Price for Mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable products in Morocco - 2023
Contents:
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (FOB) - 2023
- Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (CIF) - 2022
- Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco
- Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (FOB) - 2023
In June 2023, the average export price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $31,216 per ton, rising by 3.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 9.5% against the previous month. Over the period under review, the average export prices attained the maximum at $31,282 per ton in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($37,621 per ton), while the average price for exports to Italy ($19,719 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (CIF) - 2022
In 2022, the average import price for mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses amounted to $14,159 per ton, declining by -33.7% against the previous year. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of 29%. As a result, import price reached the peak level of $22,333 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($64,333 per ton), while the price for China ($13,132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.9%), while the prices for the other major suppliers experienced a decline.
Exports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco
In 2022, shipments abroad of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses was finally on the rise to reach 814 tons after two years of decline. In general, exports, however, saw a perceptible decrease.
In value terms, exports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses shrank modestly to $23M in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn.
| Export of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.3 | 9.3 | 6.5 | 8.0 | -1.2% |
| United States | 6.3 | 6.1 | 5.4 | 5.4 | -5.0% |
| United Kingdom | 3.5 | 2.2 | 2.9 | 2.6 | -9.4% |
| Spain | 2.7 | 2.3 | 2.0 | 1.7 | -14.3% |
| France | 2.4 | 2.3 | 2.2 | 1.6 | -12.6% |
| Germany | 3.0 | 1.3 | 1.6 | 1.1 | -28.4% |
| Italy | 1.0 | 1.1 | 1.2 | 1.0 | 0.0% |
| India | 0.9 | 1.4 | 0.4 | 0.2 | -39.4% |
| Others | 1.1 | 1.3 | 1.6 | 1.5 | 10.9% |
| Total | 29.2 | 27.3 | 23.8 | 23.0 | -7.6% |
Top Export Markets for Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products from Morocco in 2022:
- Japan (288.0 tons)
- United States (162.0 tons)
- United Kingdom (83.0 tons)
- Spain (70.5 tons)
- France (58.5 tons)
- Italy (47.9 tons)
- Germany (40.2 tons)
- India (5.5 tons)
Imports of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco
In 2022, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses into Morocco fell notably to 38 tons, reducing by -58.5% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 50%. As a result, imports reached the peak of 91 tons, and then shrank significantly in the following year.
In value terms, imports of mucilages and thickeners; agar-agar, whether or not modified, derived from vegetable productses dropped rapidly to $534K in 2022. In general, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports reached the peak of $1.9M, and then shrank notably in the following year.
| Import of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 267 | 392 | 496 | 446 | 18.7% |
| Spain | 385 | 825 | 1,435 | 65.2 | -44.7% |
| France | 146 | 7.5 | 7.9 | 11.6 | -57.0% |
| Germany | 171 | N/A | N/A | 1.9 | -77.7% |
| India | 170 | N/A | 0.4 | 0.2 | -89.4% |
| United States | 257 | N/A | N/A | 0.1 | -92.7% |
| Others | 0.5 | 0.7 | 2.2 | 8.9 | 161.1% |
| Total | 1,397 | 1,225 | 1,941 | 534 | -27.4% |
Top Suppliers of Mucilages and Thickeners; Agar-Agar, Whether or Not Modified, Derived from Vegetable Products to Morocco in 2022:
- China (34.0 tons)
- Spain (3.4 tons)
- France (0.2 tons)
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