Price for Fresh or Chilled Witloff Chicory in Morocco - 2022
Contents:
- Price for Fresh or Chilled Witloff Chicory in Morocco (CIF) - 2022
- Price for Fresh or Chilled Witloff Chicory in Morocco (FOB) - 2022
- Imports of Fresh or Chilled Witloff Chicory in Morocco
- Exports of Fresh or Chilled Witloff Chicory in Morocco
Price for Fresh or Chilled Witloff Chicory in Morocco (CIF) - 2022
The average import price for fresh or chilled witloff chicory stood at $1,193 per ton in 2022, shrinking by -10.6% against the previous year. In general, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of 6%. Over the period under review, average import prices attained the maximum at $1,611 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -0.5% per year.
Price for Fresh or Chilled Witloff Chicory in Morocco (FOB) - 2022
The average export price for fresh or chilled witloff chicory stood at $1,635 per ton in 2022, reducing by -8.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 57%. Over the period under review, the average export prices attained the peak figure at $2,182 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,706 per ton), while the average price for exports to Russia totaled $1,265 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.1%).
Imports of Fresh or Chilled Witloff Chicory in Morocco
In 2022, the amount of fresh or chilled witloff chicory imported into Morocco shrank remarkably to 56 tons, waning by -33.8% compared with 2021 figures. In general, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.
In value terms, fresh or chilled witloff chicory imports contracted dramatically to $66K in 2022. Overall, imports saw a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 18%.
| Import of Fresh or Chilled Witloff Chicory in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 76.6 | 46.6 | 59.0 | 66.5 | -4.6% |
| Others | 75.4 | 48.2 | 53.3 | N/A | -15.9% |
| Total | 152 | 94.8 | 112 | 66.5 | -24.1% |
Top Suppliers of Fresh or Chilled Witloff Chicory to Morocco in 2022:
- Spain (55.7 tons)
Exports of Fresh or Chilled Witloff Chicory in Morocco
After two years of decline, shipments abroad of fresh or chilled witloff chicory increased by 0.1% to 26 tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, fresh or chilled witloff chicory exports contracted to $43K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year.
| Export of Fresh or Chilled Witloff Chicory in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 11.2 | 18.3 | 40.6 | 37.2 | 49.2% |
| Russia | 3.9 | 2.1 | 5.7 | 5.3 | 10.8% |
| Netherlands | 2.9 | N/A | N/A | N/A | 0% |
| Others | 14.4 | 18.5 | 0.3 | 0.2 | -76.0% |
| Total | 32.4 | 38.9 | 46.6 | 42.8 | 9.7% |
Top Export Markets for Fresh or Chilled Witloff Chicory from Morocco in 2022:
- Spain (21.8 tons)
- Russia (4.2 tons)
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