Preserved Sauerkraut Price in Morocco - 2022
Contents:
- Preserved Sauerkraut Price in Morocco (FOB) - 2022
- Preserved Sauerkraut Price in Morocco (CIF) - 2022
- Preserved Sauerkraut Exports in Morocco
- Preserved Sauerkraut Imports in Morocco
Preserved Sauerkraut Price in Morocco (FOB) - 2022
The average preserved sauerkraut export price stood at $1,911 per ton in December 2022, surging by 5.8% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices hit record highs at $1,956 per ton in July 2022; however, from August 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was France ($2,141 per ton), while the average price for exports to Belgium ($1,085 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Price in Morocco (CIF) - 2022
In December 2022, the average preserved sauerkraut import price amounted to $2,526 per ton, rising by 32% against the previous month. Over the period under review, import price indicated a notable expansion from December 2021 to December 2022: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, preserved sauerkraut import price increased by +32.3% against November 2022 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was France ($6,342 per ton), while the price for Jordan ($1,197 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Jordan (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Exports in Morocco
For the fourth consecutive year, Morocco recorded growth in overseas shipments of preserved sauerkraut, which increased by 6% to 4.6K tons in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 42%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, preserved sauerkraut exports totaled $8.1M in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Preserved Sauerkraut in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3,176 | 2,292 | 2,251 | 2,293 | -10.3% |
| Germany | 303 | 264 | 653 | 1,769 | 80.1% |
| Italy | 588 | 766 | 1,399 | 1,240 | 28.2% |
| Poland | 981 | 342 | 1,679 | 1,237 | 8.0% |
| Spain | 308 | 772 | 492 | 469 | 15.0% |
| Belgium | 264 | 361 | 332 | 431 | 17.7% |
| Saudi Arabia | 40.0 | 98.5 | 12.0 | 134 | 49.6% |
| United States | 347 | 149 | 58.0 | 101 | -33.7% |
| Others | 360 | 731 | 708 | 381 | 1.9% |
| Total | 6,366 | 5,775 | 7,583 | 8,054 | 8.2% |
Top Export Markets for Preserved Sauerkraut from Morocco in 2022:
- France (1172.7 tons)
- Germany (939.6 tons)
- Italy (818.0 tons)
- Poland (678.6 tons)
- Spain (319.6 tons)
- Belgium (245.0 tons)
- Saudi Arabia (87.6 tons)
- United States (58.1 tons)
Preserved Sauerkraut Imports in Morocco
In 2022, preserved sauerkraut imports into Morocco surged to 2.5K tons, picking up by 35% against the previous year. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.8% 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 +76.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut imports soared to $4.4M in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Preserved Sauerkraut in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1,076 | 1,231 | 1,592 | 2,532 | 33.0% |
| Spain | 361 | 383 | 421 | 561 | 15.8% |
| Bulgaria | 45.7 | 121 | 69.3 | 236 | 72.8% |
| France | 183 | 225 | 191 | 197 | 2.5% |
| China | 89.3 | 137 | 124 | 193 | 29.3% |
| Netherlands | 96.2 | 48.3 | 110 | 171 | 21.1% |
| Italy | 93.4 | 255 | 193 | 144 | 15.5% |
| Egypt | 87.3 | 52.3 | 93.9 | 66.5 | -8.7% |
| Others | 174 | 103 | 235 | 288 | 18.3% |
| Total | 2,207 | 2,555 | 3,029 | 4,389 | 25.8% |
Top Suppliers of Preserved Sauerkraut to Morocco in 2022:
- Turkey (1514.7 tons)
- Spain (418.6 tons)
- Bulgaria (125.4 tons)
- China (113.2 tons)
- France (69.3 tons)
- Netherlands (57.3 tons)
- Italy (51.7 tons)
- Egypt (51.4 tons)
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