Price for Citrus Fruits Not Elsewhere Classified in Morocco - 2022
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in Morocco (FOB) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in Morocco (CIF) - 2022
- Exports of Citrus Fruits Not Elsewhere Classified in Morocco
- Imports of Citrus Fruits Not Elsewhere Classified in Morocco
Price for Citrus Fruits Not Elsewhere Classified in Morocco (FOB) - 2022
The average export price for citrus fruits not elsewhere classified stood at $5,482 per ton in 2022, increasing by 972% against the previous year. Overall, the export price posted a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Mali amounted to +7.6% per year.
Price for Citrus Fruits Not Elsewhere Classified in Morocco (CIF) - 2022
The average import price for citrus fruits not elsewhere classified stood at $5,057 per ton in 2022, increasing by 7.6% against the previous year. Overall, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 116% against the previous year. The import price peaked at $12,846 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Egypt ($5,473 per ton), while the price for Spain stood at $1,299 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%).
Exports of Citrus Fruits Not Elsewhere Classified in Morocco
In 2022, after three years of growth, there was significant decline in overseas shipments of citrus fruits not elsewhere classified, when their volume decreased by -86.7% to 4.1 tons. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 10%.
In value terms, citrus fruits not elsewhere classified exports surged to $22K in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Citrus Fruits Not Elsewhere Classified in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 0.1 | 0.1 | 22.3 | 1393.3% |
Germany | 1.6 | 1.3 | 0.8 | N/A | -29.3% |
France | 0.7 | 1.9 | 2.6 | N/A | 92.7% |
Saudi Arabia | 10.9 | 9.0 | 5.9 | N/A | -26.4% |
Others | 6.1 | 5.1 | 6.3 | N/A | 1.6% |
Total | 19.4 | 17.4 | 15.6 | 22.3 | 4.8% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from Morocco in 2022:
- Netherlands (4.1 tons)
Imports of Citrus Fruits Not Elsewhere Classified in Morocco
After three years of growth, overseas purchases of citrus fruits not elsewhere classified decreased by -36% to 786 kg in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 3,750%.
In value terms, citrus fruits not elsewhere classified imports fell notably to $4K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 2,800%.
Import of Citrus Fruits Not Elsewhere Classified in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | N/A | 0.6 | 5.5 | 3.9 | 155.0% |
Spain | N/A | 1.6 | 0.2 | 0.1 | -75.0% |
Somalia | N/A | N/A | 0.1 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.1 | 2.2 | 5.8 | 4.0 | 242.0% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to Morocco in 2022:
- Egypt (706.0 kg)
- Spain (77.0 kg)
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