Peach And Nectarine Market Overview in Morocco
In value terms, peach and nectarine production amounted to $ in 2019 estimated in export prices. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. From 2018 to 2019, production growth remained at a lower figure.
The average yield of peaches and nectarines in Morocco declined markedly to tonnes per ha in 2019, which is down by -% against the year before. In general, the yield showed a perceptible slump. The most prominent rate of growth was recorded in 2017 when the yield increased by % y-o-y. The peach and nectarine yield peaked at tonnes per ha in 2009; however, from 2010 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the peach and nectarine harvested area in Morocco soared to ha, growing by % compared with the year before. Overall, the harvested area recorded resilient growth. The most prominent rate of growth was recorded in 2016 when the harvested area increased by % year-to-year. Over the period under review, the harvested area dedicated to peach and nectarine production reached the peak figure in 2019 and is expected to retain growth in the immediate term.
The size of the peach and nectarine market in Morocco amounted to $ in 2019, with an increase of % 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 recorded strong growth. The pace of growth appeared the most rapid in 2017 with an increase of % year-to-year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market remained at a lower figure.