Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (FOB) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (CIF) - 2022
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (FOB) - 2023
In June 2023, the average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen amounted to $1,310 per ton, declining by -2.7% against the previous month. In general, the export price, however, recorded a strong increase. The pace of growth was the most pronounced in October 2022 an increase of 145% m-o-m. The export price peaked at $1,346 per ton in May 2023, and then fell slightly in the following month.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were France ($1,576 per ton) and Spain ($1,299 per ton), while the average price for exports to the Netherlands ($1,212 per ton) and Germany ($1,290 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (CIF) - 2022
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,384 per ton in 2022, shrinking by -6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 when the average import price increased by 16% against the previous year. The import price peaked at $1,477 per ton in 2021, and then dropped 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 Egypt ($1,994 per ton), while the price for China ($1,156 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco
Exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen from Morocco declined remarkably to 2.1K tons in 2022, shrinking by -49.8% against the previous year. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen declined dramatically to $1.3M in 2022. Overall, exports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 131%.
| Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.5 | 1.8 | 2,000 | 486 | 259.0% |
| Portugal | N/A | N/A | 53.8 | 260 | 383.3% |
| France | 615 | 276 | 589 | 258 | -25.1% |
| Germany | 2,003 | 1.5 | 81.7 | 147 | -58.1% |
| Netherlands | 733 | 275 | 89.1 | 69.0 | -54.5% |
| Mauritania | 221 | 227 | 130 | 6.6 | -69.0% |
| Russia | 213 | N/A | 9.2 | N/A | -79.2% |
| Tunisia | 111 | 133 | N/A | N/A | 19.8% |
| Egypt | N/A | 313 | N/A | N/A | 0% |
| Others | 412 | 97.9 | 106 | 78.8 | -42.4% |
| Total | 4,318 | 1,325 | 3,058 | 1,304 | -32.9% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from Morocco in 2022:
- Spain (900.8 tons)
- Portugal (538.5 tons)
- France (366.8 tons)
- Germany (145.9 tons)
- Netherlands (46.9 tons)
- Mauritania (28.6 tons)
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco
In 2022, the amount of vegetables (uncooked or cooked by steaming or boiling in water); frozen imported into Morocco skyrocketed to 748 tons, rising by 26% on 2021 figures. In general, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen surged to $1M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 281 | 262 | 443 | 506 | 21.7% |
| Spain | 268 | 215 | 140 | 294 | 3.1% |
| France | 38.9 | 87.0 | 76.9 | 113 | 42.7% |
| Egypt | 88.7 | 30.2 | 112 | 71.8 | -6.8% |
| China | 5.8 | 2.8 | 5.1 | 17.6 | 44.8% |
| Others | 111 | 59.6 | 101 | 31.8 | -34.1% |
| Total | 793 | 656 | 878 | 1,035 | 9.3% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to Morocco in 2022:
- Belgium (399.1 tons)
- Spain (213.1 tons)
- France (68.8 tons)
- Egypt (36.0 tons)
- China (15.3 tons)
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