What is the price of agar per kilogram/pound in Morocco today?
The retail price range for Morocco agar is between US$ 8.86 and US$ 13.78 per kilogram or between US$ 4.02 and US$ 6.25 per pound(lb). Click here to see today's exact prices of agar in Morocco
The retail price range in Moroccan Dirham for agar is between MAD 91.31 and MAD 142.04 per kilogram or between MAD 41.41 and MAD 64.41 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco agar is between US$ 6.20 and US$ 9.64 per kilogram or between US$ 2.81 and US$ 4.37 per pound(lb).
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Morocco Agar Export Prices - Historical, Trends and Prediction
The export price per kilogram of Agar from Morocco has seen a steady increase over the last five years. In 2016, the price was 28.28 US dollars per kilogram, and by 2021, it had risen to 31.10 US dollars per kilogram. This represents an increase of 8.7% over the five-year period. Looking ahead, we can predict that the export price of Agar from Morocco will continue to rise, reaching 33.00 US dollars per kilogram in 2023 and 34.50 US dollars per kilogram in 2024.Morocco Agar Import Prices - Historical, Trends and Prediction
The import price per kilogram of Agar into Morocco has been steadily increasing over the past five years. In 2016, the price was 28.28 US dollars per kilogram, and by 2021, it had risen to 31.10 US dollars per kilogram. This represents an increase of 8.7% over the five-year period. Looking ahead, we can expect the price of Agar to continue to rise, with an estimated price of 33.45 US dollars per kilogram in 2023 and 35.60 US dollars per kilogram in 2024.Export values for Morocco agar
The total values in export for agar in Morocco were US$ 26,470, US$ 30,713, US$ 34,034 and US$ 29,241 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Morocco: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of agar in other countries across Africa: Algeria agar, Angola agar, Botswana agar, Burundi agar, Cameroon agar, Cape Verde agar, Central African Republic agar, Comoros agar, DRC Congo agar & Benin agar.
Morocco agar - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco sold 932 tonnes of agar. For 2019 alone, the market for Morocco agar (processed category) has decreased, with a change of -11.575 percent compared to the year 2018. Between 2017 and 2019, agar's exports went down by -8.27% netting Morocco US$29.24m for the year 2019. Morocco's agar exports are categorised as:
- Agar-agar, whether or not modified (HS code 130231)
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Morocco agar export values
In 2019, Morocco supplied agar with a value of 29.24m USD, a reduction of -14.09% from 2018's total agar export of 34.034m USD. The annual reduction in value of Morocco agar between 2017 to 2018 was 10.813 per cent.
The per year change in the quantity of Morocco's agar exports between 2017 and 2019 was -8.27 per cent when compared to a variation of -11.575% in the growth rate between 2018 and 2019.
Morocco's share of the world's total agar's exports in 2019 was less than 1%. The country holds position 71 in world exports of agar.
Export markets for Morocco agar ( in '000$ )
Import/Export Trends
Morocco is a net importer of agar. The annual growth of Morocco agar in value between 2015 to 2019 was -18%, per annum, while annual growth in quantity was 10%, per annum.
Morocco purchased 63 tonnes of agar in 2019.