Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco - 2022
Contents:
- Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco (FOB) - 2022
- Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco
Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco (FOB) - 2022
In 2022, the average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $59,099 per ton, growing by 48% against the previous year. In general, the export price recorded prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 125%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +17.2% per year.
Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco
In 2022, shipments abroad of aquatic invertebrates; sea cucumbers, prepared or preserveds was finally on the rise to reach 2.7 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds skyrocketed to $158K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 15.3 | 13.6 | 158 | 221.4% |
| Pakistan | 16.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.3 | 15.3 | 13.6 | 158 | 113.2% |
Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Morocco in 2022:
- South Korea (2.7 tons)
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