7	-36.2%
Italy	0.6	1.0	0.7	0.6	0.0%
Lithuania	N/A	0.9	0.8	0.2	-52.9%
Others	1.2	1.8	1.4	1.3	2.7%
Total	17.0	18.9	19.3	22.2	9.3%

Top Suppliers of Breakfast Cereal to Morocco in 2022:

France (1845.5 tons)
Turkey (1213.4 tons)
Portugal (1032.5 tons)
Poland (772.5 tons)
Germany (703.6 tons)
Spain (533.3 tons)
Czech Republic (294.8 tons)
Italy (250.2 tons)
Lithuania (99.4 tons)

Breakfast Cereal Exports in Morocco

In 2022, approx. 319 tons of breakfast cereals were exported from Morocco; dropping by -16.4% against 2021. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 72% against the previous year. As a result, the exports attained the peak of 382 tons, and then dropped rapidly in the following year.

In value terms, breakfast cereal exports expanded to $1.1M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 72%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Breakfast Cereal in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1.8	62.7	92.5	356	482.6%
Mauritania	29.1	203	407	327	124.0%
United Kingdom	N/A	N/A	158	155	-1.9%
Netherlands	159	156	172	98.7	-14.7%
Cote d'Ivoire	0.7	58.7	N/A	37.6	277.3%
Guinea	N/A	16.9	N/A	15.9	-3.0%
Senegal	72.6	59.5	N/A	1.6	-72.0%
United Arab Emirates	N/A	N/A	108	N/A	0%
Afghanistan	120	N/A	N/A	N/A	0%
Others	204	50.2	105	70.9	-29.7%
Total	587	607	1,043	1,063	21.9%

Top Export Markets for Breakfast Cereal from Morocco in 2022:

United Arab Emirates (undefined tons)
Mauritania (133.2 tons)
France (72.1 tons)
United Kingdom (43.2 tons)
Netherlands (40.3 tons)
Cote d'Ivoire (10.0 tons)
Guinea (5.2 tons)
Senegal (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the breakfast cereal 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:

Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023