Price for Cotton; Sewing Thread, Put Up for Retail Sale in Morocco - 2023
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (CIF) - 2023
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (CIF) - 2023
The average import price for cotton; sewing thread, put up for retail sale stood at $12,766 per ton in June 2023, picking up by 6.3% against the previous month. In general, import price indicated a pronounced increase from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, import price for cotton; sewing thread, put up for retail sale increased by +19.4% against March 2023 indices. The growth pace was the most rapid in September 2022 when the average import price increased by 45% against the previous month. Over the period under review, average import prices hit record highs in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was China ($19,234 per ton), while the price for Portugal ($10,787 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (FOB) - 2022
In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $15,249 per ton, picking up by 35% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The export price peaked at $24,460 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($17,695 per ton), while the average price for exports to the United Arab Emirates ($1,113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco
In 2022, imports of cotton; sewing thread, put up for retail sale into Morocco surged to 209 tons, rising by 15% against 2021 figures. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 34%.
In value terms, imports of cotton; sewing thread, put up for retail sale amounted to $2.2M in 2022. Overall, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 975 | 644 | 1,161 | 833 | -5.1% |
| Portugal | 367 | 173 | 406 | 717 | 25.0% |
| India | 1,123 | 510 | 477 | 470 | -25.2% |
| China | 101 | 61.3 | 89.0 | 154 | 15.1% |
| United Kingdom | 55.8 | 22.4 | 11.2 | 44.4 | -7.3% |
| Others | 20.5 | 15.4 | 16.2 | 18.4 | -3.5% |
| Total | 2,643 | 1,426 | 2,161 | 2,236 | -5.4% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Morocco in 2022:
- Spain (84.3 tons)
- Portugal (67.1 tons)
- India (38.9 tons)
- China (13.4 tons)
- United Kingdom (4.1 tons)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco
In 2022, exports of cotton; sewing thread, put up for retail sale from Morocco dropped notably to 16 tons, with a decrease of -28.2% against the year before. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 71% against the previous year.
In value terms, exports of cotton; sewing thread, put up for retail sale reduced slightly to $239K in 2022. Overall, exports recorded a mild decrease. The growth pace was the most rapid in 2021 when exports increased by 72% against the previous year.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 58.5 | N/A | N/A | 79.6 | 10.8% |
| United Arab Emirates | 5.2 | 3.7 | 8.0 | 1.0 | -42.3% |
| Mauritania | 25.6 | N/A | 0.2 | 0.1 | -84.3% |
| Qatar | 1.4 | 0.8 | N/A | N/A | -42.9% |
| Others | 161 | 139 | 238 | 158 | -0.6% |
| Total | 252 | 143 | 246 | 239 | -1.8% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Morocco in 2022:
- Tunisia (4.5 tons)
- United Arab Emirates (0.9 tons)
- Mauritania (0.1 tons)
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This report provides an in-depth analysis of the cotton sewing thread market in Morocco.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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This report provides an in-depth analysis of the cotton sewing thread market in Morocco.
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This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1123
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1671
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1534
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1068
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1123
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1671
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1534
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
