Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (FOB) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (CIF) - 2023
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (FOB) - 2022
In 2022, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $250 per ton, reducing by -6.6% against the previous year. Over the period under review, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19%. The export price peaked at $405 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($476 per ton), while the average price for exports to Senegal ($184 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 Burkina Faso (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (CIF) - 2023
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $516 per ton in June 2023, picking up by 1.9% against the previous month. Over the period under review, the import price, however, recorded a pronounced contraction. The growth pace was the most rapid in January 2023 when the average import price increased by 31% m-o-m. Over the period under review, average import prices reached the peak figure at $694 per ton in November 2022; however, from December 2022 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From October 2022 to June 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.8% per month.
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco
In 2022, the amount of vegetables; potatoes (other than seed), fresh or chilleds exported from Morocco surged to 53K tons, increasing by 30% on 2021. In general, exports, however, recorded a deep reduction.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $13M in 2022. Over the period under review, exports, however, showed a deep contraction.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 5.0 | 1.9 | 3.2 | 3.4 | -12.1% |
| Mali | 2.5 | 1.9 | 2.8 | 3.0 | 6.3% |
| Burkina Faso | 0.6 | 0.4 | 1.3 | 2.0 | 49.4% |
| Spain | 7.9 | 2.3 | 1.0 | 2.0 | -36.7% |
| Netherlands | 1.4 | 1.3 | 1.0 | 0.9 | -13.7% |
| Portugal | 0.6 | 0.2 | 0.4 | 0.4 | -12.6% |
| Senegal | 1.0 | 0.1 | 0.1 | 0.3 | -33.1% |
| Niger | 0.4 | 0.5 | 0.5 | 0.3 | -9.1% |
| France | 2.3 | 0.8 | 0.3 | 0.2 | -55.7% |
| Cote d'Ivoire | 0.9 | 0.1 | 0.1 | 0.1 | -51.9% |
| Others | 1.9 | 0.8 | 0.3 | 0.7 | -28.3% |
| Total | 24.5 | 10.3 | 11.0 | 13.3 | -18.4% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Morocco in 2022:
- Mauritania (17.2K tons)
- Mali (16.3K tons)
- Burkina Faso (5.4K tons)
- Spain (5.2K tons)
- Netherlands (2.1K tons)
- Niger (1.7K tons)
- Senegal (1.5K tons)
- Portugal (1.2K tons)
- Cote d'Ivoire (0.6K tons)
- France (0.4K tons)
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco
In 2022, after three years of growth, there was significant decline in overseas purchases of vegetables; potatoes (other than seed), fresh or chilleds, when their volume decreased by -52.4% to 414 tons. In general, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 127%.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds declined sharply to $134K in 2022. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 139%. As a result, imports reached the peak of $409K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.5 | 13.7 | 87.6 | 102 | 488.7% |
| Netherlands | N/A | 53.4 | 22.4 | 25.6 | -30.8% |
| Spain | 25.6 | 77.6 | 13.9 | 5.8 | -39.0% |
| Belgium | 122 | N/A | 88.7 | N/A | -14.7% |
| United States | 23.4 | 237 | N/A | N/A | 912.8% |
| Others | N/A | 27.4 | 8.7 | N/A | -68.2% |
| Total | 171 | 409 | 221 | 134 | -7.8% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Morocco in 2022:
- France (269.3 tons)
- Netherlands (124.8 tons)
- Spain (20.2 tons)
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