Morocco: Flax Fabric Market 2024

Flax Fabric Market Size in Morocco

In 2022, the Moroccan flax fabric market decreased by X% to $X for the first time since 2011, thus ending a ten-year rising trend. Overall, consumption saw a buoyant expansion. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Flax Fabric Production in Morocco

In value terms, flax fabric production surged to $X in 2022 estimated in export price. In general, production recorded a abrupt decrease. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Flax Fabric Exports

Exports from Morocco

Flax fabric exports from Morocco fell to X square meters in 2022, dropping by X% on the previous year. Overall, exports faced a precipitous descent. The exports peaked at X square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, flax fabric exports reduced markedly to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X square meters) was the main destination for flax fabric exports from Morocco, with a X% share of total exports. Moreover, flax fabric exports to Spain exceeded the volume sent to the second major destination, Italy (X square meters), more than tenfold.

From 2020 to 2022, the average annual growth rate of volume to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X.0% per year) and France (X% per year).

In value terms, Spain ($X) remains the key foreign market for woven fabrics of flax exports from Morocco, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per square meter, falling by X% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price attained the peak level of $X per square meter, and then fell significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Italy ($X per square meter) was amongst the lowest.

From 2020 to 2022, 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 a decline.

Flax Fabric Imports

Imports into Morocco

Flax fabric imports into Morocco surged to X square meters in 2022, with an increase of X% compared with the previous year. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, flax fabric imports skyrocketed to $X in 2022. In general, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of flax fabric to Morocco, with a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Spain (X square meters), fivefold. Turkey (X square meters) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to Morocco, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, shrinking by X% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter, and then contracted in the following year.

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 Italy ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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