Curry Price in Morocco - 2022
Contents:
- Curry Price in Morocco (FOB) - 2022
- Curry Price in Morocco (CIF) - 2022
- Curry Exports in Morocco
- Curry Imports in Morocco
Curry Price in Morocco (FOB) - 2022
In 2022, the average curry export price amounted to $781 per ton, declining by -14.2% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 a decrease of -14.2% against the previous year. The export price peaked at $3,708 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to -5.5% per year.
Curry Price in Morocco (CIF) - 2022
The average curry import price stood at $11,182 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 0.2% against the previous year. Over the period under review, average import prices reached the maximum at $11,624 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,939 per ton), while the price for India stood at $9,396 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.8%).
Curry Exports in Morocco
In 2022, the amount of curry exported from Morocco expanded significantly to 45 tons, increasing by 12% compared with 2021 figures. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, curry exports fell slightly to $35K in 2022. Over the period under review, exports, however, recorded a noticeable contraction.
| Export of Curry in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 39.6 | 38.0 | 36.5 | 35.0 | -4.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 39.6 | 38.0 | 36.5 | 35.0 | -4.0% |
Top Export Markets for Curry from Morocco in 2022:
- Togo (44.8 tons)
Curry Imports in Morocco
Curry imports into Morocco rose slightly to 2.6 tons in 2022, increasing by 3.1% against the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 3.1% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, curry imports stood at $29K in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 3.1%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Curry in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 18.2 | 19.3 | 20.4 | 21.5 | 5.7% |
| France | 6.3 | 6.0 | 5.6 | 5.2 | -6.2% |
| Others | 2.1 | 2.2 | 2.3 | 2.5 | 6.0% |
| Total | 26.6 | 27.4 | 28.3 | 29.2 | 3.2% |
Top Suppliers of Curry to Morocco in 2022:
- India (2285.0 kg)
- France (309.0 kg)
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