Cereals; Oats, Seeds Price in Morocco - 2022
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Cereals; Oats, Seeds Price in Morocco (CIF) - 2022
The average cereals; oats, seeds import price stood at $1,236 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2019 an increase of 95% against the previous year. As a result, import price attained the peak level of $1,765 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
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 France ($1,801 per ton), while the price for Spain stood at $1,050 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.2%), while the prices for the other major suppliers experienced a decline.
Cereals; Oats, Seeds Imports in Morocco
Cereals; oats, seeds imports into Morocco soared to 52 tons in 2022, growing by 22% on the previous year's figure. The total import volume increased at an average annual rate of +10.9% 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 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of 53 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; oats, seeds imports skyrocketed to $64K in 2022. Overall, imports, however, recorded a mild reduction.
| Import of Cereals; Oats, Seeds in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 15.5 | 8.3 | 21.5 | 40.3 | 37.5% |
| France | 50.9 | 24.8 | 2.8 | 23.2 | -23.0% |
| Portugal | N/A | 47.3 | 6.8 | N/A | -85.6% |
| Others | 0.4 | 0.4 | 15.6 | 0.3 | -9.1% |
| Total | 66.7 | 80.8 | 46.7 | 63.8 | -1.5% |
Top Suppliers of Cereals; Oats, Seeds to Morocco in 2022:
- Spain (38.4 tons)
- France (12.9 tons)
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