Price for Wine; Still, in Containers Holding 2 Litres or Less in Morocco - 2023

Contents:

  1. Price for Wine; Still, in Containers Holding 2 Litres or Less in Morocco (CIF) - 2023
  2. Price for Wine; Still, in Containers Holding 2 Litres or Less in Morocco (FOB) - 2023
  3. Imports of Wine; Still, in Containers Holding 2 Litres or Less in Morocco
  4. Exports of Wine; Still, in Containers Holding 2 Litres or Less in Morocco

Price for Wine; Still, in Containers Holding 2 Litres or Less in Morocco (CIF) - 2023

The average import price for wine; still, in containers holding 2 litres or lesses stood at $5.5 per litre in June 2023, dropping by -14.4% against the previous month. Over the period under review, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in September 2022 an increase of 58% month-to-month. Over the period under review, average import prices reached the maximum at $7.4 per litre in June 2022; however, from July 2022 to June 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11.7 per litre), while the price for Spain ($2.1 per litre) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.6%), while the prices for the other major suppliers experienced a decline.

Price for Wine; Still, in Containers Holding 2 Litres or Less in Morocco (FOB) - 2023

The average export price for wine; still, in containers holding 2 litres or lesses stood at $6.2 per litre in June 2023, growing by 8.3% against the previous month. Overall, the export price showed a mild increase. The pace of growth appeared the most rapid in December 2022 an increase of 76% month-to-month. Over the period under review, the average export prices reached the peak figure at $11.6 per litre in January 2023; however, from February 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Switzerland ($11.0 per litre), while the average price for exports to the United States ($1.7 per litre) 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 the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine; Still, in Containers Holding 2 Litres or Less in Morocco

After three years of growth, purchases abroad of wine; still, in containers holding 2 litres or lesses decreased by -8.2% to 3.5M litres in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports attained the peak of 3.8M litres, and then contracted in the following year.

In value terms, imports of wine; still, in containers holding 2 litres or lesses contracted to $17M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $18M, and then dropped modestly in the following year.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.810.614.012.713.0%
Spain1.41.52.22.318.0%
Italy0.60.40.30.810.1%
Portugal0.20.50.70.644.2%
United Kingdom1.60.40.10.4-37.0%
Netherlands0.10.10.20.10.0%
Others0.80.30.40.7-4.4%
Total13.613.817.917.48.6%

Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Morocco in 2022:

  1. France (1899.8K litres)
  2. Spain (1167.7K litres)
  3. Portugal (160.8K litres)
  4. Italy (126.1K litres)
  5. United Kingdom (31.6K litres)
  6. Netherlands (28.8K litres)

Exports of Wine; Still, in Containers Holding 2 Litres or Less in Morocco

In 2022, shipments abroad of wine; still, in containers holding 2 litres or lesses was finally on the rise to reach 483K litres after two years of decline. Overall, exports, however, saw a deep slump. The exports peaked at 687K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wine; still, in containers holding 2 litres or lesses soared to $2.9M in 2022. In general, exports, however, showed a precipitous decrease. Over the period under review, the exports of reached the peak figure at $7M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,8401,0047491,066-16.6%
Belgium22116384.6135-15.2%
United States188305113124-13.0%
BrazilN/AN/AN/A48.20%
United Kingdom31.7N/A34.233.92.3%
Netherlands64.919.059.824.8-27.4%
IsraelN/AN/AN/A24.40%
China95.1N/A118N/A11.4%
Others4,5957776261,440-32.1%
Total7,0362,2691,7852,897-25.6%

Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Morocco in 2022:

  1. France (240.5K litres)
  2. Belgium (31.2K litres)
  3. United States (24.8K litres)
  4. Brazil (13.9K litres)
  5. United Kingdom (9.7K litres)
  6. Netherlands (6.3K litres)
  7. Israel (5.7K litres)

Source: IndexBox Market Intelligence Platform

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