Price for Wine; Still, in Containers Holding More than 2 Litres in Morocco - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Morocco (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Morocco (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Morocco
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Morocco
Price for Wine; Still, in Containers Holding More than 2 Litres in Morocco (CIF) - 2023
In June 2023, the average import price for wine; still, in containers holding more than 2 litreses amounted to $664 per thousand litres, rising by 9.3% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 35% against the previous month. The import price peaked at $725 per thousand litres in February 2023; however, from March 2023 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 Spain.
From June 2022 to June 2023, the rate of growth in terms of prices for Spain amounted to +0.5% per month.
Price for Wine; Still, in Containers Holding More than 2 Litres in Morocco (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.2 per litre, which is down by -13.4% against the previous year. Overall, the export price recorded a slight curtailment. The pace of growth was the most pronounced in 2018 an increase of 66%. Over the period under review, the average export prices hit record highs at $1.5 per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1.1 per litre), while the average price for exports to Senegal totaled $1 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+68.4%), while the prices for the other major destinations experienced a decline.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Morocco
In 2022, approx. 28M litres of wine; still, in containers holding more than 2 litreses were imported into Morocco; rising by 147% against 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wine; still, in containers holding more than 2 litreses surged to $12M in 2022. Over the period under review, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.9 | 9.2 | 5.5 | 11.7 | 14.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 8.0 | 9.2 | 5.6 | 11.7 | 13.5% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Morocco in 2022:
- Spain (28.3M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Morocco
In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses increased by 21% to 2M litres for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports of hit record highs at 3.8M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wine; still, in containers holding more than 2 litreses rose slightly to $2.3M in 2022. In general, exports, however, faced a sharp decrease. Over the period under review, the exports of reached the maximum at $4.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.6 | 3.7 | 2.2 | 2.2 | -21.8% |
| Senegal | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 4.8 | 3.8 | 2.2 | 2.3 | -21.7% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Morocco in 2022:
- France (1920.9K litres)
- Senegal (48.0K litres)
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