Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco - 2023
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco (CIF) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $748 per ton in 2022, reducing by -7.1% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure at $1,469 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Turkey ($1,848 per ton), while the price for Portugal ($555 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.1%), while the prices for the other major suppliers experienced a decline.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco
In 2022, approx. 97 tons of cereal grains; rolled or flaked, of cereals excluding barley and oatses were imported into Morocco; picking up by 9.9% compared with 2021 figures. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $73K in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 17%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 13.8 | 19.8 | 12.2 | 27.7 | 26.1% |
| Spain | 33.2 | 26.5 | 41.5 | 16.9 | -20.2% |
| Portugal | 1.3 | 0.6 | 3.2 | 13.7 | 119.2% |
| Germany | 7.1 | 4.7 | 4.0 | 4.3 | -15.4% |
| Turkey | 2.8 | 3.3 | 3.9 | 3.8 | 10.7% |
| Others | 3.6 | 5.9 | 6.4 | 6.3 | 20.5% |
| Total | 61.8 | 60.8 | 71.2 | 72.8 | 5.6% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Morocco in 2022:
- France (34.0 tons)
- Spain (26.9 tons)
- Portugal (24.7 tons)
- Germany (6.0 tons)
- Turkey (2.1 tons)
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This report provides an in-depth analysis of the market for flaked or rolled cereal in Morocco.
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This report provides an in-depth analysis of the market for corn flakes and cereal products in Morocco.
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