Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (CIF) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (FOB) - 2022
  3. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco
  4. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $3,597 per ton, dropping by -49.8% against the previous year. In general, the import price saw a mild downturn. The pace of growth was the most pronounced in 2014 an increase of 59%. Over the period under review, average import prices attained the maximum at $13,527 per ton in 2016; however, from 2017 to 2022, 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 France ($10,718 per ton), while the price for Thailand ($2,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (FOB) - 2022

In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $2,491 per ton, with an increase of 51% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2017 an increase of 6,413%. As a result, the export price reached the peak level of $26,808 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($3,167 per ton), while the average price for exports to Italy stood at $2,232 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+52.3%).

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco

In 2022, approx. 20 tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were imported into Morocco; increasing by 149% compared with the year before. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 soared to $74K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1.2N/AN/A44.3233.0%
France2.02.43.718.8111.0%
Spain7.011.942.45.4-8.3%
United States4.0N/AN/A1.7-24.8%
BulgariaN/A14.7N/AN/A0%
Germany13.94.44.7N/A-41.9%
Canada6.24.3N/AN/A-30.6%
Others2.13.88.03.518.6%
Total36.341.558.873.726.6%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Morocco in 2022:

  1. Thailand (17.0 tons)
  2. France (1.8 tons)
  3. Spain (1.0 tons)
  4. United States (0.5 tons)

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco

After three years of growth, overseas shipments of nuts, edible; mixtures of nuts or dried fruits of chapter 8 decreased by -98.8% to 715 kg in 2022. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 2,091% against the previous year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 declined rapidly to $1.8K in 2022. Over the period under review, exports showed a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 1,415% against the previous year. As a result, the exports attained the peak of $150K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A1.20%
SenegalN/AN/AN/A0.50%
Mauritania9.614696.9N/A217.7%
Others0.44.10.9N/A50.0%
Total9.915097.81.8-43.3%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Morocco in 2022:

  1. Italy (556.0 kg)
  2. Senegal (156.0 kg)

Source: IndexBox Market Intelligence Platform

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