Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco - 2023
Contents:
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (FOB) - 2022
- Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (CIF) - 2022
- Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco
- Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (FOB) - 2022
The average export price for mollusc preparations; cuttle fish and squid, prepared or preserveds stood at $3,066 per ton in 2022, waning by -40.6% against the previous year. Overall, the export price recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $15,433 per ton in 2015; however, from 2016 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 ($3,403 per ton), while the average price for exports to the Netherlands ($2,317 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (-4.1%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (CIF) - 2022
In 2022, the average import price for mollusc preparations; cuttle fish and squid, prepared or preserveds amounted to $6,658 per ton, picking up by 7.5% against the previous year. Over the period under review, import price indicated a buoyant increase from 2015 to 2022: its price increased at an average annual rate of +6.0% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; cuttle fish and squid, prepared or preserveds increased by +85.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($8,233 per ton), while the price for Spain ($3,329 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco
In 2022, approx. 57 tons of mollusc preparations; cuttle fish and squid, prepared or preserveds were exported from Morocco; rising by 17,803% against the previous year's figure. Over the period under review, exports recorded 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 mollusc preparations; cuttle fish and squid, prepared or preserveds skyrocketed to $176K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 2.9 | N/A | 130 | 289.5% |
| Spain | N/A | N/A | N/A | 42.5 | 0% |
| Netherlands | N/A | 15.5 | 0.6 | 2.8 | -57.5% |
| Belgium | 13.4 | N/A | N/A | N/A | 0% |
| Switzerland | 0.5 | 5.2 | 0.9 | N/A | 34.2% |
| United States | N/A | 13.4 | N/A | N/A | 0% |
| Others | 0.8 | 1.4 | 0.2 | 0.8 | 0.0% |
| Total | 16.8 | 38.3 | 1.7 | 176 | 118.8% |
Top Export Markets for Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved from Morocco in 2022:
- Germany (43.1 tons)
- Spain (12.5 tons)
- Netherlands (1.2 tons)
Imports of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco
In 2022, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds into Morocco shrank to 5.2 tons, declining by -5.3% against 2021. In general, imports saw a sharp slump. The smallest decline of -1.1% was in 2020.
In value terms, imports of mollusc preparations; cuttle fish and squid, prepared or preserveds expanded modestly to $35K in 2022. Over the period under review, imports recorded a dramatic curtailment.
| Import of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 6.4 | 24.8 | 287.5% |
| China | 72.1 | N/A | 26.0 | 6.9 | -54.3% |
| Spain | 2.9 | 12.2 | 0.8 | 2.0 | -11.6% |
| France | 0.5 | 13.6 | 0.7 | 0.8 | 17.0% |
| Peru | N/A | 16.7 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 75.4 | 42.5 | 33.9 | 34.5 | -22.9% |
Top Suppliers of Mollusc Preparations; Cuttle Fish and Squid, Prepared or Preserved to Morocco in 2022:
- United Arab Emirates (3.5 tons)
- China (1.0 tons)
- Spain (0.6 tons)
- France (0.1 tons)
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