Prepared Sheep Leather Price in Morocco - 2022
Contents:
- Prepared Sheep Leather Price in Morocco (CIF) - 2022
- Prepared Sheep Leather Price in Morocco (FOB) - 2022
- Prepared Sheep Leather Imports in Morocco
- Prepared Sheep Leather Exports in Morocco
Prepared Sheep Leather Price in Morocco (CIF) - 2022
In December 2022, the average prepared sheep leather import price amounted to $27.0 per square meter, picking up by 70% against the previous month. Overall, the import price continues to indicate tangible growth. The most prominent rate of growth was recorded in August 2022 an increase of 130% against the previous month. The import price peaked at $31.8 per square meter in May 2022; however, from June 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($58.3 per square meter), while the price for India ($14.7 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Sheep Leather Price in Morocco (FOB) - 2022
The average prepared sheep leather export price stood at $10.7 per square meter in December 2022, growing by 13% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2022 when the average export price increased by 53% against the previous month. As a result, the export price reached the peak level of $16.6 per square meter. From February 2022 to December 2022, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($12.4 per square meter), while the average price for exports to France ($8.2 per square meter) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.3%), while the prices for the other major destinations experienced a decline.
Prepared Sheep Leather Imports in Morocco
In 2022, imports of sheep or lamb skin leather, prepared into Morocco surged to 219K square meters, rising by 20% compared with the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, prepared sheep leather imports surged to $4.7M in 2022. In general, imports, however, recorded a noticeable decline. Imports peaked at $5.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Prepared Sheep Leather in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 421 | 522 | 491 | 1,258 | 44.0% |
| Spain | 1,230 | 1,000 | 1,178 | 1,242 | 0.3% |
| Turkey | 1,150 | 670 | 672 | 1,206 | 1.6% |
| Italy | 1,156 | 676 | 483 | 508 | -24.0% |
| India | 4.4 | 44.7 | 0.1 | 179 | 243.9% |
| Portugal | 1,082 | 321 | 385 | 169 | -46.1% |
| Belgium | 34.1 | 22.9 | 14.4 | 15.4 | -23.3% |
| Others | 43.8 | 23.1 | 67.7 | 101 | 32.1% |
| Total | 5,120 | 3,281 | 3,291 | 4,678 | -3.0% |
Top Suppliers of Prepared Sheep Leather to Morocco in 2022:
- Spain (87.5K square meters)
- France (47.3K square meters)
- Turkey (26.1K square meters)
- Italy (24.1K square meters)
- Portugal (12.0K square meters)
- India (11.7K square meters)
- Belgium (5.2K square meters)
Prepared Sheep Leather Exports in Morocco
Prepared sheep leather exports from Morocco shrank slightly to 176K square meters in 2022, declining by -4.6% on the year before. In general, exports saw a significant curtailment. The smallest decline of -1.4% was in 2021. Over the period under review, the exports reached the maximum at 385K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, prepared sheep leather exports contracted to $2.1M in 2022. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. Over the period under review, the exports hit record highs at $4.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Prepared Sheep Leather in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,941 | 944 | 1,041 | 1,020 | -29.7% |
| France | 945 | 817 | 954 | 581 | -15.0% |
| Spain | 86.9 | 70.7 | 384 | 493 | 78.4% |
| Myanmar | 270 | N/A | N/A | N/A | 0% |
| Others | 110 | 97.3 | 11.1 | 9.5 | -55.8% |
| Total | 4,353 | 1,928 | 2,391 | 2,104 | -21.5% |
Top Export Markets for Prepared Sheep Leather from Morocco in 2022:
- Italy (89.7K square meters)
- France (58.1K square meters)
- Spain (28.0K square meters)
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