Morocco: Market for Footwear with Uppers of Textile Materials 2022

Market Size for Footwear with Uppers of Textile Materials in Morocco

After two years of growth, the Moroccan market for footwear with uppers of textile materials decreased by -X% to $X in 2021. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption peaked at $X in 2020, and then reduced in the following year.

Exports of Footwear with Uppers of Textile Materials

Exports from Morocco

After two years of decline, overseas shipments of footwear with uppers of textile materials increased by X% to X tons in 2021. In general, exports posted a measured expansion. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of footwear with uppers of textile materials skyrocketed to $X in 2021. Over the period under review, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Mali (X tons) was the main destination for exports of footwear with uppers of textile materials from Morocco, accounting for a X% share of total exports. Moreover, exports of footwear with uppers of textile materials to Mali exceeded the volume sent to the second major destination, Germany (X tons), threefold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mali totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and France (-X% per year).

In value terms, the largest markets for footwear with uppers of textile materials exported from Morocco were Mali ($X), Germany ($X) and France ($X), together accounting for X% of total exports.

Mali, with a CAGR of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for footwear with uppers of textile materials stood at $X per ton in 2021, leveling off at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($X per ton), while the average price for exports to Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports into Morocco

In 2021, supplies from abroad of footwear with uppers of textile materials decreased by -X% to X tons, falling for the second year in a row after three years of growth. Overall, imports showed a mild decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of footwear with uppers of textile materials rose sharply to $X in 2021. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its value decreased at an average annual rate of -X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main footwear with uppers of textile materials supplier to Morocco, accounting for a X% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and Vietnam (+X% per year).

In value terms, China ($X) constituted the largest supplier of footwear with uppers of textile materials to Morocco, comprising X% of total imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+X% per year) and Turkey (+X% per year).

Import Prices by Country

In 2021, the average import price for footwear with uppers of textile materials amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for footwear with uppers of textile materials decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform