Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $4,941 per ton, rising by 9.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 26%. As a result, import price reached the peak level of $6,500 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($5,800 per ton), while the price for China stood at $4,736 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $20,544 per ton, picking up by 9.4% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $46,904 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($58,619 per ton), while the average price for exports to France ($10,113 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+16.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco
In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Morocco dropped remarkably to 960 tons, declining by -34.7% on the previous year. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 7.3% against the previous year.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds fell significantly to $4.7M in 2022. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12%.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 5.4 | 5.4 | 4.4 | -13.5% |
| Turkey | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Portugal | 0.7 | 0.1 | 1.0 | N/A | 19.5% |
| Others | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Total | 7.8 | 5.9 | 6.6 | 4.7 | -15.5% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Morocco in 2022:
- China (922.0 tons)
- Turkey (20.0 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco
In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds exported from Morocco amounted to 103 kg, picking up by 3% against the previous year's figure. In general, exports showed a mild expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 5% against the previous year. As a result, the exports reached the peak of 105 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds rose notably to $2.1K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 706 | 347 | 523 | 1,231 | 20.4% |
| France | 1,260 | 373 | 442 | 809 | -13.7% |
| Spain | 1,173 | 450 | 525 | 76.0 | -59.8% |
| Portugal | N/A | N/A | 388 | N/A | 0% |
| Canada | N/A | 1,183 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,139 | 2,353 | 1,878 | 2,116 | -12.3% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Morocco in 2022:
- France (80.0 kg)
- United Arab Emirates (21.0 kg)
- Spain (2.0 kg)
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