Frozen Strawberries Price in Morocco - 2022
Contents:
- Frozen Strawberries Price in Morocco (FOB) - 2022
- Frozen Strawberries Price in Morocco (CIF) - 2022
- Frozen Strawberries Exports in Morocco
- Frozen Strawberries Imports in Morocco
Frozen Strawberries Price in Morocco (FOB) - 2022
The average frozen strawberries export price stood at $1,389 per ton in 2022, reducing by -9.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 14%. Over the period under review, the average export prices attained the peak figure at $1,531 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,757 per ton), while the average price for exports to Spain ($966 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Strawberries Price in Morocco (CIF) - 2022
In 2022, the average frozen strawberries import price amounted to $3,649 per ton, which is down by -44% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 287%. As a result, import price reached the peak level of $6,511 per ton, and then dropped significantly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($3,667 per ton), while the price for France stood at $3,646 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.0%), while the prices for the other major suppliers experienced a decline.
Frozen Strawberries Exports in Morocco
In 2022, exports of frozen strawberrieses from Morocco stood at 72K tons, increasing by 9.2% on the previous year's figure. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, frozen strawberries exports shrank slightly to $100M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 9.9% against the previous year. As a result, the exports attained the peak of $106M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Frozen Strawberries in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 25.3 | 23.0 | 26.7 | 23.9 | -1.9% |
France | 12.2 | 13.3 | 14.6 | 18.4 | 14.7% |
Spain | 26.8 | 27.7 | 16.7 | 14.8 | -18.0% |
United States | 8.6 | 5.9 | 7.7 | 10.0 | 5.2% |
Belgium | 11.7 | 14.5 | 12.3 | 7.5 | -13.8% |
Germany | 2.7 | 7.0 | 5.7 | 6.8 | 36.1% |
Japan | 2.0 | 1.5 | 5.2 | 6.1 | 45.0% |
Canada | N/A | 3.6 | 5.7 | 5.8 | 26.9% |
China | 3.5 | 3.2 | 3.4 | 1.7 | -21.4% |
Others | 3.4 | 5.7 | 3.1 | 5.1 | 14.5% |
Total | 96.0 | 106 | 101 | 100 | 1.4% |
Top Export Markets for Frozen Strawberries from Morocco in 2022:
- Spain (15.3K tons)
- Netherlands (15.1K tons)
- France (12.7K tons)
- United States (6.4K tons)
- Belgium (5.7K tons)
- Germany (4.6K tons)
- Canada (4.0K tons)
- Japan (3.5K tons)
- China (1.3K tons)
Frozen Strawberries Imports in Morocco
Frozen strawberries imports into Morocco skyrocketed to 2.1 tons in 2022, surging by 573% compared with 2021 figures. In general, imports, however, faced a precipitous decline.
In value terms, frozen strawberries imports skyrocketed to $7.5K in 2022. Over the period under review, imports, however, saw a significant decrease.
Import of Frozen Strawberries in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 27.5 | 229 | 0.6 | 5.6 | -41.2% |
Egypt | N/A | N/A | N/A | 1.8 | 0% |
Spain | N/A | 71.5 | N/A | N/A | 0% |
Japan | 31.3 | N/A | N/A | N/A | 0% |
Greece | 45.6 | N/A | N/A | N/A | 0% |
Algeria | N/A | 13.3 | N/A | N/A | 0% |
Others | 6.8 | N/A | 1.4 | N/A | -54.6% |
Total | 111 | 314 | 2.0 | 7.5 | -59.3% |
Top Suppliers of Frozen Strawberries to Morocco in 2022:
- France (1544.0 kg)
- Egypt (499.0 kg)
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Global frozen fruit trade expanded to $7.1B in 2021.
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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