Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco - 2023
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (CIF) - 2022
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (FOB) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco
- Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $445 per unit in 2022, growing by 108% against the previous year. In general, the import price enjoyed modest growth. Over the period under review, average import prices reached the peak figure at $621 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 ($1,870 per unit), while the price for Spain ($74 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (FOB) - 2022
In 2022, the average export price for articles of apparel, clothing accessories and other articles of furskin amounted to $356 per unit, growing by 109% against the previous year. Overall, the export price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 297% against the previous year. The export price peaked at $1,427 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,016 per unit), while the average price for exports to the United States amounted to $79 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco
In 2022, approx. 433 units of articles of apparel, clothing accessories and other articles of furskin were imported into Morocco; with a decrease of -69.8% against the previous year. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 97%. Over the period under review, imports of attained the peak figure at 2.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin fell remarkably to $193K in 2022. Over the period under review, imports showed a significant curtailment. The smallest decline of -12.3% was in 2021. Imports peaked at $662K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 194 | 218 | 106 | 142 | -9.9% |
| Italy | 78.7 | 34.1 | 100 | 24.3 | -32.4% |
| China | 119 | 11.8 | 2.9 | 12.7 | -52.6% |
| Turkey | 179 | 74.3 | 7.6 | 6.9 | -66.2% |
| India | 0.8 | 6.5 | 69.4 | 6.8 | 104.1% |
| Portugal | 0.1 | N/A | 17.8 | N/A | 1234.2% |
| Others | 90.8 | 5.3 | 3.9 | 0.2 | -87.0% |
| Total | 662 | 350 | 307 | 193 | -33.7% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Morocco in 2022:
- China (170.0 units)
- France (162.0 units)
- India (72.0 units)
- Turkey (13.0 units)
- Italy (13.0 units)
Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco
In 2022, the amount of articles of apparel, clothing accessories and other articles of furskin exported from Morocco surged to 21 units, growing by 17% against 2021 figures. Overall, exports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 333%. As a result, the exports reached the peak of 576 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of articles of apparel, clothing accessories and other articles of furskin surged to $7.5K in 2022. In general, exports, however, saw a dramatic curtailment. Over the period under review, the exports of hit record highs at $190K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 187 | N/A | N/A | 6.0 | -68.2% |
| United States | 2.0 | N/A | 0.3 | 1.4 | -11.2% |
| United Arab Emirates | N/A | 3.2 | 2.5 | N/A | -21.9% |
| Turkey | N/A | 164 | N/A | N/A | 0% |
| Others | 0.5 | N/A | 0.2 | N/A | -36.8% |
| Total | 190 | 167 | 3.1 | 7.5 | -66.0% |
Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Morocco in 2022:
- United States (18.0 units)
- France (3.0 units)
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