Morocco: Textile Tubing Market 2023

Textile Tubing Market Size in Morocco

In 2021, the Moroccan textile tubing market decreased by -15% to $X for the first time since 2013, thus ending a seven-year rising trend. Over the period under review, consumption, however, enjoyed prominent growth. Textile tubing consumption peaked at $X in 2020, and then declined significantly in the following year.

Textile Tubing Production in Morocco

In value terms, textile tubing production dropped to $X in 2021 estimated in export price. Overall, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 51%. Over the period under review, production reached the peak level at $X in 2020, and then fell in the following year.

Textile Tubing Exports

Exports from Morocco

In 2021, the amount of textile hosepiping and similar textile tubing exported from Morocco declined slightly to X kg, with a decrease of -4.8% against the year before. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2015 when exports increased by 1,487% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, textile tubing exports declined sharply to $X in 2021. Overall, exports saw a pronounced decline. The growth pace was the most rapid in 2015 when exports increased by 494% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for textile tubing exports from Morocco, accounting for a 57% share of total exports. Moreover, textile tubing exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Senegal (X kg), threefold. Paraguay (X kg) ranked third in terms of total exports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+9.8% per year) and Paraguay (0.0% per year).

In value terms, the largest markets for textile tubing exported from Morocco were Tunisia ($X), Cote d'Ivoire ($X) and Senegal ($X), with a combined 90% share of total exports.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of +31.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average textile tubing export price amounted to $X per ton, reducing by -40.2% against the previous year. In general, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 415% against the previous year. The export price peaked at $X per ton in 2020, and then shrank significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Paraguay ($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 Tunisia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Tubing Imports

Imports into Morocco

In 2021, approx. X tons of textile hosepiping and similar textile tubing were imported into Morocco; waning by -30.6% against the previous year's figure. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2017 when imports increased by 1,271% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, textile tubing imports reduced to $X in 2021. Over the period under review, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2017 when imports increased by 814% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), France (X tons) and Greece (X tons) were the main suppliers of textile tubing imports to Morocco, with a combined 57% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +2,524.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest textile tubing suppliers to Morocco were France ($X), Spain ($X) and China ($X), with a combined 60% share of total imports. These countries were followed by Greece, India, Italy and Turkey, which together accounted for a further 19%.

In terms of the main suppliers, Greece, with a CAGR of +2,334.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average textile tubing import price stood at $X per ton in 2021, rising by 31% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, textile tubing import price increased by +54.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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