What is the price of oil cake (press cake) per kilogram/pound in Morocco today?
The retail price range for Morocco oil cake (press cake) is between US$ 1.91 and US$ 15.26 per kilogram or between US$ 0.87 and US$ 6.92 per pound(lb). Click here to see today's exact prices of oil cake (press cake) in Morocco
The retail price range in Moroccan Dirham for oil cake (press cake) is between MAD 19.67 and MAD 157.36 per kilogram or between MAD 8.92 and MAD 71.37 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco oil cake (press cake) is between US$ 1.34 and US$ 10.68 per kilogram or between US$ 0.61 and US$ 4.85 per pound(lb).
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Morocco Oil Cake (press Cake) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Oil cake (Press cake) from Morocco over the last five years has been relatively stable. In 2015, the price was 0.09 US $ per kg, followed by 0.08 US $ per kg in 2016. In 2017, the price increased to 0.10 US $ per kg, and then to 0.11 US $ per kg in 2018. The price then rose to 0.12 US $ per kg in 2019 and 0.24 US $ per kg in 2020. The highest price was recorded in 2021, at 0.57 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Oil cake (Press cake) from Morocco in 2023 will be around 0.70 US $ per kg, and in 2024 it will be around 0.85 US $ per kg.Morocco Oil Cake (press Cake) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Oil cake (Press cake) into Morocco has seen a steady increase over the last five years. In 2017, the price was 0.10 US $ per kg, which increased to 0.11 US $ per kg in 2018 and further to 0.12 US $ per kg in 2019. The biggest jump was seen in 2020, when the price rose to 0.24 US $ per kg. This year, 2021, the price has reached 0.57 US $ per kg, which is more than double the price in 2019. This trend indicates that the import price per kilogram of Oil cake (Press cake) into Morocco is likely to continue to increase in the coming years. Based on this trend, it is predicted that the import price per kilogram of Oil cake (Press cake) into Morocco will be 0.70 US $ per kg in 2023 and 0.85 US $ per kg in 2024.Export values for Morocco oil cake (press cake)
The total values in export for oil cake (press cake) in Morocco were US$ 325, US$ 142, US$ 388 and US$ 940 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 oil cake (press cake) in other countries across Africa: Algeria oil cake (press cake), Angola oil cake (press cake), Botswana oil cake (press cake), Burundi oil cake (press cake), Cameroon oil cake (press cake), Cape Verde oil cake (press cake), Central African Republic oil cake (press cake), Comoros oil cake (press cake), DRC Congo oil cake (press cake) & Benin oil cake (press cake).
Morocco oil cake (press cake) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco shipped 7,660 tonnes of oil cake (press cake). In 2019 alone, the interest in Morocco oil cake (press cake) (processed category) has surged, recording a change of 123.128 % compared to the year 2018. Between 2017 and 2019, oil cake (press cake)'s exports increased by 449.5 percent netting the country US$0.94m for the year 2019. Morocco's oil cake (press cake) exports are classified as:
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of cotton seeds (HS code 230610)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of linseed (HS code 230620)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of palm nuts or kernels (HS code 230660)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of coconut or copra (HS code 230650)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of rape or colza seeds (HS code 230640)
- Oil-cake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils from maize "corn" germ (HS code 230670)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (HS code 230400)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of high erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of >= 2% and yielding a solid component of glucosinolates of >= 30 micromoles/g" (HS code 230649)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils (excluding of cotton seeds, linseed, sunflower seeds, rape or colza seeds, coconut or copra, palm nuts or kernels, or from the extraction of soya-bean oil or groundnut oil) (HS code 230690)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of groundnut oil (HS code 230500)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of sunflower seeds (HS code 230630)
- Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content of < 2% and yielding a solid component of glucosinolates of < 30 micromoles/g" (HS code 230641)
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Morocco oil cake (press cake) export values
In 2019, Morocco supplied oil cake (press cake) worth 0.94m USD, a growth of 142.27% from 2018's total oil cake (press cake) export of 0.388m USD. The annual increase in value of Morocco oil cake (press cake) between 2017 to 2018 was 173.239%.
The per year variation in the amount of Morocco's oil cake (press cake) exports between 2017 and 2019 was 449.5 pc in comparison to a variation of 123.128% in the period between 2018 and 2019.
Export markets for Morocco oil cake (press cake) ( in '000$ )
Morocco procured 1,054,231 tonnes of oil cake (press cake) in 2019.