Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco - 2023

Contents:

1. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco (CIF) - 2022
2. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco (FOB) - 2022
3. Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco
4. Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco (CIF) - 2022

The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,959 per ton in 2022, declining by -25.3% against the previous year. Over the period under review, the import price showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39%. As a result, import price attained the peak level of $2,623 per ton, and then contracted dramatically in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.8% per year.

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco (FOB) - 2022

The average export price for offal, edible; of swine, (other than livers), frozen stood at $5,525 per ton in 2022, with an increase of 8% against the previous year. Overall, the export price, however, showed a drastic downturn. The export price peaked at $7,268 per ton in 2020; however, from 2021 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 2020 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -8.2% per year.

Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco

For the third year in a row, Morocco recorded growth in overseas purchases of offal, edible; of swine, (other than livers), frozen, which increased by 82% to 7.3 tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,084% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of offal, edible; of swine, (other than livers), frozen soared to $14K in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,545% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Morocco in 2022:

1. Spain (7.3 tons)

Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Morocco

In 2022, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -40.3% to 120 kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 390%. As a result, the exports reached the peak of 201 kg, and then contracted rapidly in the following year.

In value terms, exports of offal, edible; of swine, (other than livers), frozen contracted sharply to $663 in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 245% against the previous year. As a result, the exports reached the peak of $1K, and then contracted remarkably in the following year.

Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Morocco in 2022:

1. Cote d'Ivoire (119.0 kg)

Source: IndexBox Market Intelligence Platform