Morocco - Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco - 2023
Contents:
- Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (CIF) - 2023
- Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (FOB) - 2022
- Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco
- Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco
Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (CIF) - 2023
In June 2023, the average import price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $1,270 per ton, dropping by -10.4% against the previous month. Overall, the import price recorded a noticeable slump. The pace of growth was the most pronounced in September 2022 when the average import price increased by 1.8% m-o-m. The import price peaked at $1,684 per ton in July 2022; however, from August 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Italy ($1,544 per ton) and South Korea ($1,466 per ton), while the price for India ($1,133 per ton) and Nigeria ($1,172 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (FOB) - 2022
In 2022, the average export price for polyester tow and staple, not carded, combed or otherwise processed for spinning amounted to $1,545 per ton, declining by -10.2% against the previous year. Overall, the export price showed a abrupt setback. The growth pace was the most rapid in 2021 an increase of 30%. Over the period under review, the average export prices reached the maximum at $3,223 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,565 per ton), while the average price for exports to the Netherlands amounted to $1,535 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+1.5%).
Imports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco
Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning into Morocco reduced markedly to 18K tons in 2022, declining by -25.8% against 2021. Over the period under review, imports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of 24K tons, and then dropped notably in the following year.
In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $30M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, imports attained the peak of $33M, and then declined in the following year.
| Import of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 5.9 | 4.6 | 9.8 | 7.8 | 9.8% |
| India | 3.0 | 3.6 | 6.3 | 7.1 | 33.3% |
| Nigeria | N/A | N/A | 0.6 | 4.8 | 700.0% |
| Italy | 1.2 | 0.9 | 1.5 | 2.5 | 27.7% |
| Algeria | N/A | N/A | 5.3 | 2.0 | -62.3% |
| Netherlands | 1.6 | 2.0 | 2.9 | 1.9 | 5.9% |
| China | 2.9 | 1.7 | 0.6 | 1.1 | -27.6% |
| Indonesia | 2.3 | 1.3 | 1.1 | 0.6 | -36.1% |
| Thailand | 3.6 | 5.5 | 2.9 | 0.5 | -48.2% |
| Vietnam | 3.2 | 0.6 | 0.6 | 0.1 | -68.5% |
| Others | 1.0 | 0.9 | 1.0 | 1.8 | 21.6% |
| Total | 24.9 | 21.1 | 32.6 | 30.1 | 6.5% |
Top Suppliers of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning to Morocco in 2022:
- South Korea (4.4K tons)
- India (4.3K tons)
- Nigeria (3.2K tons)
- Italy (1.4K tons)
- Algeria (1.3K tons)
- Netherlands (1.1K tons)
- China (0.6K tons)
- Indonesia (0.3K tons)
- Thailand (0.3K tons)
- Vietnam (0.1K tons)
Exports of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco
In 2022, shipments abroad of polyester tow and staple, not carded, combed or otherwise processed for spinning decreased by -60.3% to 306 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 366%. As a result, the exports attained the peak of 771 tons, and then contracted significantly in the following year.
In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning dropped remarkably to $473K in 2022. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 506% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped remarkably in the following year.
| Export of Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 193 | 1,246 | 311 | 26.9% |
| Cote d'Ivoire | 49.8 | 19.5 | 68.6 | 162 | 48.2% |
| Italy | 15.4 | N/A | 12.8 | N/A | -8.8% |
| Others | 10.8 | 6.9 | 0.5 | N/A | -78.5% |
| Total | 76.0 | 219 | 1,328 | 473 | 83.9% |
Top Export Markets for Polyester Tow and Staple, Not Carded, Combed or Otherwise Processed for Spinning from Morocco in 2022:
- Netherlands (202.4 tons)
- Cote d'Ivoire (103.8 tons)
This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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