Price for Soya Beans; Seed, Whether or Not Broken in Morocco - 2022

Contents:

  1. Price for Soya Beans; Seed, Whether or Not Broken in Morocco (CIF) - 2022
  2. Imports of Soya Beans; Seed, Whether or Not Broken in Morocco

Price for Soya Beans; Seed, Whether or Not Broken in Morocco (CIF) - 2022

In 2022, the average import price for soya beans; seed, whether or not brokens amounted to $16,000 per ton, with an increase of 382% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Benin amounted to +77.3% per year.

Imports of Soya Beans; Seed, Whether or Not Broken in Morocco

For the third consecutive year, Morocco recorded decline in overseas purchases of soya beans; seed, whether or not brokens, which decreased by -99.9% to 5 kg in 2022. In general, imports saw a precipitous decline. The smallest decline of -51.4% was in 2020.

In value terms, imports of soya beans; seed, whether or not brokens contracted remarkably to $80 in 2022. Over the period under review, imports faced a dramatic downturn. The smallest decline of -25.7% was in 2020.

Import of Soya Beans; Seed, Whether or Not Broken in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A0.10%
Spain18.36.316.3N/A-5.6%
United States7.9N/AN/AN/A0%
FranceN/A45.7N/AN/A0%
Canada77.627.4N/AN/A-64.7%
Turkey3.1N/AN/AN/A0%
OthersN/AN/A2.3N/A0%
Total10779.418.60.1-90.2%

Top Suppliers of Soya Beans; Seed, Whether or Not Broken to Morocco in 2022:

  1. Italy (5.0 kg)

Source: IndexBox Market Intelligence Platform

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