Morocco Seed Sector Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Morocco Seed Sector Analysis - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Morocco Seed sector is estimated to grow at a CAGR of 2.1% during the forecast period 2020-2025. The Agricultural sector including both agriculture as well as agro-industry contributes 19% of the countries GDP. The National policy which is The Green Morocco Plan (Plan Maroc Vert, PMV) enables the Moroccon agriculture in terms of high productivity by encouraging the private investments, improving the export opportunity and modernizing the agriculture. In 2018, the agriculture produce saw a growth of 27% along with a 4% increase in exports compared to the previous year despite the late rainfall as per the FAO report.

The seed system in Morocco includes national and foreign seed producers, producers’ associations, importers & exporters of seed and planting material, research institutions, farmers, the government, and two national seed traders’ associations (AMSP – Association Marocaine des Semences et Plants; AMMS – Association Marocaine des Multiplicateurs des Semences). GM seeds have no significant presence in the country and imports of GM seeds are not allowed either.

Key Market TrendsGovernment Subsidy for Importing and Marketing Certified Seeds

The Agricultural Development Fund (ADF) of Morocco provides subsidies for Marketing and Storage of Certified seeds. The seed corporation in Morocco accredited during 2016-2017 to commercialize the national production of certified wheat and Barley seeds. The ADF also aids in funding for the Monogram sugarbeet seed and imported Rice seed corporates for the carry-over stocks. This subsidy is paid to the seed corporations that deduct the seed price upon seeling to a farmer. These subsidies are applicable only if the seeds marketed are certified by the National Health Security Office for Foodstuffs (ONSSA).

Increased Production of Cereals and Vegetable Crops

As per the APEDA, it is seen that Wheat and Barely are produced at a higher rate in Morocco followed by vegetable crops during the forecast period. Among this, the crops like Tomato, Beans, Olives are exported at a higher rate to the neighboring countries like France, Russia, Uk, Spain, Germany and so on. Morocco also imports the cereals (Maize, Barley) and vegetable seeds (Potato, Sugarbeet, Beans, Tomato) from Netherland, UK, Denmark, France, Peru to meet the increased production demand.

Morocco is dependent on the EU for the import of many vegetables and cereal seeds, owing to better quality and drought tolerance issues. Vegetable seed constitutes the major portion of both exports and imports. Henceforth, in order to meet the increased internal as well as external demand, morocco imports and exports varied seeds which are further assisted by the Morocco government by providing subsidies to market and store such resources within the region.

Competitive Landscape

The seed system in Morocco is highly fragment and includes national and foreign seed producers, producers’ associations, importers & exporters of seed and planting material, research institutions, farmers, the government, and two national seed traders’ associations (AMSP – Association Marocaine des Semences et Plants; AMMS – Association Marocaine des Multiplicateurs des Semences). Companies are highly focused on the introduction of new varieties of seeds, which have led them to acquire significant market shares in the seed sector.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

QualiBasic Seed Company
Zambia Seed Company Limited
takii seed
Known
You Seed Company
agrosem
Rijk Zwaan Maroc Sarl
Erma Zaden
East West Seeds Pvt Ltd
Tozer Seeds

Please note: This publisher does offer titles that are created upon receipt of order. If you are purchasing a PDF Email Delivery option above, the report will take approximately 2 business days to prepare and deliver.