Frozen Tilapia Fillets Price in Morocco - 2022
Contents:
Frozen Tilapia Fillets Price in Morocco (CIF) - 2022
In 2022, the average frozen tilapia fillets import price amounted to $4,911 per ton, increasing by 14% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, average import prices attained the maximum at $5,993 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.4% per year.
Frozen Tilapia Fillets Imports in Morocco
In 2022, supplies from abroad of frozen tilapia fillets decreased by -16.7% to 720 kg, falling for the second consecutive year after two years of growth. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 decreased by -28.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 82%. As a result, imports attained the peak of 1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, frozen tilapia fillets imports shrank modestly to $3.5K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.6% 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 decreased by -8.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 83%. As a result, imports reached the peak of $3.9K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Frozen Tilapia Fillets in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.3 | 1.8 | 3.5 | 27.2% |
| Spain | 0.4 | 1.3 | 1.9 | N/A | 117.9% |
| Others | N/A | 1.3 | N/A | N/A | 0% |
| Total | 2.1 | 3.9 | 3.7 | 3.5 | 18.6% |
Top Suppliers of Frozen Tilapia Fillets to Morocco in 2022:
- China (720.0 kg)
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