Clementines Price in Morocco - 2022
Contents:
- Clementines Price in Morocco (FOB) - 2022
- Clementines Price in Morocco (CIF) - 2022
- Clementines Exports in Morocco
- Clementines Imports in Morocco
Clementines Price in Morocco (FOB) - 2022
The average clementines export price stood at $913 per ton in 2022, rising by 6.3% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2017 to 2022: its price increased at an average annual rate of +10.7% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clementines export price increased by +68.9% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1,787 per ton), while the average price for exports to Senegal ($391 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Clementines Price in Morocco (CIF) - 2022
The average clementines import price stood at $887 per ton in 2022, falling by -38.9% against the previous year. Overall, the import price, however, showed significant growth. The growth pace was the most rapid in 2021 when the average import price increased by 383% against the previous year. As a result, import price reached the peak level of $1,450 per ton, and then plummeted in the following year.
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 Spain ($1,131 per ton), while the price for Senegal ($246 per ton) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-21.8%).
Clementines Exports in Morocco
In 2022, the amount of fruit, edible exported from Morocco fell markedly to 180K tons, dropping by -38.4% against the previous year's figure. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year.
In value terms, clementines exports plummeted to $165M in 2022. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $252M, and then contracted dramatically in the following year.
Export of Clementines in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 43.0 | 50.1 | 50.8 | 45.0 | 1.5% |
Russia | 81.8 | 55.2 | 61.6 | 35.0 | -24.6% |
France | 22.4 | 19.9 | 25.3 | 33.8 | 14.7% |
United States | 21.0 | 18.1 | 21.6 | 17.1 | -6.6% |
United Kingdom | 6.5 | 7.5 | 9.5 | 9.7 | 14.3% |
Netherlands | 12.6 | 12.0 | 16.6 | 7.6 | -15.5% |
Senegal | 0.1 | 0.2 | N/A | 2.4 | 188.4% |
Others | 60.0 | 52.0 | 66.2 | 14.1 | -38.3% |
Total | 247 | 215 | 252 | 165 | -12.6% |
Top Export Markets for Clementines from Morocco in 2022:
- Russia (74.3K tons)
- France (30.2K tons)
- Canada (25.2K tons)
- United States (12.5K tons)
- United Kingdom (8.4K tons)
- Netherlands (7.1K tons)
- Senegal (6.1K tons)
Clementines Imports in Morocco
In 2022, approx. 269 tons of fruit, edible were imported into Morocco; jumping by 1,157% compared with the previous year. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, clementines imports soared to $238K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Clementines in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Spain | N/A | 15.5 | 211 | 1261.3% | |
Germany | N/A | N/A | 9.5 | 0% | |
Russia | N/A | N/A | 9.5 | 0% | |
Senegal | N/A | N/A | 8.4 | 0% | |
Others | 25.5 | 15.5 | N/A | -39.2% | |
Total | 25.5 | 31.0 | 238 | 205.5% |
Top Suppliers of Clementines to Morocco in 2022:
- Spain (186.6 tons)
- Senegal (34.0 tons)
- Germany (24.1 tons)
- Russia (24.1 tons)
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