Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco - 2023
Contents:
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (FOB) - 2023
- Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (CIF) - 2022
- Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco
- Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (FOB) - 2023
In June 2023, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,114 per ton, dropping by -12.7% against the previous month. Overall, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in February 2023 an increase of 316% month-to-month. The export price peaked at $1,348 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,380 per ton), while the average price for exports to Mauritania ($233 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (CIF) - 2022
In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,566 per ton, growing by 6.7% against the previous year. Over the period under review, the import price enjoyed a slight expansion. The growth pace was the most rapid in 2019 an increase of 49%. As a result, import price attained the peak level of $1,728 per ton. From 2020 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 Spain ($2,840 per ton), while the price for France ($1,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco
In 2022, exports of vegetables, brassica; brussel sprouts, fresh or chilleds from Morocco surged to 13K tons, increasing by 98% compared with the previous year's figure. In general, exports saw 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 vegetables, brassica; brussel sprouts, fresh or chilleds rose rapidly to $7.7M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.2 | 1.9 | 2.8 | 4.5 | 26.9% |
| United Kingdom | N/A | 0.1 | 0.4 | 1.5 | 287.3% |
| Mauritania | N/A | 0.1 | 0.2 | 1.3 | 260.6% |
| Senegal | N/A | N/A | N/A | 0.3 | 0% |
| Others | 2.7 | 2.4 | 3.3 | N/A | 10.6% |
| Total | 5.0 | 4.5 | 6.8 | 7.7 | 15.5% |
Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Morocco in 2022:
- Mauritania (6.4K tons)
- Netherlands (3.4K tons)
- Senegal (1.8K tons)
- United Kingdom (1.0K tons)
Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco
In 2022, after three years of growth, there was decline in purchases abroad of vegetables, brassica; brussel sprouts, fresh or chilleds, when their volume decreased by -2.4% to 662 kg. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 60%.
In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds reached $1K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 188 | 228 | 211 | 405 | 29.2% |
| Spain | 206 | 231 | 178 | 338 | 17.9% |
| Netherlands | 100 | 95.0 | 107 | 294 | 43.3% |
| Others | 206 | 269 | 499 | N/A | 55.6% |
| Total | 700 | 823 | 995 | 1,037 | 14.0% |
Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Morocco in 2022:
- France (371.0 kg)
- Netherlands (172.0 kg)
- Spain (119.0 kg)
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