Price for Mollusc Preparations; Mussels, Prepared or Preserved in Morocco - 2023

Contents:

  1. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (CIF) - 2022
  2. Price for Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (FOB) - 2022
  3. Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco
  4. Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (CIF) - 2022

The average import price for mollusc preparations; mussels, prepared or preserveds stood at $3,545 per ton in 2022, reducing by -2.5% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. Over the period under review, average import prices attained the peak figure at $7,440 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($6,494 per ton), while the price for the Netherlands ($2,192 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.0%), while the prices for the other major suppliers experienced a decline.

Price for Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (FOB) - 2022

In 2022, the average export price for mollusc preparations; mussels, prepared or preserveds amounted to $4,909 per ton, standing approx. at the previous year. Overall, the export price faced a deep contraction. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum at $6,936 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2019 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -31.9% per year.

Imports of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco

In 2022, the amount of mollusc preparations; mussels, prepared or preserveds imported into Morocco was estimated at 97 tons, surging by 14% on the previous year. The total import volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; mussels, prepared or preserveds reached $344K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain96.017220323735.2%
Chile68.811.864.764.8-2.0%
China29.022.825.427.9-1.3%
Netherlands6.15.34.53.1-20.2%
Others5.75.112.911.325.6%
Total20621731034418.6%

Top Suppliers of Mollusc Preparations; Mussels, Prepared or Preserved to Morocco in 2022:

  1. Spain (73.3 tons)
  2. China (11.1 tons)
  3. Chile (10.0 tons)
  4. Netherlands (1.4 tons)

Exports of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco

In 2022, after two years of decline, there was decline in shipments abroad of mollusc preparations; mussels, prepared or preserveds, when their volume decreased by 0% to 22 kg. Overall, exports faced a precipitous setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of mollusc preparations; mussels, prepared or preserveds totaled $108 in 2022. In general, exports recorded a significant decrease. The smallest decline of 99.9% was in 2020.

Export of Mollusc Preparations; Mussels, Prepared or Preserved in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire0.4N/AN/A0.1-37.0%
Spain4.8N/AN/AN/A0%
Belgium1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.0N/AN/A0.1-75.7%

Top Export Markets for Mollusc Preparations; Mussels, Prepared or Preserved from Morocco in 2022:

  1. Cote d'Ivoire (22.0 kg)

Source: IndexBox Market Intelligence Platform

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