Price for Homogenised Composite Food Preparations in Morocco - 2022

Contents:

1. Price for Homogenised Composite Food Preparations in Morocco (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Morocco (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Morocco
4. Imports of Homogenised Composite Food Preparations in Morocco

Price for Homogenised Composite Food Preparations in Morocco (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $3,871 per ton, waning by -7.3% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 130%. Over the period under review, the average export prices attained the maximum at $15,850 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 Ghana ($4,305 per ton), while the average price for exports to Senegal ($3,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Morocco (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $8,902 per ton, rising by 326% against the previous year. Overall, the import price recorded significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,553 per ton), while the price for China ($897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+202.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Homogenised Composite Food Preparations in Morocco

In 2022, overseas shipments of homogenised composite food preparationses decreased by -50.4% to 16 tons, falling for the second year in a row after two years of growth. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 47 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, homogenised composite food preparations exports dropped remarkably to $64K in 2022. Over the period under review, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 41%. As a result, the exports attained the peak of $189K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Homogenised Composite Food Preparations from Morocco in 2022:

1. Ghana (7.2 tons)
2. France (7.1 tons)
3. Senegal (1.9 tons)

Imports of Homogenised Composite Food Preparations in Morocco

Homogenised composite food preparations imports into Morocco declined significantly to 2.9 tons in 2022, dropping by -20.3% against 2021 figures. In general, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year. As a result, imports attained the peak of 3.6 tons, and then dropped rapidly in the following year.

In value terms, homogenised composite food preparations imports surged to $26K in 2022. Overall, imports, however, showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Homogenised Composite Food Preparations to Morocco in 2022:

1. France (1656.0 kg)
2. Italy (1175.0 kg)
3. Germany (58.0 kg)
4. China (5.0 kg)