Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco - 2023

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (CIF) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (CIF) - 2022

The average import price for cheese, blue-veined (not grated, powdered or processed) stood at $9,697 per ton in 2022, which is down by -9.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $12,686 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 France ($13,083 per ton), while the price for Germany ($6,810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (FOB) - 2022

The average export price for cheese, blue-veined (not grated, powdered or processed) stood at $12,762 per ton in 2022, with an increase of 17% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2013 an increase of 55% against the previous year. The export price peaked at $13,615 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($144,769 per ton), while the average price for exports to Mauritania stood at $5,032 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco

In 2022, imports of cheese, blue-veined (not grated, powdered or processed) into Morocco skyrocketed to 101 tons, growing by 36% compared with the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) skyrocketed to $979K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France34428350450113.4%
Germany17913620326213.5%
Denmark32.111.629.473.331.7%
Italy49.717.423.473.113.7%
Netherlands61.435.226.067.73.3%
Others3.74.47.61.7-22.8%
Total66948879397913.5%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Morocco in 2022:

  1. Germany (38.5 tons)
  2. France (38.3 tons)
  3. Denmark (9.4 tons)
  4. Netherlands (7.8 tons)
  5. Italy (6.9 tons)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) exported from Morocco fell significantly to 235 kg, with a decrease of -41.8% against the previous year's figure. In general, exports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 245%. As a result, the exports attained the peak of 404 kg, and then reduced rapidly in the following year.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) reduced markedly to $3K in 2022. Over the period under review, exports, however, saw a notable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 177%. As a result, the exports reached the peak of $4.4K, and then shrank sharply in the following year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.51.12.61.98.2%
Mauritania1.30.51.81.1-5.4%
OthersN/AN/AN/AN/A0%
Total2.81.64.43.02.3%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Morocco in 2022:

  1. Mauritania (222.0 kg)
  2. Russia (13.0 kg)

Source: IndexBox Market Intelligence Platform

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