Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco - 2023

Contents:

1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco (CIF) - 2022
2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco (FOB) - 2022
3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco
4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco (CIF) - 2022

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,670 per ton in 2022, shrinking by -10.4% against the previous year. In general, the import price saw a abrupt contraction. The growth pace was the most rapid in 2013 an increase of 106% against the previous year. As a result, import price attained the peak level of $7,851 per ton. From 2014 to 2022, the average import prices remained at a 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 the United States ($10,000 per ton), while the price for France ($1,509 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+63.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco (FOB) - 2022

The average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $12,000 per ton in 2022, picking up by 2,098% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($14,250 per ton), while the average price for exports to the United Arab Emirates amounted to $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-9.2%).

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco

In 2022, purchases abroad of flour and meal; of the dried leguminous vegetables of heading no. 0713 decreased by -64.3% to 4.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 188%. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined remarkably to $7.3K in 2022. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 124%. As a result, imports attained the peak of $31K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Morocco in 2022:

1. France (3492.0 kg)
2. Spain (586.0 kg)
3. China (266.0 kg)
4. Germany (39.0 kg)

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Morocco

Exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Morocco fell rapidly to 5 kg in 2022, waning by 99.9% against 2021 figures. Overall, exports recorded a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 67,693%. As a result, the exports reached the peak of 29 tons, and then declined significantly in the following year.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 declined dramatically to $60 in 2022. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 46,715%. As a result, the exports attained the peak of $16K, and then shrank markedly in the following year.

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Morocco in 2022:

1. Ghana (4.0 kg)
2. United Arab Emirates (1.0 kg)

Source: IndexBox Market Intelligence Platform