Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco - 2023
Contents:
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (CIF) - 2023
- Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (FOB) - 2022
- Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco
- Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (CIF) - 2023
The average import price for cheese, other than blue-veined, grated, powdered or processed stood at $6,177 per ton in June 2023, waning by -7.2% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 7.2% against the previous month. Over the period under review, average import prices reached the peak figure at $6,740 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($8,630 per ton), while the price for Latvia ($4,320 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (FOB) - 2022
In 2022, the average export price for cheese, other than blue-veined, grated, powdered or processed amounted to $7,603 per ton, growing by 31% against the previous year. Overall, the export price saw a temperate increase. The growth pace was the most rapid in 2016 when the average export price increased by 81%. Over the period under review, the average export prices attained the peak figure at $10,591 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($14,180 per ton), while the average price for exports to Mauritania ($2,984 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+55.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco
In 2022, after three years of growth, there was significant decline in purchases abroad of cheese, other than blue-veined, grated, powdered or processed, when their volume decreased by -6.8% to 21K tons. The total import volume increased at an average annual rate of +7.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 24%.
In value terms, imports of cheese, other than blue-veined, grated, powdered or processed amounted to $122M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.6 | 46.8 | 56.6 | 61.7 | 32.4% |
| France | 9.4 | 9.3 | 13.0 | 13.4 | 12.5% |
| Austria | 11.6 | 16.1 | 17.5 | 12.6 | 2.8% |
| Ireland | 13.4 | 10.0 | 9.2 | 9.9 | -9.6% |
| United Kingdom | 1.5 | 1.0 | 3.5 | 4.6 | 45.3% |
| Latvia | 1.1 | 3.3 | 3.0 | 3.5 | 47.1% |
| Germany | 4.8 | 7.0 | 5.8 | 3.2 | -12.6% |
| New Zealand | 3.8 | 1.6 | 2.4 | 2.3 | -15.4% |
| Others | 4.7 | 6.2 | 6.2 | 10.4 | 30.3% |
| Total | 76.9 | 101 | 117 | 122 | 16.6% |
Top Suppliers of Cheese, Other than Blue-Veined, Grated, Powdered or Processed to Morocco in 2022:
- Netherlands (11.0K tons)
- Austria (2.3K tons)
- France (1.9K tons)
- Ireland (1.9K tons)
- United Kingdom (0.9K tons)
- Latvia (0.6K tons)
- Germany (0.6K tons)
- New Zealand (0.4K tons)
Exports of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco
Exports of cheese, other than blue-veined, grated, powdered or processed from Morocco soared to 69 tons in 2022, picking up by 1,751% against the year before. Overall, exports enjoyed 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 cheese, other than blue-veined, grated, powdered or processed surged to $522K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cheese, Other than Blue-Veined, Grated, Powdered or Processed in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 77.6 | 0% |
| United States | N/A | N/A | N/A | 45.6 | 0% |
| Mauritania | 39.3 | 9.8 | 0.4 | 28.7 | -9.9% |
| France | 2.9 | N/A | 0.1 | 15.4 | 74.5% |
| Niger | N/A | N/A | N/A | 4.7 | 0% |
| Russia | 57.4 | N/A | N/A | 0.1 | -88.0% |
| Oman | N/A | N/A | 20.9 | N/A | 0% |
| Others | 62.5 | 11.3 | 0.2 | 350 | 77.6% |
| Total | 162 | 21.1 | 21.6 | 522 | 47.7% |
Top Export Markets for Cheese, Other than Blue-Veined, Grated, Powdered or Processed from Morocco in 2022:
- Netherlands (21.2 tons)
- United States (11.7 tons)
- Mauritania (9.6 tons)
- France (1.1 tons)
- Niger (1.0 tons)
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