Price for Frozen Lamb Carcasses and Half-Carcasses in Morocco - 2022
Contents:
- Price for Frozen Lamb Carcasses and Half-Carcasses in Morocco (CIF) - 2022
- Imports of Frozen Lamb Carcasses and Half-Carcasses in Morocco
Price for Frozen Lamb Carcasses and Half-Carcasses in Morocco (CIF) - 2022
The average import price for frozen lamb carcasses and half-carcasseses stood at $8,496 per ton in 2022, dropping by -1.7% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen lamb carcasses and half-carcasses import price decreased by -13.1% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 41% against the previous year. As a result, import price reached the peak level of $9,771 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
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 Spain ($16,282 per ton), while the price for Australia totaled $7,315 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.1%).
Imports of Frozen Lamb Carcasses and Half-Carcasses in Morocco
After three years of growth, overseas purchases of frozen lamb carcasses and half-carcasseses decreased by -9.4% to 6.1 tons in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.1% 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 +81.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year.
In value terms, frozen lamb carcasses and half-carcasses imports dropped to $52K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 39%.
| Import of Frozen Lamb Carcasses and Half-Carcasses in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 24.9 | 35.0 | 45.4 | 39.0 | 16.1% |
| Spain | 8.2 | 10.8 | 13.2 | 13.2 | 17.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 33.0 | 45.8 | 58.6 | 52.2 | 16.5% |
Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to Morocco in 2022:
- Australia (5.3 tons)
- Spain (0.8 tons)
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