Price for Meat of Bovine Animals; Fresh or Chilled in Morocco - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Morocco (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Morocco (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Morocco
- Imports of Meat of Bovine Animals; Fresh or Chilled in Morocco
Price for Meat of Bovine Animals; Fresh or Chilled in Morocco (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $11,628 per ton in 2022, falling by -24% against the previous year. Overall, the export price saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 8.7% against the previous year. As a result, the export price attained the peak level of $20,690 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($17,361 per ton), while the average price for exports to Spain ($9,389 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (+3.3%), while the prices for the other major destinations experienced a decline.
Price for Meat of Bovine Animals; Fresh or Chilled in Morocco (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $5,336 per ton in 2022, declining by -11.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 238%. As a result, import price attained the peak level of $21,236 per ton. From 2017 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 Germany ($14,333 per ton), while the price for France amounted to $4,645 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+15.7%).
Exports of Meat of Bovine Animals; Fresh or Chilled in Morocco
In 2022, exports of meat of bovine animals; fresh or chilled from Morocco skyrocketed to 4.8 tons, jumping by 651% on the previous year's figure. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled surged to $55K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 0.9 | 45.0 | 4900.0% |
| Spain | N/A | N/A | N/A | 6.9 | 0% |
| Senegal | N/A | N/A | N/A | 1.3 | 0% |
| Oman | N/A | 2.9 | 8.0 | N/A | 175.9% |
| Others | 1.2 | N/A | 0.8 | 2.2 | 22.4% |
| Total | 1.2 | 3.0 | 9.7 | 55.4 | 258.7% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Morocco in 2022:
- Qatar (3.8 tons)
- Spain (0.7 tons)
- Senegal (0.1 tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Morocco
In 2022, overseas purchases of meat of bovine animals; fresh or chilled decreased by -97.9% to 673 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of 32 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of meat of bovine animals; fresh or chilled declined remarkably to $3.6K in 2022. In general, imports showed a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 42%.
| Import of Meat of Bovine Animals; Fresh or Chilled in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 44.0 | 82.3 | 20.2 | 2.9 | -59.6% |
| Germany | N/A | N/A | N/A | 0.7 | 0% |
| Spain | 13.6 | N/A | 57.5 | N/A | 105.6% |
| Cote d'Ivoire | N/A | 0.3 | N/A | N/A | 0% |
| United States | N/A | N/A | 37.4 | N/A | 0% |
| Others | 58.5 | 82.2 | 77.9 | N/A | 15.4% |
| Total | 116 | 165 | 193 | 3.6 | -68.6% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Morocco in 2022:
- France (625.0 kg)
- Germany (48.0 kg)
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