Morocco - Quinoa - Market Analysis, Forecast, Size, Trends and Insights
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View PricingQuinoa Price in Morocco - 2023
Contents:
- Quinoa Price in Morocco (CIF) - 2022
- Quinoa Price in Morocco (FOB) - 2022
- Quinoa Imports in Morocco
- Quinoa Exports in Morocco
Quinoa Price in Morocco (CIF) - 2022
The average quinoa import price stood at $2,434 per ton in 2022, reducing by -7.5% against the previous year. In general, the import price recorded a deep slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 8.5%. The import price peaked at $8,084 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bolivia ($4,825 per ton), while the price for India ($1,862 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+35.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Quinoa Price in Morocco (FOB) - 2022
Morocco has no trade partners to describe.
Quinoa Imports in Morocco
In 2022, the amount of quinoa imported into Morocco skyrocketed to 172 tons, rising by 16% against 2021. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 111% against the previous year. As a result, imports reached the peak of 178 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, quinoa imports expanded remarkably to $418K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 101%. As a result, imports attained the peak of $507K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Quinoa in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 120 | 430 | 272 | 192 | 17.0% |
| India | 5.9 | 2.8 | N/A | 153 | 196.0% |
| Bolivia | 56.0 | 49.8 | 67.2 | 55.8 | -0.1% |
| Spain | 1.5 | 4.1 | 1.5 | 5.8 | 57.0% |
| Ecuador | 47.1 | N/A | N/A | N/A | 0% |
| Others | 22.5 | 20.5 | 48.7 | 11.4 | -20.3% |
| Total | 253 | 507 | 389 | 418 | 18.2% |
Top Suppliers of Quinoa to Morocco in 2022:
- India (82.2 tons)
- Peru (73.5 tons)
- Bolivia (11.6 tons)
- Spain (3.1 tons)
Quinoa Exports in Morocco
In 2022, approx. 873 kg of quinoa were exported from Morocco; increasing by 748% compared with the year before. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 33,141%. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, quinoa exports surged to $3.8K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 8,356%. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Quinoa in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 21.1 | N/A | N/A | 0% |
| Cote d'Ivoire | N/A | N/A | N/A | N/A | 0% |
| Switzerland | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Luxembourg | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.5 | 3.8 | 133.1% |
| Total | 0.3 | 21.6 | 0.7 | 3.8 | 133.1% |
Top Export Markets for Quinoa from Morocco in 2022:
This report provides an in-depth analysis of the quinoa market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 92 - Quinoa
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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