Morocco - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in Morocco - 2022
Contents:
- Shelled Hazelnut Price in Morocco (CIF) - 2022
- Shelled Hazelnut Price in Morocco (FOB) - 2022
- Shelled Hazelnut Imports in Morocco
- Shelled Hazelnut Exports in Morocco
Shelled Hazelnut Price in Morocco (CIF) - 2022
The average shelled hazelnut import price stood at $6,795 per ton in December 2022, with an increase of 19% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 an increase of 22% against the previous month. The import price peaked at $8,187 per ton in June 2022; however, from July 2022 to December 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the country with the highest price was Turkey ($6,809 per ton), while the price for Spain amounted to $5,239 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.2%), while the prices for the other major suppliers experienced a decline.
Shelled Hazelnut Price in Morocco (FOB) - 2022
In 2022, the average shelled hazelnut export price amounted to $5,233 per ton, shrinking by -5.9% against the previous year. Overall, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 a decrease of -3.4%. The export price peaked at $5,756 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2020 to 2022, the rate of growth in terms of prices for Niger amounted to -1.0% per year.
Shelled Hazelnut Imports in Morocco
For the fourth year in a row, Morocco recorded growth in purchases abroad of shelled hazelnuts, which increased by 5.5% to 647 tons in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 117% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, shelled hazelnut imports dropped modestly to $4.4M in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 146%. As a result, imports reached the peak of $4.5M, leveling off in the following year.
| Import of Shelled Hazelnut in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 370 | 1,119 | 3,686 | 4,164 | 124.1% |
| Spain | 113 | 351 | 278 | 133 | 5.6% |
| Italy | 277 | 160 | 317 | 107 | -27.2% |
| Others | 26.1 | 181 | 183 | 29.3 | 3.9% |
| Total | 786 | 1,812 | 4,465 | 4,434 | 78.0% |
Top Suppliers of Shelled Hazelnut to Morocco in 2022:
- Turkey (605.1 tons)
- Spain (22.2 tons)
- Italy (16.3 tons)
Shelled Hazelnut Exports in Morocco
Shelled hazelnut exports from Morocco declined markedly to 30 kg in 2022, which is down by -94.5% on 2021 figures. Over the period under review, exports showed a sharp reduction. The smallest decline of -89% was in 2021.
In value terms, shelled hazelnut exports shrank remarkably to $157 in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -89.4% was in 2021.
| Export of Shelled Hazelnut in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Niger | N/A | 2.5 | 0.2 | -92.0% | |
| Spain | 27.9 | N/A | N/A | 0% | |
| Cote d'Ivoire | 0.4 | 0.4 | N/A | 0.0% | |
| Others | 0.5 | 0.2 | N/A | -60.0% | |
| Total | 28.8 | 3.1 | 0.2 | -91.7% | |
Top Export Markets for Shelled Hazelnut from Morocco in 2022:
- Niger (30.0 kg)
This report provides an in-depth analysis of the shelled hazelnut 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:
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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