Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $12,536 per ton, picking up by 136% against the previous year. Overall, the import price recorded a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Hungary ($33,861 per ton), while the price for China ($2,294 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $983 per ton, dropping by -67.8% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 82%. As a result, the export price attained the peak level of $15,312 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.0% per year.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco
In 2022, after three years of growth, there was significant decline in supplies from abroad of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -54% to 80 tons. In general, imports showed a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 174 tons, and then reduced remarkably in the following year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses amounted to $1M in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 87% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 85.9 | 407 | 683 | 182.0% |
| France | 16.0 | 21.8 | 53.5 | 189 | 127.7% |
| China | 153 | 175 | 186 | 64.5 | -25.0% |
| Italy | 54.3 | 92.9 | 34.1 | 44.1 | -6.7% |
| Spain | 94.4 | 30.6 | 75.8 | 20.6 | -39.8% |
| Bulgaria | N/A | 53.5 | N/A | N/A | 0% |
| Algeria | N/A | N/A | 160 | N/A | 0% |
| Others | 63.8 | 35.5 | 9.5 | 5.0 | -57.2% |
| Total | 382 | 495 | 926 | 1,006 | 38.1% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Morocco in 2022:
- China (28.1 tons)
- France (24.4 tons)
- Hungary (20.2 tons)
- Italy (3.6 tons)
- Spain (3.4 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco
In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -90.3% to 60 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 2,189% against the previous year. As a result, the exports reached the peak of 2.2 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wadding; other articles thereof, of man-made fibreses shrank notably to $59 in 2022. In general, exports showed a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 1,337% against the previous year. As a result, the exports reached the peak of $5.4K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 0.1 | 0% |
| United States | 0.2 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 1.8 | N/A | 0% |
| Mauritania | 0.1 | 5.4 | 0.1 | N/A | 0.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.4 | 5.4 | 1.9 | 0.1 | -37.0% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Morocco in 2022:
- France (60.0 kg)
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