Includes 3 FREE quarterly updates
BMI View: Morocco's agriculture sector holds promising potential, especially the dairy, poultry and sugar industries. The dairy sector is benefiting from growing interest from international dairy companies and is likely to enjoy strong growth in the coming years. In the livestock industry, we expect increased government support and investment - backed by strong domestic demand - to help the sectors to develop. However, the lack of investment in modern infrastructure will hamper production growth in the short term. Moreover, the heat wave that has affected Morocco in recent months has damaged the outlook for 2012/13 agricultural output. As a result, food price inflation is likely to accelerate in the coming months, even more so with the modification of the food and energy subsidy programme in 2013.
Grains Share On The Rise
Morocco - BMI Agribusiness Market Value By Commodity (% of total) Note: The BMI Market Value is an addition of all domestically produced commodities' value (calculated by multiplying the production with the international benchmark prices, converted in US$/tonne); e/f = BMI estimate/ forecast.
Source: BMI
Key Forecasts
BMI View: Morocco's agriculture sector holds promising potential, especially the dairy, poultry and sugar industries. The dairy sector is benefiting from growing interest from international dairy companies and is likely to enjoy strong growth in the coming years. In the livestock industry, we expect increased government support and investment - backed by strong domestic demand - to help the sectors to develop. However, the lack of investment in modern infrastructure will hamper production growth in the short term. Moreover, the heat wave that has affected Morocco in recent months has damaged the outlook for 2012/13 agricultural output. As a result, food price inflation is likely to accelerate in the coming months, even more so with the modification of the food and energy subsidy programme in 2013.
Grains Share On The Rise
Morocco - BMI Agribusiness Market Value By Commodity (% of total) Note: The BMI Market Value is an addition of all domestically produced commodities' value (calculated by multiplying the production with the international benchmark prices, converted in US$/tonne); e/f = BMI estimate/ forecast.
Source: BMI
Key Forecasts
- Wheat production growth to 2016/17: 39.2% to 8.4mn tonnes. This will come on the back of steady growth in the country's wheat demand, a result of strong economic growth. Increased planting and productivity gains will also help to support output.
- Milk consumption growth to 2016/17 22.4% to 561,700 tonnes. The ubiquity of domestic milkproducing animals means that household consumption of fresh milk is easily facilitated and virtually recession-proof.
BMI Industry View
SWOT
Agribusiness
Business Environment
Industry Forecast
Sugar Outlook
Table: MOROCCO Sugar Production & Consumption
Table: MOROCCO Sugar Production & Consumption
Dairy Outlook
Table: MOROCCO Butter Production & Consumption
Table: MOROCCO Cheese Production & Consumption
Table: MOROCCO Milk Production & Consumption
Table: MOROCCO Butter Production & Consumption
Table: MOROCCO Cheese Production & Consumption
Table: MOROCCO Milk Production & Consumption
Livestock Outlook
Table: MOROCCO Beef & Veal Production & Consumption
Table: MOROCCO Poultry Production & Consumption
Table: MOROCCO Beef & Veal Production & Consumption
Table: MOROCCO Poultry Production & Consumption
Grains Outlook
Table: MOROCCO Barley Production & Consumption
Table: MOROCCO Corn Production & Consumption
Table: MOROCCO Wheat Production & Consumption
Table: MOROCCO Barley Production & Consumption
Table: MOROCCO Corn Production & Consumption
Table: MOROCCO Wheat Production & Consumption
Commodities Price Analysis
Monthly Grains Update
Table: Select Agricultural Commodities - Performance & BMI Forecasts
Monthly Softs Update
Table: Select Agricultural Commodities - Performance & BMI Forecasts
Table: BMI Commodity Strategy
Upstream Analysis
Africa Machinery Outlook
Industry Trend Analysis
Africa GM Outlook
Downstream Analysis
Food Outlook
Table: Morocco - Food Consumption Indicators
Table: Morocco - Fish
Table: Morocco - Virgin Olive Oil
Table: Morocco - Crude Soya-bean Oil
Table: Morocco - Corn Oil
Table: Morocco - Dairy
Drink Outlook
Table: Morocco - Wine Volume Sales
Table: Morocco - Soft Drinks Value/Volume Sales
Retail Outlook
Table: Morocco - Mass Grocery Retail Sales By Format
Competitive Landscape
Table: Morocco Key Agribusiness Companies (US$ mn)
Demographic Forecast
Demographic Outlook
Table: Morocco's Population By Age Group, 1990-2020 ('000)
Table: Morocco's Population By Age Group, 1990-2020 (% of total)
Table: Morocco's Key Population Ratios, 1990-2020
Table: Morocco's Rural And Urban Population, 1990-2020
Methodology
SWOT
Agribusiness
Business Environment
Industry Forecast
Sugar Outlook
Table: MOROCCO Sugar Production & Consumption
Table: MOROCCO Sugar Production & Consumption
Dairy Outlook
Table: MOROCCO Butter Production & Consumption
Table: MOROCCO Cheese Production & Consumption
Table: MOROCCO Milk Production & Consumption
Table: MOROCCO Butter Production & Consumption
Table: MOROCCO Cheese Production & Consumption
Table: MOROCCO Milk Production & Consumption
Livestock Outlook
Table: MOROCCO Beef & Veal Production & Consumption
Table: MOROCCO Poultry Production & Consumption
Table: MOROCCO Beef & Veal Production & Consumption
Table: MOROCCO Poultry Production & Consumption
Grains Outlook
Table: MOROCCO Barley Production & Consumption
Table: MOROCCO Corn Production & Consumption
Table: MOROCCO Wheat Production & Consumption
Table: MOROCCO Barley Production & Consumption
Table: MOROCCO Corn Production & Consumption
Table: MOROCCO Wheat Production & Consumption
Commodities Price Analysis
Monthly Grains Update
Table: Select Agricultural Commodities - Performance & BMI Forecasts
Monthly Softs Update
Table: Select Agricultural Commodities - Performance & BMI Forecasts
Table: BMI Commodity Strategy
Upstream Analysis
Africa Machinery Outlook
Industry Trend Analysis
Africa GM Outlook
Downstream Analysis
Food Outlook
Table: Morocco - Food Consumption Indicators
Table: Morocco - Fish
Table: Morocco - Virgin Olive Oil
Table: Morocco - Crude Soya-bean Oil
Table: Morocco - Corn Oil
Table: Morocco - Dairy
Drink Outlook
Table: Morocco - Wine Volume Sales
Table: Morocco - Soft Drinks Value/Volume Sales
Retail Outlook
Table: Morocco - Mass Grocery Retail Sales By Format
Competitive Landscape
Table: Morocco Key Agribusiness Companies (US$ mn)
Demographic Forecast
Demographic Outlook
Table: Morocco's Population By Age Group, 1990-2020 ('000)
Table: Morocco's Population By Age Group, 1990-2020 (% of total)
Table: Morocco's Key Population Ratios, 1990-2020
Table: Morocco's Rural And Urban Population, 1990-2020
Methodology
