Price for Cotton; Garnetted Stock Waste in Morocco - 2022
Contents:
- Price for Cotton; Garnetted Stock Waste in Morocco (FOB) - 2022
- Price for Cotton; Garnetted Stock Waste in Morocco (CIF) - 2022
- Exports of Cotton; Garnetted Stock Waste in Morocco
- Imports of Cotton; Garnetted Stock Waste in Morocco
Price for Cotton; Garnetted Stock Waste in Morocco (FOB) - 2022
In 2022, the average cotton; garnetted stock waste export price amounted to $1,518 per ton, surging by 65% against the previous year. Overall, the export price showed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 138% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,521 per ton), while the average price for exports to Spain amounted to $318 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced a decline.
Price for Cotton; Garnetted Stock Waste in Morocco (CIF) - 2022
The average cotton; garnetted stock waste import price stood at $1,721 per ton in 2022, with an increase of 99% against the previous year. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($19,228 per ton), while the price for Spain amounted to $810 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.3%).
Exports of Cotton; Garnetted Stock Waste in Morocco
After three years of growth, overseas shipments of cotton; garnetted stock waste decreased by -74.1% to 28 tons in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 5,986% against the previous year.
In value terms, cotton; garnetted stock waste exports contracted dramatically to $43K in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 5,703% against the previous year.
| Export of Cotton; Garnetted Stock Waste in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 1.1 | 65.6 | 42.7 | 523.0% |
| Tunisia | N/A | 1.6 | 5.1 | N/A | 218.7% |
| Algeria | 0.1 | 2.8 | 10.6 | N/A | 929.6% |
| Turkey | N/A | N/A | 18.8 | N/A | 0% |
| Others | N/A | 1.2 | 0.7 | 0.5 | -35.5% |
| Total | 0.1 | 6.8 | 101 | 43.1 | 655.4% |
Top Export Markets for Cotton; Garnetted Stock Waste from Morocco in 2022:
- Netherlands (28.1 tons)
Imports of Cotton; Garnetted Stock Waste in Morocco
For the third year in a row, Morocco recorded decline in supplies from abroad of cotton; garnetted stock waste, which decreased by -24.1% to 18 tons in 2022. Overall, imports faced a deep setback. The smallest decline of -5.1% was in 2020.
In value terms, cotton; garnetted stock waste imports surged to $30K in 2022. Over the period under review, imports saw a perceptible setback.
| Import of Cotton; Garnetted Stock Waste in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 29.4 | 15.5 | 9.4 | 13.6 | -22.7% |
| France | 4.9 | 3.3 | 2.6 | 8.4 | 19.7% |
| India | N/A | 7.2 | N/A | N/A | 0% |
| Others | N/A | 14.7 | 8.1 | 8.4 | -24.4% |
| Total | 34.3 | 40.7 | 20.1 | 30.4 | -3.9% |
Top Suppliers of Cotton; Garnetted Stock Waste to Morocco in 2022:
- Spain (16.8 tons)
- France (0.4 tons)
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