What is the price of pyrethrum extracts per kilogram/pound in Morocco today?
The retail price range for Morocco pyrethrum extracts is between US$ 12.77 and US$ 16.70 per kilogram or between US$ 5.79 and US$ 7.57 per pound(lb). Click here to see today's exact prices of pyrethrum extracts in Morocco
The retail price range in Moroccan Dirham for pyrethrum extracts is between MAD 131.68 and MAD 172.19 per kilogram or between MAD 59.72 and MAD 78.09 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco pyrethrum extracts is between US$ 8.94 and US$ 11.69 per kilogram or between US$ 4.05 and US$ 5.30 per pound(lb).
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Morocco Pyrethrum Extracts Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pyrethrum Extracts from Morocco has seen a steady increase over the last five years. In 2017, the price was 52.38 US $ per kg, and in 2021, it had risen to 94.14 US $ per kg. This represents an increase of 79.7% over the five-year period. The highest price was recorded in 2020, when it reached 83.17 US $ per kg. Looking ahead, it is likely that the price will continue to rise, with an estimated price of around 100 US $ per kg for 2023 and 2024.The pyrethrum extracts exports from Morocco are classified as:
- Extracts of pyrethrum and of roots containing rotenone (HS code 130214)
- Vegetable saps and extracts (excluding liquorice, hops and opium) (HS code 130219)
Morocco Pyrethrum Extracts Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pyrethrum Extracts into Morocco has seen a steady increase over the last five years. In 2016, the price was 43.17 US dollars per kilogram, and in 2021, it had risen to 94.14 US dollars per kilogram. This represents an increase of over 116% in the last five years. The highest price was recorded in 2020, when it was 83.17 US dollars per kilogram. This was followed by a slight dip in 2021, when the price was 94.14 US dollars per kilogram. Based on this trend, it is likely that the price of Pyrethrum Extracts into Morocco will continue to increase in the coming years. We can predict that the price in 2023 will be around 105.00 US dollars per kilogram, and in 2024, it will be around 116.00 US dollars per kilogram.Export values for Morocco pyrethrum extracts
The total values in export for pyrethrum extracts in Morocco were US$ 13,813, US$ 19,172, US$ 28,975 and US$ 30,417 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Agro Commodities category in Morocco: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of pyrethrum extracts in other countries across Africa: Algeria pyrethrum extracts, Angola pyrethrum extracts, Botswana pyrethrum extracts, Burundi pyrethrum extracts, Cameroon pyrethrum extracts, Cape Verde pyrethrum extracts, Central African Republic pyrethrum extracts, Comoros pyrethrum extracts, DRC Congo pyrethrum extracts & Benin pyrethrum extracts.
Morocco pyrethrum extracts - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco exported 391 tonnes of pyrethrum extracts. In 2019 alone, the demand for Morocco pyrethrum extracts (agro commodities category) has gone down, changing by -11.136 pc compared to the year 2018. Between 2017 and 2019, pyrethrum extracts' exports increased by 6.83 pc earning the exporter US$30.42m for the year 2019. Morocco's pyrethrum extracts exports are classified as:
- Vegetable saps and extracts (excluding liquorice, hops and opium) (HS code 130219)
- Extracts of pyrethrum and of roots containing rotenone (HS code 130214)
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Morocco pyrethrum extracts export values
In 2019, Morocco supplied pyrethrum extracts costing 30.42m USD, an improvement of 4.99% from 2018's total pyrethrum extracts export of 28.975m USD. The annual increase in value of Morocco pyrethrum extracts between 2017 to 2018 was 51.132 pc.
The yearly change in the quantity of Morocco's pyrethrum extracts exports between 2017 and 2019 was 6.83 per cent in comparison to a variation of -11.136% in the period between 2018 and 2019.
Morocco's share of the world's total pyrethrum extracts' exports in 2019 was 4.8 pc. The country holds number 5 in world exports of pyrethrum extracts.
Export markets for Morocco pyrethrum extracts ( in '000$ )
Morocco's best performing destinations for pyrethrum extracts are France, Denmark, Poland, United Arab Emirates (UAE) and Pakistan.
Import/Export Trends
Morocco is a net exporter of pyrethrum extracts. The annual growth of Morocco pyrethrum extracts in value between 2015 to 2019 was 6%, per annum, while annual growth in quantity for the same period was 6%, per annum.
Morocco brought in 1,988 tonnes of pyrethrum extracts in 2019.
Production
The production of pyrethrum extracts in Morocco was 360 tonnes in 2019 and is projected to change by an average of -0.55%. The country had approximately hectares under pyrethrum extracts cultivation.