Morocco - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried or Salted Fish in Morocco - 2022
Contents:
- Price for Dried or Salted Fish in Morocco (FOB) - 2022
- Price for Dried or Salted Fish in Morocco (CIF) - 2022
- Exports of Dried or Salted Fish in Morocco
- Imports of Dried or Salted Fish in Morocco
Price for Dried or Salted Fish in Morocco (FOB) - 2022
In December 2022, the average dried or salted fish export price amounted to $7,493 per ton, increasing by 128% against the previous month. Over the period under review, the export price recorded tangible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In December 2022, the country with the highest price was Spain ($7,795 per ton), while the average price for exports to Italy ($1,267 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 Spain (+2.7%), while the prices for the other major destinations experienced a decline.
Price for Dried or Salted Fish in Morocco (CIF) - 2022
The average dried or salted fish import price stood at $2,592 per ton in December 2022, approximately reflecting the previous month. Over the period under review, the import price, however, posted resilient growth. The pace of growth was the most pronounced in September 2022 when the average import price increased by 60% m-o-m. Over the period under review, average import prices reached the maximum at $2,628 per ton in November 2022, and then dropped modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($3,872 per ton), while the price for Spain ($1,296 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 Peru (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Dried or Salted Fish in Morocco
In 2022, after three years of growth, there was significant decline in shipments abroad of dried or salted fish, when their volume decreased by -37.5% to 2.3K tons. In general, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 90% against the previous year.
In value terms, dried or salted fish exports fell markedly to $9.8M in 2022. Overall, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year.
Export of Dried or Salted Fish in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 5.5 | 5.5 | 6.4 | 5.7 | 1.2% |
Italy | 2.3 | 4.1 | 6.0 | 3.4 | 13.9% |
France | 0.7 | 0.6 | 0.5 | 0.5 | -10.6% |
Tunisia | N/A | 1.3 | 0.7 | 0.3 | -52.0% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 8.8 | 11.5 | 13.6 | 9.8 | 3.7% |
Top Export Markets for Dried or Salted Fish from Morocco in 2022:
- Italy (1242.9 tons)
- Spain (882.6 tons)
- Tunisia (137.0 tons)
- France (75.7 tons)
Imports of Dried or Salted Fish in Morocco
In 2022, approx. 3.4K tons of dried or salted fish were imported into Morocco; rising by 124% against 2021 figures. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 147%. As a result, imports attained the peak of 7.1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried or salted fish imports soared to $6.6M in 2022. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dried or Salted Fish in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 2.9 | 2.7 | 1.5 | 3.0 | 1.1% |
Argentina | 0.7 | 0.9 | N/A | 1.6 | 31.7% |
Tunisia | N/A | N/A | N/A | 0.8 | 0% |
Croatia | 0.1 | N/A | N/A | 0.7 | 91.3% |
Peru | 0.4 | 0.1 | 0.4 | 0.4 | 0.0% |
Portugal | N/A | 1.0 | N/A | N/A | 0% |
Others | 0.3 | N/A | N/A | 0.1 | -30.7% |
Total | 4.5 | 4.7 | 2.0 | 6.6 | 13.6% |
Top Suppliers of Dried or Salted Fish to Morocco in 2022:
- Spain (1872.4 tons)
- Argentina (559.7 tons)
- Croatia (465.3 tons)
- Tunisia (259.5 tons)
- Peru (229.3 tons)
This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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