Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Morocco - 2023

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $4 per unit in 2022, falling by -10.6% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the peak figure at $14 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 France ($7.3 per unit), while the average price for exports to Ireland ($2.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-5.1%), while the prices for the other major destinations experienced a decline.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022

The average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $6.2 per unit in 2022, falling by -1.7% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $11 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12 per unit), while the price for Portugal ($3.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced a decline.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco

Exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted from Morocco shrank to 9.9M units in 2022, declining by -13% on the previous year. Over the period under review, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports reached the peak of 11M units, and then declined in the following year.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted contracted markedly to $40M in 2022. In general, exports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 28%. As a result, the exports reached the peak of $51M, and then dropped dramatically in the following year.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain8.415.723.014.720.5%
Germany0.60.58.111.4166.8%
France6.23.46.26.72.6%
United Kingdom0.20.11.72.0115.4%
Portugal2.72.72.41.2-23.7%
Italy0.1N/A1.21.0115.4%
Ireland24.214.94.5N/A-56.9%
Others2.12.33.82.78.7%
Total44.539.750.939.6-3.8%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Morocco in 2022:

  1. Germany (4.3M units)
  2. Spain (3.1M units)
  3. France (0.9M units)
  4. United Kingdom (0.8M units)
  5. Italy (0.2M units)
  6. Portugal (0.2M units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco

In 2022, after three years of growth, there was decline in purchases abroad of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted, when their volume decreased by -2.6% to 4.5M units. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports attained the peak of 4.6M units, and then dropped in the following year.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted contracted to $28M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. As a result, imports reached the peak of $29M, and then shrank in the following year.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey9.18.210.08.0-4.2%
Bangladesh2.92.83.75.221.5%
Portugal1.83.74.34.737.7%
China4.73.95.04.1-4.5%
India2.01.32.01.7-5.3%
EgyptN/AN/A0.10.7600.0%
Others3.42.23.93.3-1.0%
Total23.922.129.027.75.0%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Morocco in 2022:

  1. Portugal (1421.0K units)
  2. Turkey (1199.6K units)
  3. Bangladesh (838.6K units)
  4. China (339.6K units)
  5. India (335.0K units)
  6. Egypt (103.4K units)

Source: IndexBox Market Intelligence Platform

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