Price for Crustacean Preparations; Lobster, Prepared or Preserved in Morocco - 2022
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (CIF) - 2022
In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $17,000 per ton, dropping by -22.2% against the previous year. In general, the import price saw a slight shrinkage. The pace of growth was the most pronounced in 2013 an increase of 109%. Over the period under review, average import prices reached the peak figure at $63,846 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +417.8% per year.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (FOB) - 2022
In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $44,815 per ton, growing by 23% against the previous year. Over the period under review, the export price saw a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +12.2% per year.
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco
In 2022, supplies from abroad of crustacean preparations; lobster, prepared or preserveds decreased by -69.8% to 13 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 155%. As a result, imports reached the peak of 84 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds fell sharply to $221 in 2022. Overall, imports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 165%. As a result, imports attained the peak of $2K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 69.0 | 297 | 573 | 221 | 47.4% |
| Canada | 697 | 1,252 | 319 | N/A | -32.3% |
| Others | N/A | 481 | 48.0 | N/A | -90.0% |
| Total | 766 | 2,030 | 940 | 221 | -33.9% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Morocco in 2022:
- France (13.0 kg)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco
For the third year in a row, Morocco recorded decline in overseas shipments of crustacean preparations; lobster, prepared or preserveds, which decreased by -20.1% to 314 kg in 2022. Overall, exports saw a precipitous descent. The smallest decline of -20% was in 2021.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds fell slightly to $14K in 2022. Over the period under review, exports showed a mild decline.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 14.7 | 14.5 | 14.1 | 14.1 | -1.4% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 14.7 | 14.5 | 14.3 | 14.1 | -1.4% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Morocco in 2022:
- Denmark (313.0 kg)
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