AHDB Exports (AHDB Cereals & Oilseeds) has published four target market reports that summarise key information important for understanding their markets.
Reports for Portugal, Spain, Morocco and Algeria have been published.
The publications include consumer trends, market information and demographics, all designed to give a picture of the potential import requirements of the country.
Combined, the countries imported an approximate total of 19,536,000Mt during the 2014/15 marketing season and are forecast to import approximately 20,869,000Mt in 2015/16.
The current drought across North African countries ensures that the UK is seen as a key exporter.
Portuguese 2015/16 wheat production is forecasted to decline by 32% to 69,000 tonnes. With a total annual demand of around 1.1 million tonnes of wheat, due to low domestic production, 1 million tonnes has to be imported.
Spanish wheat production is approximately 5 million tonnes per annum. For the 2015/16 season, wheat imports are forecast at 5.5 million tonnes and barley imports approximately 864,000 tonnes.
Moroccan wheat production varies between 5–8 million tonnes depending on climatic conditions. For the 2015/16 season, wheat imports are forecast to reach approximately 2.8 million tonnes and barley imports approximately 200,000 tonnes.
Algeria’s wheat harvest for 2015/16 totalled 2.7 million tonnes, of which, approximately 0.5 million tonnes is soft wheat. Total wheat imports are forecast to total 7.7 million tonnes and barley 650,000 tonnes.
