News

Morocco’s fisheries exports reached a record $2.7 billion in 2022

Value Added Sardine
Frozen Sardine
Morocco
Published Jan 31, 2023

Tridge summary

Morocco’s fisheries exports reached 883,000 tons, with a record value of MAD 28 billion ($2.7 billion) at the end of 2022.

Original content

The increase in the volume of exports was the direct result of increasing demand abroad for Morocco’s fisheries products. Rabat - Fisheries exports rose by an annual average of 13% in volume and 16% in value at the end of 2022, according to Zakia Driouich, Secretary General of the Ministry of Agriculture, Maritime Fisheries, Rural Development, and Water and Forests. Speaking in an interview with Morocco’s state-owned media MAP, Driouich explained that the increase mainly concerned canned sardines that recorded an annual growth of 9% in volume. Other fisheries products that saw a significant increase include frozen sardines, with an export volume increase of 43%, and fishmeal and oil, with a 36% increase. The increase in the volume of exports was the direct result of increasing demand abroad on Morocco’s fisheries products. Demand for canned sardines rose by 33%, while demand for frozen sardines increased by 71%, and 93% for fishmeal and fish oil. Commenting on the positive ...
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