Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco - 2023
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (FOB) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (CIF) - 2022
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (FOB) - 2022
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $9,181 per ton in 2022, waning by -22.8% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2013 an increase of 90%. The export price peaked at $11,891 per ton in 2021, and then declined rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2012 to 2022, the rate of growth in terms of prices for Equatorial Guinea amounted to -1.0% per year.
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (CIF) - 2022
In 2022, the average import price for meat of sheep or goats; fresh, chilled or frozen amounted to $6,251 per ton, remaining relatively unchanged against the previous year. Overall, the import price showed a mild expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 124% against the previous year. As a result, import price reached the peak level of $12,216 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($7,328 per ton), while the price for Spain totaled $6,230 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco
For the fourth year in a row, Morocco recorded growth in overseas shipments of meat of sheep or goats; fresh, chilled or frozen, which increased by 501% to 49 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 1,110% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen surged to $445K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,944%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 33.1 | 272 | 721.8% |
| Oman | N/A | N/A | 56.8 | N/A | 0% |
| Others | 3.0 | 4.7 | 6.2 | 173 | 286.3% |
| Total | 3.0 | 4.7 | 96.0 | 445 | 429.4% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Morocco in 2022:
- Qatar (23.6 tons)
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco
In 2022, imports of meat of sheep or goats; fresh, chilled or frozen into Morocco contracted markedly to 15 tons, waning by -28.4% compared with the previous year's figure. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 145%.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen shrank rapidly to $94K in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 172% against the previous year. As a result, imports attained the peak of $131K, and then declined remarkably in the following year.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 128 | 44.2 | 38.8 | 92.0 | -10.4% |
| France | N/A | N/A | N/A | 2.1 | 0% |
| Australia | N/A | N/A | 92.3 | N/A | 0% |
| Others | 0.5 | 3.9 | N/A | N/A | 680.0% |
| Total | 129 | 48.1 | 131 | 94.1 | -10.0% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Morocco in 2022:
- Spain (14.8 tons)
- France (0.3 tons)
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