Price for Frozen Concentrated Orange Juice in Morocco - 2022

Contents:

1. Price for Frozen Concentrated Orange Juice in Morocco (FOB) - 2022
2. Price for Frozen Concentrated Orange Juice in Morocco (CIF) - 2022
3. Exports of Frozen Concentrated Orange Juice in Morocco
4. Imports of Frozen Concentrated Orange Juice in Morocco

Price for Frozen Concentrated Orange Juice in Morocco (FOB) - 2022

In 2022, the average frozen concentrated orange juice export price amounted to $1,685 per ton, increasing by 2.7% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen concentrated orange juice export price increased by +71.2% against 2016 indices. The pace of growth appeared the most rapid in 2018 an increase of 25%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($2,523 per ton), while the average price for exports to Italy ($1,353 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 Spain (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Concentrated Orange Juice in Morocco (CIF) - 2022

In 2022, the average frozen concentrated orange juice import price amounted to $2,657 per ton, with an increase of 7.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 32%. Over the period under review, average import prices reached the peak figure at $2,780 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($3,208 per ton), while the price for Brazil amounted to $2,253 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Frozen Concentrated Orange Juice in Morocco

Frozen concentrated orange juice exports from Morocco skyrocketed to 1.2K tons in 2022, rising by 126% on the year before. Overall, exports, however, saw a noticeable slump. The pace of growth was the most pronounced in 2021 when exports increased by 244% against the previous year.

In value terms, frozen concentrated orange juice exports skyrocketed to $2M in 2022. Over the period under review, exports posted temperate growth. The growth pace was the most rapid in 2021 with an increase of 266% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Frozen Concentrated Orange Juice from Morocco in 2022:

1. Netherlands (617.4 tons)
2. France (306.3 tons)
3. Spain (266.0 tons)
4. Italy (25.5 tons)

Imports of Frozen Concentrated Orange Juice in Morocco

In 2022, after two years of decline, there was growth in purchases abroad of frozen concentrated orange juice, when their volume increased by 3.1% to 291 tons. Overall, imports, however, faced a sharp setback.

In value terms, frozen concentrated orange juice imports reached $773K in 2022. Over the period under review, imports, however, saw a dramatic curtailment.

Top Suppliers of Frozen Concentrated Orange Juice to Morocco in 2022:

1. Brazil (167.9 tons)
2. Netherlands (123.0 tons)

Source: IndexBox Market Intelligence Platform