Cereals; Barley, Seed Price in Morocco - 2022
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Cereals; Barley, Seed Price in Morocco (CIF) - 2022
The average cereals; barley, seed import price stood at $1,126 per ton in 2022, leveling off at the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed import price increased by +9.6% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 80% against the previous year. The import price peaked at $1,164 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,596 per ton), while the price for Spain amounted to $1,086 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%).
Cereals; Barley, Seed Imports in Morocco
After three years of growth, supplies from abroad of cereals; barley, seeds decreased by -11.5% to 66 tons in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%.
In value terms, cereals; barley, seed imports shrank to $75K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 52%.
| Import of Cereals; Barley, Seed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 26.5 | 28.9 | 35.8 | 66.6 | 36.0% |
| France | 13.6 | 34.3 | 12.8 | 7.7 | -17.3% |
| Others | 1.8 | 0.5 | 36.9 | 0.3 | -45.0% |
| Total | 41.9 | 63.7 | 85.5 | 74.6 | 21.2% |
Top Suppliers of Cereals; Barley, Seed to Morocco in 2022:
- Spain (61.3 tons)
- France (4.8 tons)
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