Price for Cereal Grains; Rolled or Flaked, of Oats in Morocco - 2023

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Morocco (CIF) - 2023
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Morocco (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Morocco
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Morocco

Price for Cereal Grains; Rolled or Flaked, of Oats in Morocco (CIF) - 2023

The average import price for cereal grains; rolled or flaked, of oatses stood at $927 per ton in December 2022, declining by -16.1% against the previous month. Over the last six-month period, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in July 2022 an increase of 8% against the previous month. The import price peaked at $1,105 per ton in November 2022, and then reduced notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1,677 per ton), while the price for Spain ($766 per ton) was amongst the lowest.

From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Morocco (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $1,664 per ton, falling by -14.7% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 134%. As a result, the export price attained the peak level of $1,950 per ton, and then reduced in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($2,365 per ton), while the average price for exports to Mauritania stood at $1,637 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+42.6%).

Imports of Cereal Grains; Rolled or Flaked, of Oats in Morocco

In 2022, the amount of cereal grains; rolled or flaked, of oatses imported into Morocco skyrocketed to 8.1K tons, growing by 24% compared with the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +26.9% 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 +104.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of cereal grains; rolled or flaked, of oatses soared to $7.5M in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 67% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Morocco in 2022:

1. Lithuania (4.5K tons)
2. Czech Republic (0.8K tons)
3. Ukraine (0.7K tons)
4. Latvia (0.5K tons)
5. Poland (0.4K tons)
6. Germany (0.4K tons)
7. Spain (0.3K tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Morocco

In 2022, overseas shipments of cereal grains; rolled or flaked, of oatses were finally on the rise to reach 15 tons after two years of decline. Over the period under review, exports, however, saw a abrupt setback.

In value terms, exports of cereal grains; rolled or flaked, of oatses surged to $24K in 2022. Overall, exports, however, showed a drastic downturn.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Morocco in 2022:

1. Mauritania (14.1 tons)
2. Kuwait (0.2 tons)

Source: IndexBox Market Intelligence Platform