Cereals; Millet, Seed Price in Morocco - 2022
Contents:
Cereals; Millet, Seed Price in Morocco (CIF) - 2022
The average cereals; millet, seed import price stood at $421 per ton in 2022, increasing by 47% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. As a result, import price reached 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.2% per year.
Cereals; Millet, Seed Imports in Morocco
In 2022, the amount of cereals; millet, seeds imported into Morocco soared to 173 tons, increasing by 260% against the year before. Over the period under review, imports, however, recorded a dramatic shrinkage.
In value terms, cereals; millet, seed imports surged to $73K in 2022. In general, imports, however, recorded a deep slump.
| Import of Cereals; Millet, Seed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 134 | 302 | 13.7 | 72.8 | -18.4% |
| Others | 2.2 | 1.5 | N/A | N/A | -31.8% |
| Total | 136 | 304 | 13.7 | 72.8 | -18.8% |
Top Suppliers of Cereals; Millet, Seed to Morocco in 2022:
- India (172.8 tons)
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