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Home > Economy > Morocco’s Fresh Vegetable Druge to Nearly $1.6 Billion Despite Volume Drop

Morocco’s Fresh Vegetable Druge to Nearly $1.6 Billion Despite Volume Drop

Morocco’s earnings from vegetable exports surged to nearly $1.6 billion throughout 2023 despite declining volume.

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Apr, 11, 2024
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Morocco’s Fresh Vegetable Druge to Nearly $1.6 Billion Despite Volume Drop

Morocco’s Fresh Vegetable Druge to Nearly $1.6 Billion Despite Volume Drop

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Rabat – Morocco’s earnings from vegetable exports surged to nearly $1.6 billion throughout 2023 despite declining volume.

The monetary value of exports marks a 12% year-on-year increase, according to a report from EastFruit.

Despite grappling with adverse weather conditions that led to a 14% reduction in export tonnage, dropping to 1.06 million tons, Morocco managed to outshine its previous five-year average by 5%. 

Greenhouse tomatoes emerged as the primary driver behind the country’s export revenue, accounting for nearly three-quarters of the total fresh vegetable export value.

Although the sector was affected by soaring summer temperatures, resulting in an 11% decline in greenhouse tomato exports to 660,000 tons, Morocco maintained its status as the world’s third-largest exporter of fresh tomatoes, trailing only Mexico and the Netherlands.

Meanwhile, sweet peppers retained their position as the second-highest revenue generator in the vegetable segment. 

Morocco saw a significant uptick in both the volume and value of sweet pepper exports, with a 4% increase in physical export volumes to 174,000 tons and a remarkable 55% surge in monetary value, reaching $230 million.

Zucchini and pumpkins secured the third spot in terms of export revenue, with zucchini exports remaining relatively steady year-over-year in both quantity and value. 

Morocco exported a combined total of 47,000 tons of zucchini and pumpkins, valued at $45 million in 2023.

Greenhouse cucumbers were the fourth-highest revenue contributor, with exports adding $23 million to the economy. Cucumber exports grew by 60% in 2023.

In addition, various greens and herbs, including parsley and tarragon, contributed $14 million to the export figures, along with significant contributions from carrots, onions, sweet corn, and a variety of brassica categories.

Read Also: Morocco’s Greenhouse Vegetable Exports Decline, Except for Bell Peppers

Tags: vegetable exportsVegetable pricesVegetable prices rise in morocco
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