Price for Crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster) in Morocco - 2023
Contents:
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (CIF) - 2022
- Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (FOB) - 2022
- Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco
- Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (CIF) - 2022
The average import price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s stood at $4,474 per ton in 2022, rising by 25% against the previous year. In general, the import price, however, recorded a deep setback. The growth pace was the most rapid in 2018 when the average import price increased by 236%. The import price peaked at $27,500 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Spain ($21,000 per ton), while the price for Lithuania stood at $4,440 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.9%).
Price for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (FOB) - 2022
In 2022, the average export price for crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s amounted to $5,707 per ton, growing by 5.1% against the previous year. Overall, the export price continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2013 an increase of 116%. As a result, the export price attained the peak level of $11,226 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +0.9% per year.
Imports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco
In 2022, the amount of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s imported into Morocco soared to 5.1 tons, growing by 281% against the previous year. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,013%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s soared to $23K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 22.4 | 0% |
| China | 0.7 | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | 0.2 | N/A | 0% |
| Others | 2.3 | 1.9 | 4.6 | 0.2 | -55.7% |
| Total | 3.0 | 1.9 | 4.7 | 22.6 | 96.0% |
Top Suppliers of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) to Morocco in 2022:
- Lithuania (5.0 tons)
Exports of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco
After three years of growth, overseas shipments of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s decreased by -28.6% to 1.2 tons in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 110%. As a result, the exports attained the peak of 1.7 tons, and then fell markedly in the following year.
In value terms, exports of crustacean preparations; prepared or preserved crustaceans (excluding crab, shrimps, prawns and lobster)s fell dramatically to $7K in 2022. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports attained the peak of $9.3K, and then dropped dramatically in the following year.
| Export of Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2.9 | 4.6 | 0.6 | 6.9 | 33.5% |
| Burkina Faso | N/A | N/A | 8.4 | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 3.0 | 4.7 | 9.3 | 7.0 | 32.6% |
Top Export Markets for Crustacean Preparations; Prepared or Preserved Crustaceans (Excluding Crab, Shrimps, Prawns and Lobster) from Morocco in 2022:
- Spain (1218.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Morocco.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
221
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Morocco.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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