Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco - 2023

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (CIF) - 2022

In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $7.6 per square meter, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $8.3 per square meter. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($9.8 per square meter), while the price for China ($5.8 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (FOB) - 2022

In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $17 per square meter, reducing by -12.7% against the previous year. Overall, the export price, however, recorded a notable expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 80%. As a result, the export price attained the peak level of $25 per square meter. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($22 per square meter), while the average price for exports to the UK ($6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.7%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco

For the third year in a row, Morocco recorded decline in supplies from abroad of woven fabrics of carded wool or of carded fine animal hair, which decreased by -2.6% to 5.2M square meters in 2022. Over the period under review, imports continue to indicate a drastic downturn. Over the period under review, imports of attained the maximum at 8.5M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair shrank modestly to $40M in 2022. In general, imports saw a abrupt decrease. Over the period under review, imports of hit record highs at $57M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy45.638.230.126.3-16.8%
China4.43.75.87.519.5%
Spain3.81.12.21.8-22.0%
Portugal0.92.20.91.621.1%
Turkey1.00.61.10.8-7.2%
Others1.20.90.81.610.1%
Total56.846.741.039.7-11.3%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Morocco in 2022:

  1. Italy (3340.4K square meters)
  2. China (1287.9K square meters)
  3. Spain (203.6K square meters)
  4. Portugal (164.2K square meters)
  5. Turkey (90.6K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco

In 2022, exports of woven fabrics of carded wool or of carded fine animal hair from Morocco surged to 40K square meters, with an increase of 98% against the previous year. In general, exports, however, faced a sharp decline. Over the period under review, the exports of reached the maximum at 169K square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair soared to $688K in 2022. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 108%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7582,263383603-7.3%
GermanyN/AN/AN/A69.10%
France2660.4N/A9.0-67.7%
United Kingdom0.50.36.66.6136.3%
Others81.636.58.70.6-80.6%
Total1,1062,300398688-14.6%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Morocco in 2022:

  1. Spain (27.9K square meters)
  2. Germany (9.5K square meters)
  3. France (1.4K square meters)
  4. United Kingdom (1.1K square meters)

Source: IndexBox Market Intelligence Platform

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