Price for Cereals; Barley, Other than Seed in Morocco - 2023
Contents:
- Price for Cereals; Barley, Other than Seed in Morocco (CIF) - 2022
- Imports of Cereals; Barley, Other than Seed in Morocco
Price for Cereals; Barley, Other than Seed in Morocco (CIF) - 2022
In 2022, the average import price for cereals; barley, other than seeds amounted to $349 per ton, picking up by 29% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 86%. As a result, import price attained the peak level of $410 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($440 per ton), while the price for Sweden ($187 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cereals; Barley, Other than Seed in Morocco
In 2022, approx. 1.8M tons of cereals; barley, other than seeds were imported into Morocco; growing by 195% compared with the year before. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 489%. As a result, imports reached the peak of 2.3M tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cereals; barley, other than seed imports soared to $627M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cereals; Barley, Other than Seed in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 52.4 | 98.9 | 63.9 | 148 | 41.4% |
Germany | N/A | 29.1 | 11.9 | 80.3 | 66.1% |
Argentina | 14.1 | 20.6 | 12.9 | 36.7 | 37.6% |
United Kingdom | 4.2 | 23.9 | 9.7 | 18.8 | 64.8% |
Russia | 2.7 | 4.5 | 5.2 | 15.5 | 79.1% |
Estonia | N/A | 3.7 | 1.2 | 7.9 | 46.1% |
Ukraine | 6.0 | 21.5 | 6.2 | 6.5 | 2.7% |
Finland | 4.5 | 6.7 | 1.7 | 5.0 | 3.6% |
Poland | 4.0 | 6.7 | 2.1 | 1.5 | -27.9% |
Bulgaria | N/A | 11.0 | N/A | N/A | 0% |
Others | 68.8 | 257 | 50.4 | 307 | 64.6% |
Total | 157 | 484 | 165 | 627 | 58.7% |
Top Suppliers of Cereals; Barley, Other than Seed to Morocco in 2022:
- France (375.9K tons)
- Germany (359.5K tons)
- Argentina (83.3K tons)
- United Kingdom (66.4K tons)
- Russia (45.4K tons)
- Ukraine (26.2K tons)
- Estonia (23.4K tons)
- Finland (22.4K tons)
- Poland (4.2K tons)
This report provides an in-depth analysis of the barley market in Morocco.
This report provides an in-depth analysis of the grain market in Morocco.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in Morocco.
This report provides an in-depth analysis of the global barley market.
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