Price for Cereal Groats and Meal; of Maize (Corn) in Morocco - 2023
Contents:
- Price for Cereal Groats and Meal; of Maize (Corn) in Morocco (CIF) - 2022
- Price for Cereal Groats and Meal; of Maize (Corn) in Morocco (FOB) - 2022
- Imports of Cereal Groats and Meal; of Maize (Corn) in Morocco
- Exports of Cereal Groats and Meal; of Maize (Corn) in Morocco
Price for Cereal Groats and Meal; of Maize (Corn) in Morocco (CIF) - 2022
In 2022, the average import price for cereal groats and meal; of maize (corn)s amounted to $544 per ton, growing by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $554 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($722 per ton), while the price for Spain stood at $504 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Cereal Groats and Meal; of Maize (Corn) in Morocco (FOB) - 2022
The average export price for cereal groats and meal; of maize (corn)s stood at $617 per ton in 2022, rising by 15% against the previous year. In general, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 492% against the previous year. As a result, the export price reached the peak level of $1,030 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($358 per ton), while the average price for exports to Mauritania totaled $351 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Groats and Meal; of Maize (Corn) in Morocco
In 2022, imports of cereal groats and meal; of maize (corn)s into Morocco declined rapidly to 737 tons, waning by -54.9% on the previous year. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of 1.6K tons, and then contracted remarkably in the following year.
In value terms, imports of cereal groats and meal; of maize (corn)s fell remarkably to $401K in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. As a result, imports reached the peak of $731K, and then fell rapidly in the following year.
Import of Cereal Groats and Meal; of Maize (Corn) in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 174 | 169 | 222 | 313 | 21.6% |
Italy | 34.8 | 25.8 | 76.0 | 81.6 | 32.9% |
India | 6.9 | 10.2 | 30.8 | N/A | 111.3% |
Lebanon | 87.2 | 13.1 | 69.5 | N/A | -10.7% |
Turkey | 27.0 | 34.1 | 56.2 | N/A | 44.3% |
Others | 213 | 183 | 276 | 6.1 | -69.4% |
Total | 544 | 435 | 731 | 401 | -9.7% |
Top Suppliers of Cereal Groats and Meal; of Maize (Corn) to Morocco in 2022:
- Spain (621.3 tons)
- Italy (113.1 tons)
Exports of Cereal Groats and Meal; of Maize (Corn) in Morocco
In 2022, overseas shipments of cereal groats and meal; of maize (corn)s decreased by -4.3% to 25 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2020 with an increase of 109% against the previous year. As a result, the exports reached the peak of 206 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cereal groats and meal; of maize (corn)s expanded notably to $16K in 2022. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 149%. As a result, the exports attained the peak of $132K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Cereal Groats and Meal; of Maize (Corn) in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 5.1 | 6.8 | 6.4 | 5.0 | -0.7% |
Mauritania | 1.6 | 1.6 | 1.1 | 0.5 | -32.1% |
Spain | 21.1 | 62.1 | N/A | N/A | 194.3% |
Nigeria | 4.4 | N/A | N/A | N/A | 0% |
Others | 21.1 | 62.0 | 6.6 | 10.1 | -21.8% |
Total | 53.3 | 132 | 14.1 | 15.5 | -33.7% |
Top Export Markets for Cereal Groats and Meal; of Maize (Corn) from Morocco in 2022:
- Canada (13.9 tons)
- Mauritania (1.4 tons)
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