Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco - 2023

Contents:

  1. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (CIF) - 2023
  2. Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (FOB) - 2022
  3. Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco
  4. Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (CIF) - 2023

The average import price for nuts, edible; almonds, fresh or dried, shelleds stood at $4,199 per ton in December 2022, waning by -5.4% against the previous month. In general, the import price continues to indicate a mild downturn. The growth pace was the most rapid in September 2022 when the average import price increased by 1.1% month-to-month. Over the period under review, average import prices attained the maximum at $4,649 per ton in June 2022; however, from July 2022 to December 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From June 2022 to December 2022, the rate of growth in terms of prices for the United States amounted to -1.6% per month.

Price for Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (FOB) - 2022

In 2022, the average export price for nuts, edible; almonds, fresh or dried, shelleds amounted to $6,252 per ton, waning by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, the average export prices hit record highs at $6,722 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($13,326 per ton), while the average price for exports to Spain ($6,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco

After three years of growth, purchases abroad of nuts, edible; almonds, fresh or dried, shelleds decreased by -19.6% to 22K tons in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 221% against the previous year.

In value terms, imports of nuts, edible; almonds, fresh or dried, shelleds contracted significantly to $100M in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 188% against the previous year.

Import of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States29.386.812398.649.9%
Others1.72.52.11.93.8%
Total31.089.312510047.8%

Top Suppliers of Nuts, Edible; Almonds, Fresh or Dried, Shelled to Morocco in 2022:

  1. United States (21.5K tons)

Exports of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco

In 2022, the amount of nuts, edible; almonds, fresh or dried, shelleds exported from Morocco expanded significantly to 355 tons, picking up by 8.8% against the previous year's figure. Overall, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports attained the peak of 498 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nuts, edible; almonds, fresh or dried, shelleds stood at $2.2M in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nuts, Edible; Almonds, Fresh or Dried, Shelled in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark48624339374615.4%
Netherlands27786315358828.5%
Italy28659264444716.1%
Germany1,4671,231956208-47.9%
Spain1.41110.2146370.7%
France4.3N/A2.771.9155.7%
Others1204.66.312.7-52.7%
Total2,6413,0442,1552,220-5.6%

Top Export Markets for Nuts, Edible; Almonds, Fresh or Dried, Shelled from Morocco in 2022:

  1. Denmark (120.0 tons)
  2. Netherlands (96.8 tons)
  3. Italy (72.6 tons)
  4. Germany (34.2 tons)
  5. Spain (24.2 tons)
  6. France (5.4 tons)

Source: IndexBox Market Intelligence Platform

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