Mandarins Price in Morocco - 2022
Contents:
- Mandarins Price in Morocco (FOB) - 2022
- Mandarins Price in Morocco (CIF) - 2022
- Mandarins Exports in Morocco
- Mandarins Imports in Morocco
Mandarins Price in Morocco (FOB) - 2022
In 2022, the average mandarins export price amounted to $867 per ton, declining by -15.8% against the previous year. Over the last five-year period, it increased at an average annual rate of +5.6%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 31%. The export price peaked at $1,048 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1,266 per ton), while the average price for exports to Mauritania ($212 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Mandarins Price in Morocco (CIF) - 2022
In 2021, the average mandarins import price amounted to $321 per ton, increasing by 31% against the previous year. Overall, the import price showed a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 121%. As a result, import price attained the peak level of $341 per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2017 to 2021, the rate of growth in terms of prices for Brazil amounted to 0.0% per year.
Mandarins Exports in Morocco
Mandarins exports from Morocco soared to 317K tons in 2022, growing by 61% on 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% 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 +72.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mandarins exports skyrocketed to $275M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Mandarins in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 28.2 | 36.2 | 31.5 | 47.7 | 19.1% |
United Kingdom | 17.4 | 25.1 | 30.7 | 46.5 | 38.8% |
Canada | 27.3 | 35.5 | 26.3 | 39.8 | 13.4% |
Netherlands | 13.4 | 44.6 | 20.8 | 34.2 | 36.7% |
Russia | 36.6 | 23.0 | 17.7 | 33.4 | -3.0% |
France | 9.0 | 14.4 | 8.1 | 13.7 | 15.0% |
Spain | 0.3 | 1.8 | 7.1 | 10.8 | 230.2% |
Sweden | 1.2 | 1.8 | 3.4 | 9.2 | 97.2% |
Poland | 7.1 | 4.8 | 3.8 | 6.8 | -1.4% |
Saudi Arabia | 7.1 | 3.3 | 3.5 | 6.0 | -5.5% |
Senegal | 0.8 | 1.9 | 2.9 | 4.4 | 76.5% |
Mauritania | 2.5 | 2.3 | 1.0 | 2.5 | 0.0% |
Others | 9.4 | 12.3 | 45.9 | 19.6 | 27.8% |
Total | 160 | 207 | 203 | 275 | 19.8% |
Top Export Markets for Mandarins from Morocco in 2022:
- United Kingdom (50.2K tons)
- Russia (50.1K tons)
- United States (42.2K tons)
- Netherlands (36.8K tons)
- Canada (31.5K tons)
- France (14.5K tons)
- Senegal (14.3K tons)
- Sweden (12.3K tons)
- Mauritania (11.6K tons)
- Spain (11.2K tons)
- Poland (7.6K tons)
- Saudi Arabia (7.3K tons)
Mandarins Imports in Morocco
In 2021, approx. 29 tons of fruit, edible were imported into Morocco; shrinking by -24% compared with the previous year. Overall, imports faced a dramatic slump.
In value terms, mandarins imports dropped modestly to $9.2K in 2021. Over the period under review, imports saw a relatively flat trend pattern.
Import of Mandarins in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Brazil | N/A | 9.2 | 0% | ||
Mauritania | 9.2 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 9.2 | 9.2 | 0.0% |
Top Suppliers of Mandarins to Morocco in 2022:
- Brazil (28.6 tons)
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