Morocco: Sweet Potato Market 2024

Sweet Potato Market Size in Morocco

In 2023, after two years of growth, there was significant decline in the Moroccan sweet potato market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Sweet Potato Production in Morocco

In value terms, sweet potato production expanded slightly to $X in 2023 estimated in export price. In general, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.

In 2023, the average yield of sweet potatoes in Morocco contracted to X tons per ha, declining by X% on the previous year. Overall, the yield continues to indicate a noticeable decrease. The growth pace was the most rapid in 2021 when the yield increased by X%. The sweet potato yield peaked at X tons per ha in 2012; however, from 2013 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the sweet potato harvested area in Morocco rose modestly to X ha, increasing by X% against the previous year. Over the period under review, the harvested area, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The sweet potato harvested area peaked at X ha in 2013; however, from 2014 to 2023, the harvested area stood at a somewhat lower figure.

Sweet Potato Exports

Exports from Morocco

In 2023, after four years of growth, there was significant decline in overseas shipments of sweet potatoes, when their volume decreased by X% to X tons. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2022, and then dropped remarkably in the following year.

In value terms, sweet potato exports dropped rapidly to $X in 2023. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at $X in 2022, and then declined sharply in the following year.

Exports by Country

The Netherlands (X tons), Portugal (X tons) and France (X tons) were the main destinations of sweet potato exports 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 mixed trend patterns.

In value terms, the Netherlands ($X) remains the key foreign market for sweet potatoes exports from Morocco, comprising X% of total exports. The second position in the ranking was held by Portugal ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (X% per year) and France (X% per year).

Export Prices by Country

The average sweet potato export price stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sweet Potato Imports

Imports into Morocco

In 2023, supplies from abroad of sweet potatoes was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, sweet potato imports surged to $X in 2023. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Spain (X tons) was the main sweet potato supplier to Morocco, with a approx. X% share of total imports.

From 2013 to 2023, the average annual growth rate of volume from Spain stood at X%.

In value terms, Spain ($X) constituted the largest supplier of sweet potatoes to Morocco.

From 2013 to 2023, the average annual rate of growth in terms of value from Spain amounted to X%.

Import Prices by Country

In 2023, the average sweet potato import price amounted to $X per ton, declining by X% against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2013 to 2023, the rate of growth in terms of prices for Belgium amounted to X% per year.

Source: IndexBox Platform