Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (CIF) - 2022

The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $27,460 per ton in 2022, with an increase of 68% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $54,795 per ton in 2015; however, from 2016 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 Spain ($28,757 per ton), while the price for China totaled $25,765 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (FOB) - 2022

The average export price for edible products of animal origin; not elsewhere specified or includeds stood at $5,714 per ton in 2022, leveling off at the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 244%. As a result, the export price attained the peak level of $7,600 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,600 per ton), while the average price for exports to France totaled $1,000 per ton.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco

In 2022, supplies from abroad of edible products of animal origin; not elsewhere specified or includeds decreased by -80.7% to 1.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 301% against the previous year. As a result, imports attained the peak of 10 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds declined sharply to $44K in 2022. Overall, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2020 with an increase of 247% against the previous year. As a result, imports reached the peak of $216K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.72.33.425.9147.9%
China6.437.327.017.740.4%
RussiaN/AN/A2.8N/A0%
France7.612.08.5N/A5.8%
ItalyN/A25.2N/AN/A0%
TurkeyN/AN/A9.1N/A0%
Others46.413983.3N/A34.0%
Total62.221613443.6-11.2%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Morocco in 2022:

  1. Spain (900.0 kg)
  2. China (688.0 kg)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco

For the third year in a row, Morocco recorded decline in overseas shipments of edible products of animal origin; not elsewhere specified or includeds, which decreased by 0% to 7 kg in 2022. Overall, exports recorded a dramatic shrinkage. The smallest decline of -47.4% was in 2020.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds amounted to $40 in 2022. Over the period under review, exports saw a mild descent. The most prominent rate of growth was recorded in 2020 when exports increased by 81%. As a result, the exports attained the peak of $76. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A38.00%
FranceN/AN/AN/A1.00%
SpainN/A1.0N/AN/A0%
United Arab Emirates42.0N/AN/AN/A0%
OthersN/A75.0N/A1.0-88.5%
Total42.076.0N/A40.0-1.6%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Morocco in 2022:

  1. Germany (5.0 kg)
  2. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Morocco