Flakes; of Potatoes Price in Morocco - 2022

Contents:

  1. Flakes; of Potatoes Price in Morocco (CIF) - 2022
  2. Flakes; of Potatoes Price in Morocco (FOB) - 2022
  3. Flakes; of Potatoes Imports in Morocco
  4. Flakes; of Potatoes Exports in Morocco

Flakes; of Potatoes Price in Morocco (CIF) - 2022

The average flakes; of potatoes import price stood at $1,908 per ton in 2022, with an increase of 8.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2013 when the average import price increased by 32% against the previous year. The import price peaked at $2,238 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,943 per ton), while the price for Lebanon amounted to $1,904 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Morocco (FOB) - 2022

In 2021, the average flakes; of potatoes export price amounted to $4,111 per ton, falling by -13.2% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 143% against the previous year. As a result, the export price reached the peak level of $4,797 per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +11.5% per year.

Flakes; of Potatoes Imports in Morocco

In 2022, approx. 36 tons of flakes; of potatoeses were imported into Morocco; waning by -8.5% against the previous year's figure. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,035% against the previous year. As a result, imports attained the peak of 39 tons, and then contracted in the following year.

In value terms, flakes; of potatoes imports fell slightly to $69K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 791% against the previous year. As a result, imports reached the peak of $69K, leveling off in the following year.

Import of Flakes; of Potatoes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lebanon28.47.465.464.331.3%
France0.50.22.24.4106.5%
Others1.30.21.70.1-57.5%
Total30.27.869.268.831.6%

Top Suppliers of Flakes; of Potatoes to Morocco in 2022:

  1. Lebanon (33.8 tons)
  2. France (2.3 tons)

Flakes; of Potatoes Exports in Morocco

In 2021, exports of flakes; of potatoeses from Morocco fell markedly to 9 kg, declining by -96.2% on the year before. Over the period under review, exports faced a precipitous setback. The smallest decline of -57.4% was in 2020.

In value terms, flakes; of potatoes exports contracted dramatically to $37 in 2021. In general, exports faced a sharp decline. The smallest decline of -57.9% was in 2020.

Export of Flakes; of Potatoes in Morocco (USD)
COUNTRY201920202021CAGR,
2019-2021
RussiaN/AN/A37.00%
Luxembourg7.0N/AN/A0%
Cote d'Ivoire602N/AN/A0%
Others2,0581,123N/A-45.4%
Total2,6671,12337.0-88.2%

Top Export Markets for Flakes; of Potatoes from Morocco in 2022:

  1. Russia (9.0 kg)

Source: IndexBox Market Intelligence Platform

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