Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco - 2023

Contents:

  1. Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco (CIF) - 2022
  2. Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco

Price for Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco (CIF) - 2022

In 2022, the average import price for flour and meal; of sago, roots or tubers of heading no. 0714 amounted to $1,716 per ton, rising by 34% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2016 an increase of 276%. The import price peaked at $11,366 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Peru ($17,290 per ton), while the price for Cote d'Ivoire ($1,372 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+11.5%).

Imports of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco

In 2022, imports of flour and meal; of sago, roots or tubers of heading no. 0714 into Morocco soared to 78 tons, with an increase of 188% compared with 2021 figures. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 371% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of flour and meal; of sago, roots or tubers of heading no. 0714 surged to $134K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 358%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire6.932.629.386.1131.9%
TogoN/AN/AN/A39.40%
Others1.45.35.69.085.9%
Total8.337.934.9134152.7%

Top Suppliers of Flour and Meal; of Sago, Roots or Tubers of Heading No. 0714 to Morocco in 2022:

  1. Cote d'Ivoire (62.7 tons)
  2. Togo (15.0 tons)

Source: IndexBox Market Intelligence Platform

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