Flax Yarn Price in Morocco - 2022
Contents:
- Flax Yarn Price in Morocco (CIF) - 2022
- Flax Yarn Price in Morocco (FOB) - 2022
- Flax Yarn Imports in Morocco
- Flax Yarn Exports in Morocco
Flax Yarn Price in Morocco (CIF) - 2022
The average flax yarn import price stood at $21,063 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2019 an increase of 75%. The import price peaked at $21,192 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($47,355 per ton), while the price for China ($6,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Price in Morocco (FOB) - 2022
In 2022, the average flax yarn export price amounted to $10,365 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,935 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($10,411 per ton), while the average price for exports to France totaled $3,746 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.9%).
Flax Yarn Imports in Morocco
Flax yarn imports into Morocco contracted remarkably to 269 kg in 2022, which is down by -26.9% compared with 2021 figures. In general, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year.
In value terms, flax yarn imports declined remarkably to $5.7K in 2022. Overall, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 120% against the previous year.
| Import of Flax Yarn in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 10.1 | 1.8 | 1.8 | 3.4 | -30.4% |
| Egypt | 4.9 | 0.6 | 0.5 | 0.7 | -47.7% |
| Italy | 2.7 | N/A | 0.1 | 0.2 | -58.0% |
| Poland | 0.5 | N/A | 0.1 | 0.2 | -26.3% |
| China | 2.1 | 0.2 | 0.2 | 0.2 | -54.3% |
| Belgium | 1.6 | 0.2 | 0.1 | 0.2 | -50.0% |
| Tunisia | 0.6 | 0.1 | 0.1 | 0.1 | -45.0% |
| Others | 3.6 | 0.5 | 4.9 | 0.8 | -39.4% |
| Total | 26.2 | 3.5 | 7.8 | 5.7 | -39.9% |
Top Suppliers of Flax Yarn to Morocco in 2022:
- Egypt (111.0 kg)
- Bulgaria (93.0 kg)
- China (26.0 kg)
- Belgium (11.0 kg)
- Italy (8.0 kg)
- Poland (8.0 kg)
- Tunisia (4.0 kg)
Flax Yarn Exports in Morocco
In 2022, shipments abroad of flax yarns was finally on the rise to reach 892 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt slump.
In value terms, flax yarn exports rose rapidly to $9.2K in 2022. Over the period under review, exports, however, showed a abrupt descent.
| Export of Flax Yarn in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 12.2 | 10.1 | 8.4 | 9.2 | -9.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 12.2 | 10.1 | 8.4 | 9.2 | -9.0% |
Top Export Markets for Flax Yarn from Morocco in 2022:
- Spain (886.0 kg)
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