Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco - 2022

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (CIF) - 2022

In 2022, the average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $117,836 per unit, with an increase of 523% against the previous year. Over the period under review, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($430,074 per unit), while the price for France ($5,222 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+129.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $785 per unit, surging by 134% against the previous year. Overall, the export price saw a temperate increase. The most prominent rate of growth was recorded in 2018 an increase of 880% against the previous year. The export price peaked at $3,854 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($701 per unit), while the average price for exports to the United Arab Emirates ($317 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 the United States (+181.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco

In 2022, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into Morocco surged to 20 units, picking up by 186% compared with the previous year's figure. In general, imports, however, saw a deep downturn. Imports peaked at 25 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $2.4M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/AN/A1,2900%
Belgium123N/AN/A97499.3%
China18721.513287.2-22.5%
FranceN/AN/AN/A5.20%
SpainN/A81.0N/AN/A0%
Italy63043.6N/AN/A-93.1%
OthersN/AN/A0.1N/A0%
Total9391461322,35735.9%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Morocco in 2022:

  1. Belgium (10.0 units)
  2. China (6.0 units)
  3. Taiwan (Chinese) (3.0 units)
  4. France (1.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco

In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses increased by 192% to 76 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $60K in 2022. In general, exports, however, showed a precipitous curtailment. Over the period under review, the exports of attained the peak figure at $216K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A31.60%
Tunisia28.513.00.47.8-35.1%
United Arab Emirates1.510.16.32.924.6%
Saudi ArabiaN/AN/AN/A0.90%
GuineaN/AN/AN/A0.80%
NigeriaN/AN/A1.9N/A0%
Others1860.70.215.8-56.0%
Total21623.88.759.7-34.9%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Morocco in 2022:

  1. France (45.0 units)
  2. Tunisia (17.0 units)
  3. United Arab Emirates (9.0 units)
  4. Saudi Arabia (2.0 units)
  5. Guinea (2.0 units)

Source: IndexBox Market Intelligence Platform

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