Peach And Nectarine Market Overview in Morocco
In value terms, peach and nectarine production expanded markedly to $ in 2019 estimated in export prices. In general, production enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2018 to 2019, production growth remained at a somewhat lower figure.
In 2019, the average peach and nectarine yield in Morocco contracted slightly to tonnes per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of % y-o-y. The peach and nectarine yield peaked at tonnes per ha in 2009; however, from 2010 to 2019, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of peaches and nectarines production in Morocco rose markedly to ha, growing by % on the year before. Over the period under review, the harvested area recorded a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of % against the previous year. The peach and nectarine harvested area peaked in 2019 and is expected to retain growth in the near future.
The value of the peach and nectarine market in Morocco was estimated at $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a remarkable increase. The growth pace was the most rapid in 2017 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market failed to regain the momentum.