Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco - 2023

Contents:

  1. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (FOB) - 2023
  2. Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (CIF) - 2022
  3. Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco
  4. Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (FOB) - 2023

In June 2023, the average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $2,067 per ton, approximately reflecting the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2023 an increase of 41% m-o-m. The export price peaked at $2,374 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In June 2023, the countries with the highest prices were the UK ($2,388 per ton) and Spain ($2,051 per ton), while the average price for exports to Portugal ($1,976 per ton) and France ($2,036 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (CIF) - 2022

In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $2,835 per ton, jumping by 285% against the previous year. Overall, the import price recorded resilient growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 751%. As a result, import price reached the peak level of $6,533 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,749 per ton), while the price for Spain ($667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.6%), while the prices for the other major suppliers experienced a decline.

Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco

Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Morocco fell to 136K tons in 2022, dropping by -12.3% on the previous year's figure. Over the period under review, exports showed a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. As a result, the exports reached the peak of 155K tons, and then shrank in the following year.

In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds fell modestly to $243M in 2022. In general, exports saw a perceptible decline. The pace of growth was the most pronounced in 2021 when exports increased by 2% against the previous year.

Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain177141129123-11.4%
Netherlands41.850.349.443.71.5%
France46.934.942.440.9-4.5%
United Kingdom0.52.613.719.6239.7%
Portugal7.86.89.411.915.1%
Others1.97.53.94.028.2%
Total276243248243-4.2%

Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Morocco in 2022:

  1. Spain (69.7K tons)
  2. France (23.8K tons)
  3. Netherlands (23.4K tons)
  4. United Kingdom (9.9K tons)
  5. Portugal (6.6K tons)

Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco

In 2022, supplies from abroad of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -98.7% to 273 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 225%. As a result, imports reached the peak of 45 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds reduced notably to $774 in 2022. Overall, imports recorded a dramatic descent. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of $22K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.20.6200.0%
FranceN/AN/A5.30.1-98.1%
Spain10.4N/AN/AN/A0%
Belgium3.5N/AN/AN/A0%
SenegalN/A2.0N/AN/A0%
Austria3.3N/AN/AN/A0%
ItalyN/A20.010.5N/A-47.5%
Others0.40.2N/AN/A-50.0%
Total17.522.216.00.8-64.2%

Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Morocco in 2022:

  1. China (171.0 kg)
  2. France (87.0 kg)
  3. Spain (15.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Leguminous vegetables; shelled or unshelled, fresh or chilled - Morocco