Morocco overtakes Spain as an exporter of tomatoes to the EU

Published 2024년 8월 14일

Tridge summary

In the first quarter of 2024, Morocco has overtaken Spain as the leading supplier of tomatoes to the European Union, exporting over 210 million kilos and accounting for more than 30% of the EU's total tomato imports. This represents a significant increase of over 13 million tonnes compared to the same period last year. The value of these exports reached over 363 million euros, up by more than five million euros from the previous year, due to the higher average selling price of Moroccan tomatoes in the EU market. The competitive advantage of Morocco lies in its proximity and ability to produce during the European winter, making it a crucial source of revenue for the North African country.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

For the first time, Morocco has dethroned Spain from its top spot on the list of tomato suppliers to the European Union (EU) in the first quarter of the year. Morocco exported more than 210 million kilos of tomatoes to the EU during the first three months of the year, which exceeds 30% of total European imports of this vegetable, according to the Spanish newspaper La Razón. According to the Spanish publication, these figures reflect an increase of more than 13 million tonnes compared to the same period last year. The turnover of Moroccan tomato exports to European territory recorded an estimated increase of more than five million euros compared to the previous year, reaching a total of more than 363 million euros in the first quarter of 2024. The Spanish newspaper also reports that the average selling price of Moroccan tomatoes was set at 1.73 euros per kilo, leading a large number of Moroccan companies to opt for the European ...

Source: PTvidarural