Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco - 2023

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (CIF) - 2022
  2. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,679 per ton in 2022, picking up by 4.4% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $3,020 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2,924 per ton) and Thailand ($2,624 per ton), while the price for Spain ($2,222 per ton) and Italy ($2,455 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning imported into Morocco skyrocketed to 1.6K tons, increasing by 23% against 2021. Overall, imports, however, faced a deep contraction.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $4.3M in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 40%.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand3,0759354851,913-14.6%
Indonesia3671881,14977128.1%
China19595.076068752.2%
Austria1,92171787.1319-45.0%
Spain21.337.738.5209114.1%
Italy1.412158.5198421.0%
Germany10441.791.280.0-8.4%
SingaporeN/A133632N/A375.2%
Others51.912054.112132.6%
Total5,7362,3893,3564,299-9.2%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Morocco in 2022:

  1. Thailand (729.2 tons)
  2. Indonesia (295.7 tons)
  3. China (235.0 tons)
  4. Austria (122.6 tons)
  5. Spain (94.2 tons)
  6. Italy (80.6 tons)
  7. Germany (31.7 tons)

Source: IndexBox Market Intelligence Platform

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