Key Market Indicators
Consumption of Moroccan Peppers is expected to remain stable over the next five years. It is forecasted to reach 21 thousand metric tons by 2026. On average, it is projected to see a decrease in consumption of 0.9% year-on-year from 2021 to 2026. Moroccan Peppers production is expected to grow at an average rate of 1.8% year-on-year from 2021 to 2026, reaching 286,550 metric tons by 2026. From 1966 to 2021, the country's production grew 8.2% year-on-year. In 2021, Morocco ranked 13th in the world for production, with South Korea ahead with 257,690 metric tons. Mexico, Indonesia and Spain respectively were numbers 2, 3 and 4 in this ranking.
