Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco - 2023
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (CIF) - 2023
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (FOB) - 2023
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (CIF) - 2023
In June 2023, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $6,998 per ton, surging by 20% against the previous month. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in January 2023 an increase of 45% month-to-month. As a result, import price reached the peak level of $9,800 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Bosnia and Herzegovina ($20,855 per ton), while the price for China ($3,690 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 Bosnia and Herzegovina (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (FOB) - 2023
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $9,377 per ton in June 2023, surging by 6.2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 28% against the previous month. The export price peaked at $9,398 per ton in January 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($10,031 per ton), while the average price for exports to France ($6,107 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco
In 2022, imports of footwear; parts, outer soles and heels, of rubber or plasticses into Morocco surged to 2.8K tons, increasing by 50% compared with 2021. In general, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses skyrocketed to $19M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.2 | 5.2 | 7.1 | 8.2 | 4.4% |
| Italy | 3.1 | 2.3 | 2.6 | 3.5 | 4.1% |
| China | 1.0 | 1.3 | 2.0 | 3.1 | 45.8% |
| Turkey | 0.5 | 0.5 | 0.7 | 1.6 | 47.4% |
| Bosnia and Herzegovina | 0.3 | 0.2 | 0.6 | 1.1 | 54.2% |
| Portugal | 0.5 | 0.9 | 0.6 | 0.8 | 17.0% |
| Others | 0.5 | 0.6 | 0.7 | 1.1 | 30.1% |
| Total | 13.1 | 10.8 | 14.3 | 19.3 | 13.8% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Morocco in 2022:
- China (1133.3 tons)
- Spain (960.5 tons)
- Italy (257.0 tons)
- Turkey (216.7 tons)
- Portugal (112.8 tons)
- Bosnia and Herzegovina (74.6 tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco
In 2022, exports of footwear; parts, outer soles and heels, of rubber or plasticses from Morocco soared to 758 tons, with an increase of 20% compared with the previous year's figure. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses expanded notably to $6.2M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,493 | 2,070 | 3,708 | 4,496 | 21.7% |
| Australia | 436 | 243 | 1,047 | 1,343 | 45.5% |
| France | 421 | 325 | 306 | 234 | -17.8% |
| Djibouti | N/A | N/A | N/A | 30.0 | 0% |
| Germany | 1.6 | 332 | 0.2 | 8.6 | 75.2% |
| Philippines | N/A | 259 | 70.2 | N/A | -72.9% |
| Others | 366 | 233 | 318 | 119 | -31.2% |
| Total | 3,717 | 3,461 | 5,450 | 6,231 | 18.8% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Morocco in 2022:
- Spain (495.7 tons)
- Australia (187.4 tons)
- France (37.9 tons)
- Djibouti (23.0 tons)
- Germany (1.5 tons)
427
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
427
Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
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