Morocco - Cherries and Sour Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Cherry and Sour Cherry in Morocco - 2022
Contents:
- Price for Cherry and Sour Cherry in Morocco (FOB) - 2022
- Price for Cherry and Sour Cherry in Morocco (CIF) - 2022
- Exports of Cherry and Sour Cherry in Morocco
- Imports of Cherry and Sour Cherry in Morocco
Price for Cherry and Sour Cherry in Morocco (FOB) - 2022
In 2022, the average cherry and sour cherry export price amounted to $4,726 per ton, with a decrease of -2.1% against the previous year. Overall, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 390% against the previous year. Over the period under review, the average export prices attained the maximum at $4,829 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($7,368 per ton), while the average price for exports to Mali ($846 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 Mali (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cherry and Sour Cherry in Morocco (CIF) - 2022
In 2022, the average cherry and sour cherry import price amounted to $1,570 per ton, which is down by -12% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $1,834 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1,575 per ton) and Greece ($1,575 per ton), while the price for Chile ($1,548 per ton) and Spain ($1,574 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cherry and Sour Cherry in Morocco
In 2022, the amount of cherries and sour cherries exported from Morocco surged to 28 tons, increasing by 42% on 2021 figures. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 338% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, cherry and sour cherry exports surged to $133K in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 896% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Cherry and Sour Cherry in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 5.2 | N/A | 48.8 | 49.6 | 112.1% |
| Saudi Arabia | 0.8 | N/A | 37.1 | 34.4 | 250.3% |
| United Arab Emirates | 6.5 | 6.5 | N/A | 30.9 | 68.1% |
| Mauritania | N/A | 1.4 | 2.5 | 5.6 | 100.0% |
| Nigeria | N/A | N/A | 1.3 | 3.7 | 184.6% |
| Mali | 0.1 | 0.1 | N/A | 0.8 | 100.0% |
| Senegal | 0.6 | N/A | 0.4 | 0.8 | 10.1% |
| Bahrain | N/A | N/A | 3.9 | N/A | 0% |
| Others | 1.5 | 1.6 | 1.9 | 7.2 | 68.7% |
| Total | 14.7 | 9.6 | 95.9 | 133 | 108.4% |
Top Export Markets for Cherry and Sour Cherry from Morocco in 2022:
- Saudi Arabia (7.2 tons)
- Qatar (6.7 tons)
- Mauritania (5.8 tons)
- United Arab Emirates (4.6 tons)
- Nigeria (1.0 tons)
- Mali (0.9 tons)
- Senegal (0.8 tons)
Imports of Cherry and Sour Cherry in Morocco
In 2022, approx. 15 tons of cherries and sour cherries were imported into Morocco; with a decrease of -35.4% compared with 2021. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of 24 tons, and then fell markedly in the following year.
In value terms, cherry and sour cherry imports declined significantly to $24K in 2022. Overall, imports showed a mild decline. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. As a result, imports reached the peak of $43K, and then declined notably in the following year.
| Import of Cherry and Sour Cherry in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 1.2 | 7.4 | 11.8 | 8.1 | 89.0% |
| Spain | 4.4 | 5.2 | 16.1 | 5.2 | 5.7% |
| Chile | 5.8 | 1.9 | 6.6 | 4.3 | -9.5% |
| Canada | 1.2 | 0.3 | 1.1 | 2.5 | 27.7% |
| Argentina | 4.7 | 7.7 | 6.3 | 1.5 | -31.7% |
| Belgium | 2.7 | N/A | N/A | 1.0 | -28.2% |
| United States | 3.1 | 0.5 | 0.6 | 0.9 | -33.8% |
| Turkey | 1.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.6 | 0.1 | 0.7 | 8.0% |
| Total | 25.1 | 23.7 | 42.7 | 24.3 | -1.1% |
Top Suppliers of Cherry and Sour Cherry to Morocco in 2022:
- Greece (5.2 tons)
- Spain (3.3 tons)
- Chile (2.7 tons)
- Canada (1.6 tons)
- Argentina (0.9 tons)
- United States (0.6 tons)
- Belgium (0.6 tons)
This report provides an in-depth analysis of the market for cherry and sour cherry in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 530 - Sour cherries
- FCL 531 - Cherries
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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