Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco - 2023

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (CIF) - 2022

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $63,299 per ton in 2022, with a decrease of -23.7% against the previous year. Overall, the import price, however, recorded a strong increase. The growth pace was the most rapid in 2018 when the average import price increased by 70% against the previous year. Over the period under review, average import prices hit record highs at $83,512 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($69,807 per ton) and China ($65,642 per ton), while the price for Germany ($53,755 per ton) and France ($64,134 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (FOB) - 2022

In 2022, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $25,955 per ton, almost unchanged from the previous year. Overall, the export price, however, recorded a modest expansion. The growth pace was the most rapid in 2019 an increase of 67% against the previous year. Over the period under review, the average export prices attained the maximum at $40,111 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.2% per year.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco

In 2022, imports of vitamins; vitamins a and their derivatives, unmixeds into Morocco reached 50 tons, surging by 10% on 2021 figures. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds shrank notably to $3.2M in 2022. Over the period under review, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57835742193517.4%
France8641,073771803-2.4%
Switzerland1,154848808763-12.9%
Germany49129689.26489.7%
Others9055851,6621.9-87.2%
Total3,9913,1583,7513,152-7.6%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Morocco in 2022:

  1. China (14.3 tons)
  2. France (12.5 tons)
  3. Germany (12.1 tons)
  4. Switzerland (10.9 tons)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco

In 2022, approx. 286 kg of vitamins; vitamins a and their derivatives, unmixeds were exported from Morocco; growing by 20% against the year before. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds skyrocketed to $7.4K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates4.35.26.27.419.8%
OthersN/AN/AN/AN/A0%
Total4.35.26.27.419.8%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Morocco in 2022:

  1. United Arab Emirates (286.0 kg)
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