Liqueurs and Cordials Price in Morocco - 2022
Contents:
- Liqueurs and Cordials Price in Morocco (CIF) - 2022
- Liqueurs and Cordials Price in Morocco (FOB) - 2022
- Liqueurs and Cordials Imports in Morocco
- Liqueurs and Cordials Exports in Morocco
Liqueurs and Cordials Price in Morocco (CIF) - 2022
In December 2022, the average liqueurs and cordials import price amounted to $4.3 per litre, with a decrease of -30.9% against the previous month. In general, the import price showed a deep reduction. The pace of growth was the most pronounced in May 2022 an increase of 204% against the previous month. The import price peaked at $12.4 per litre in October 2022; however, from November 2022 to December 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was France ($4.6 per litre), while the price for Italy ($4.2 per litre) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the prices for the other major suppliers experienced a decline.
Liqueurs and Cordials Price in Morocco (FOB) - 2022
Morocco has no trade partners to describe.
Liqueurs and Cordials Imports in Morocco
For the fourth consecutive year, Morocco recorded growth in supplies from abroad of liqueurs and cordialses, which increased by 94% to 482K litres in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, liqueurs and cordials imports surged to $3.4M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Liqueurs and Cordials in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.6 | 14.2 | 18.8 | 1,382 | 345.8% |
| Italy | 351 | 380 | 415 | 654 | 23.1% |
| France | 478 | 357 | 438 | 449 | -2.1% |
| Spain | 274 | 244 | 85.3 | 285 | 1.3% |
| Germany | 163 | 316 | 628 | 280 | 19.8% |
| Ireland | 247 | 207 | 226 | 195 | -7.6% |
| Netherlands | 61.0 | 57.3 | 28.6 | 91.5 | 14.5% |
| Others | 185 | 163 | 164 | 26.0 | -48.0% |
| Total | 1,774 | 1,739 | 2,005 | 3,363 | 23.8% |
Top Suppliers of Liqueurs and Cordials to Morocco in 2022:
- Italy (118.4K litres)
- United States (98.1K litres)
- Germany (84.0K litres)
- France (80.3K litres)
- Spain (65.0K litres)
- Ireland (17.9K litres)
- Netherlands (16.3K litres)
Liqueurs and Cordials Exports in Morocco
In 2022, shipments abroad of liqueurs and cordialses decreased by -84.6% to 32 litres, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2020 when exports increased by 7,314%. As a result, the exports reached the peak of 28K litres. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, liqueurs and cordials exports declined markedly to $378 in 2022. In general, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 7,215%. As a result, the exports reached the peak of $116K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Liqueurs and Cordials in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.9 | 58.2 | 0.5 | N/A | -25.5% |
| Israel | 0.7 | 55.2 | 0.5 | N/A | -15.5% |
| Others | 0.1 | 3.0 | N/A | 0.4 | 58.7% |
| Total | 1.6 | 116 | 1.0 | 0.4 | -37.0% |
Top Export Markets for Liqueurs and Cordials from Morocco in 2022:
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