Morocco dominates the sardine market in the EU
International

Morocco dominates the sardine market in the EU

Morocco is making good progress in market globalization and trade intensification. Today, the Kingdom has established itself as a key player in the fisheries sector, especially in the export of sardines to the European Union (EU). A recent study, commissioned by the European Parliament’s Directorate-General for Internal Policy at the request of the Fisheries Committee, highlighted Morocco’s dominant position as the main supplier of this prized fish.

Entitled “Options to strengthen the competitiveness of the fisheries and mariculture sector in the European Union”, this in-depth analysis of trade flows of fishery products between the EU and third countries reveals that the value of Moroccan fish exports to the EU reached an impressive total of €1.61 ​​billion in 2022. This figure puts Morocco in third place among exporting countries after Norway and China, underscoring its key role in Europe’s seafood supply.

The significant increase in European imports of fishery and aquaculture products, which grew by 157 percent between 2008 and 2022, can be explained by several economic factors such as inflation, rising transport costs and the fall of the euro against certain foreign currencies. This trend reflects not only changes in consumer habits but also the challenges facing the European fishing sector.

Sardines, in particular, are the species most imported to Morocco, accounting for 93 percent of sardine imports from non-EU countries. In addition to sardines, Morocco also exports other important species such as squid, anchovies and tuna, thus diversifying its offer and strengthening its position in the market.

The study highlights the growing dependence of the European market on imported fish products and recommends increased coordination between EU trade and fisheries policies. This coordination is particularly crucial when negotiating trade agreements that include provisions related to fisheries, to ensure the sustainable management of marine resources and protect the interests of European fishermen.

Furthermore, the study calls for a rigorous assessment of the economic and social impact of free trade agreements on the fisheries and aquaculture sector in Europe. It proposes the adoption of preventive measures to mitigate the potential negative effects of these agreements, thus ensuring the sustainability and resilience of the sector in relation to the dynamics of international trade.

Morocco, thanks to its targeted export strategy and ability to meet the quality standards required by the EU, continues to strengthen its position in the sardine market, while contributing significantly to the overall maritime economy.

Hi, I’m laayouni2023