Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco - 2023
Contents:
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (CIF) - 2022
- Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (FOB) - 2022
- Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco
- Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (CIF) - 2022
In 2022, the average import price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $6,590 per ton, dropping by -8.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 25%. As a result, import price reached the peak level of $7,225 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($15,275 per ton), while the price for China ($3,690 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (FOB) - 2022
In 2022, the average export price for rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses amounted to $11,160 per ton, falling by -42.4% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 33% against the previous year. The export price peaked at $32,652 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($42,720 per ton), while the average price for exports to Cameroon ($5,978 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 Spain (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco
In 2022, the amount of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses imported into Morocco dropped dramatically to 1.4K tons, with a decrease of -29.2% against 2021. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of 1.9K tons, and then fell remarkably in the following year.
In value terms, imports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses reduced remarkably to $9M in 2022. Overall, imports continue to indicate a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $14M, and then dropped rapidly in the following year.
| Import of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 4.9 | 4.4 | 6.4 | 3.0 | -15.1% |
| China | 0.9 | 0.8 | 2.2 | 1.8 | 26.0% |
| Thailand | 0.6 | 0.9 | 2.6 | 1.3 | 29.4% |
| Spain | 1.7 | 1.0 | 1.3 | 1.3 | -8.6% |
| Sri Lanka | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Indonesia | 0.2 | 0.4 | 0.4 | 0.3 | 14.5% |
| Turkey | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.8 | 0.9 | 0.5 | 0.8 | 0.0% |
| Total | 9.4 | 8.9 | 14.0 | 9.0 | -1.4% |
Top Suppliers of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves to Morocco in 2022:
- China (496.2 tons)
- Malaysia (437.3 tons)
- Thailand (210.8 tons)
- Spain (84.9 tons)
- Indonesia (43.5 tons)
- Sri Lanka (31.0 tons)
- Turkey (23.5 tons)
Exports of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco
Exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses from Morocco skyrocketed to 7.5 tons in 2022, growing by 95% compared with 2021 figures. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,422%. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of rubber; vulcanised (other than hard rubber), gloves other than surgical gloveses rose sharply to $84K in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,497%. As a result, the exports reached the peak of $401K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.3 | 140 | N/A | 48.2 | 443.6% |
| Guinea | 0.3 | 1.3 | 8.0 | 13.9 | 259.2% |
| Benin | 0.2 | 0.7 | N/A | 6.7 | 222.4% |
| Cote d'Ivoire | 0.4 | 0.5 | 7.2 | 6.3 | 150.7% |
| Tunisia | 6.3 | 5.6 | 10.3 | 2.5 | -26.5% |
| Mauritania | 1.8 | 3.8 | 3.9 | 1.2 | -12.6% |
| Spain | N/A | 180 | 35.2 | N/A | -80.4% |
| Cameroon | 0.3 | N/A | 5.6 | N/A | 332.0% |
| China | N/A | 13.6 | N/A | N/A | 0% |
| United Kingdom | N/A | 53.9 | N/A | N/A | 0% |
| Others | 15.6 | 2.2 | 4.8 | 5.4 | -29.8% |
| Total | 25.1 | 401 | 74.9 | 84.2 | 49.7% |
Top Export Markets for Rubber; Vulcanised (Other than Hard Rubber), Gloves Other than Surgical Gloves from Morocco in 2022:
- France (5817.0 kg)
- Cote d'Ivoire (377.0 kg)
- Benin (351.0 kg)
- Guinea (326.0 kg)
- Tunisia (220.0 kg)
- Mauritania (126.0 kg)
- Cameroon (2.0 kg)
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