Despite the decline in exports, the rise in tomato prices is burning the pockets of Moroccans

Published 2024년 8월 22일

Tridge summary

Tomato prices in Moroccan markets have surged due to inflation, causing a notable 6.8% drop in Moroccan tomato exports to the EU from September 2023 to May 2024. This decline is part of a broader trend, with overall EU tomato imports falling by 5.7% compared to the previous period and 9.6% compared to the past five years' average. However, imports from non-European countries rose by 13.4%. Despite the decrease, Morocco remains the EU's leading tomato supplier, followed by Turkey and Tunisia, with Morocco experiencing the largest export drop among the three.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With tomato prices rising in Moroccan city markets amid a wave of inflation, Moroccan tomato exports to European Union countries have witnessed a significant decline in the recent period. According to data from the European Union Tomato Import Monitoring Bulletin, Moroccan tomato exports to Europe decreased by 6.8% between September 2023 and May 2024, compared to the previous period. The data also showed that tomato imports from European Union countries recorded a decrease of 5.7% compared to the previous campaign and 9.6% compared to the average of the past five years, reaching 1,370,552 tons. While tomato imports from outside Europe increased to 705,482 tons, an increase of 13.4% compared to the average of the past five years, despite a decrease of 5.9% compared to the previous year. Despite this decline, Morocco remains the main supplier of tomatoes to the European Union, exporting 464,052 tons, followed by Turkey with 191,769 tons and Tunisia with 24,286 tons during the ...
Source: Kech24.ua

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