Morocco - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Morocco - Buttermilk And Buttermilk Powder - Market Analysis, Forecast, Size, Trends and Insights

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Price for Buttermilk and Buttermilk Powder in Morocco - 2022

Contents:

  1. Price for Buttermilk and Buttermilk Powder in Morocco (CIF) - 2022
  2. Price for Buttermilk and Buttermilk Powder in Morocco (FOB) - 2022
  3. Imports of Buttermilk and Buttermilk Powder in Morocco
  4. Exports of Buttermilk and Buttermilk Powder in Morocco

Price for Buttermilk and Buttermilk Powder in Morocco (CIF) - 2022

In December 2022, the average buttermilk and buttermilk powder import price amounted to $3,026 per ton, declining by -5.5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 an increase of 19% m-o-m. Over the period under review, average import prices reached the peak figure at $3,473 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.

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

From December 2021 to December 2022, the rate of growth in terms of prices for Germany amounted to +13.7% per month.

Price for Buttermilk and Buttermilk Powder in Morocco (FOB) - 2022

In 2022, the average buttermilk and buttermilk powder export price amounted to $856 per ton, picking up by 20% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $1,239 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mauritania.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +4.9% per year.

Imports of Buttermilk and Buttermilk Powder in Morocco

In 2022, approx. 869 tons of buttermilk and buttermilk powder were imported into Morocco; surging by 17% on 2021. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. As a result, imports attained the peak of 947 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, buttermilk and buttermilk powder imports expanded notably to $2.7M in 2022. The total import value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, imports reached the peak of $3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Buttermilk and Buttermilk Powder in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,0322,6232,1222,2383.3%
Belgium24.147.033.515987.6%
Germany137262135114-5.9%
IrelandN/AN/A0.610817900.0%
PortugalN/AN/A49.9104108.4%
Others37.738.048.918.3-21.4%
Total2,2302,9702,3902,7427.1%

Top Suppliers of Buttermilk and Buttermilk Powder to Morocco in 2022:

  1. France (725.6 tons)
  2. Germany (60.5 tons)
  3. Belgium (29.9 tons)
  4. Ireland (25.0 tons)
  5. Portugal (23.8 tons)

Exports of Buttermilk and Buttermilk Powder in Morocco

In 2022, exports of buttermilk and buttermilk powder from Morocco soared to 261 tons, growing by 797% compared with 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,009% against the previous year. As a result, the exports reached the peak of 882 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, buttermilk and buttermilk powder exports soared to $224K in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 3,917%. As a result, the exports attained the peak of $682K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Buttermilk and Buttermilk Powder in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania6.540415.3220223.5%
Senegal5.71540.9N/A-60.3%
Others4.81234.54.0-5.9%
Total17.068220.8224136.2%

Top Export Markets for Buttermilk and Buttermilk Powder from Morocco in 2022:

  1. Mauritania (260.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for buttermilk and buttermilk powder 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 893 - Buttermilk, Curdled Milk, Acidified Milk

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. TOP EXPORTING COUNTRIES
    4. 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 VOLUME AND VALUE
  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. 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
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