Morocco - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMen Knitwear Price in Morocco - 2022
Contents:
- Men Knitwear Price in Morocco (FOB) - 2022
- Men Knitwear Price in Morocco (CIF) - 2022
- Men Knitwear Exports in Morocco
- Men Knitwear Imports in Morocco
Men Knitwear Price in Morocco (FOB) - 2022
The average men knitwear export price stood at $12.9 per unit in December 2022, declining by -3.4% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in January 2022 when the average export price increased by 21% against the previous month. The export price peaked at $13.3 per unit in November 2022, and then declined slightly in the following month.
Average prices varied somewhat for the major foreign markets. In December 2022, the highest price was recorded for prices to Spain ($14.9 per unit) and Germany ($12.8 per unit), while the average price for exports to the UK ($10.8 per unit) and France ($11.7 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Men Knitwear Price in Morocco (CIF) - 2022
In December 2022, the average men knitwear import price amounted to $11.5 per unit, picking up by 13% against the previous month. Over the last twelve months, it increased at an average monthly rate of +5.0%. The most prominent rate of growth was recorded in January 2022 an increase of 56% against the previous month. Over the period under review, average import prices attained the peak figure in December 2022.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the countries with the highest prices were China ($12.2 per unit) and Lebanon ($12.1 per unit), while the price for Sri Lanka ($8.9 per unit) and Pakistan ($9.9 per unit) were amongst the lowest.
From December 2021 to December 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.
Men Knitwear Exports in Morocco
In 2022, approx. 5.3M units of men's or boys' clothing (knitted or crocheted) were exported from Morocco; with a decrease of -17.2% on 2021 figures. Overall, exports saw a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 0.3% against the previous year. The exports peaked at 7.9M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, men knitwear exports rose rapidly to $53M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Men Knitwear in Morocco (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 27.1 | 17.7 | 20.6 | 24.9 | -2.8% |
Spain | 7.6 | 8.3 | 18.4 | 21.0 | 40.3% |
Germany | 0.5 | 0.3 | 3.3 | 3.8 | 96.6% |
United Kingdom | N/A | 0.2 | 0.6 | 1.0 | 123.6% |
Portugal | 1.9 | 0.7 | 1.2 | 0.7 | -28.3% |
Italy | N/A | 0.1 | 0.7 | 0.6 | 144.9% |
Ireland | 4.5 | 5.4 | 1.7 | N/A | -38.5% |
Others | 1.7 | 0.8 | 1.4 | 1.2 | -11.0% |
Total | 43.3 | 33.5 | 47.9 | 53.2 | 7.1% |
Top Export Markets for Men Knitwear from Morocco in 2022:
- France (2117.8K units)
- Spain (1689.6K units)
- Germany (877.5K units)
- Portugal (174.7K units)
- Italy (164.5K units)
- United Kingdom (90.4K units)
- Ireland (16.2K units)
Men Knitwear Imports in Morocco
In 2022, supplies from abroad of men's or boys' clothing (knitted or crocheted) decreased by -30.8% to 2.9M units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of 4.3M units, and then reduced sharply in the following year.
In value terms, men knitwear imports contracted to $20M in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 66%. As a result, imports attained the peak of $23M, and then fell in the following year.
Import of Men Knitwear in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.7 | 7.6 | 11.6 | 9.0 | 24.2% |
China | 2.2 | 2.8 | 4.9 | 4.2 | 24.1% |
Bangladesh | 1.0 | 0.9 | 1.4 | 1.8 | 21.6% |
Vietnam | 0.3 | 0.3 | 1.2 | 1.4 | 67.1% |
Portugal | 0.1 | 0.3 | 1.2 | 0.7 | 91.3% |
Cambodia | 0.7 | 0.4 | 0.4 | 0.7 | 0.0% |
Pakistan | 0.5 | 0.5 | 0.5 | 0.5 | 0.0% |
Others | 1.7 | 1.0 | 1.6 | 1.7 | 0.0% |
Total | 11.2 | 13.7 | 22.8 | 19.9 | 21.1% |
Top Suppliers of Men Knitwear to Morocco in 2022:
- China (1426.4K units)
- Turkey (876.4K units)
- Bangladesh (181.8K units)
- Vietnam (128.5K units)
- Cambodia (68.0K units)
- Portugal (50.9K units)
- Pakistan (49.0K units)
This report provides an in-depth analysis of the men knitwear market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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