Price for Braids; in the Piece in Morocco - 2022
Contents:
- Price for Braids; in the Piece in Morocco (CIF) - 2022
- Price for Braids; in the Piece in Morocco (FOB) - 2022
- Imports of Braids; in the Piece in Morocco
- Exports of Braids; in the Piece in Morocco
Price for Braids; in the Piece in Morocco (CIF) - 2022
The average braids; in the piece import price stood at $24,708 per ton in 2022, rising by 32% against the previous year. Over the period under review, the import price recorded resilient growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 103% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
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 France ($55,493 per ton), while the price for Spain ($7,954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Braids; in the Piece in Morocco (FOB) - 2022
The average braids; in the piece export price stood at $23,886 per ton in 2022, increasing by 58% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 93% against the previous year. Over the period under review, the average export prices reached the maximum at $31,348 per ton in 2017; however, from 2018 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 Tunisia ($32,646 per ton), while the average price for exports to Spain ($3,398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Braids; in the Piece in Morocco
For the third consecutive year, Morocco recorded decline in supplies from abroad of braids; in the pieces, which decreased by -42.9% to 18 tons in 2022. Overall, imports faced a significant decline. The smallest decline of -12.2% was in 2020.
In value terms, braids; in the piece imports declined significantly to $452K in 2022. In general, imports saw a sharp decline. The smallest decline of -14.9% was in 2020.
| Import of Braids; in the Piece in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 453 | 307 | 194 | 212 | -22.4% |
| Germany | 190 | 238 | 267 | 195 | 0.9% |
| China | 206 | 118 | 87.1 | 17.2 | -56.3% |
| Portugal | 34.4 | 106 | 6.0 | 8.3 | -37.7% |
| Spain | 34.4 | 13.8 | 33.5 | 6.2 | -43.5% |
| Others | 55.2 | 44.2 | 11.1 | 12.3 | -39.4% |
| Total | 973 | 828 | 599 | 452 | -22.6% |
Top Suppliers of Braids; in the Piece to Morocco in 2022:
- Germany (10.6 tons)
- France (3.8 tons)
- China (2.1 tons)
- Spain (0.8 tons)
- Portugal (0.5 tons)
Exports of Braids; in the Piece in Morocco
In 2022, overseas shipments of braids; in the pieces decreased by -34.5% to 4.5 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 91%. As a result, the exports attained the peak of 16 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, braids; in the piece exports amounted to $107K in 2022. In general, exports, however, saw moderate growth. The growth pace was the most rapid in 2020 with an increase of 268% against the previous year. As a result, the exports attained the peak of $367K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Braids; in the Piece in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | 9.3 | 52.4 | 463.4% |
| France | 0.2 | 192 | 45.2 | 35.0 | 459.3% |
| Tunisia | 0.8 | 1.2 | N/A | 6.6 | 102.1% |
| Romania | N/A | 0.2 | 9.7 | 4.5 | 374.3% |
| Hungary | N/A | 140 | 16.7 | 4.1 | -82.9% |
| Germany | N/A | 2.5 | 3.9 | 2.7 | 3.9% |
| Spain | 76.9 | 7.5 | 13.5 | 0.7 | -79.1% |
| Others | 21.8 | 24.5 | 5.4 | 1.2 | -62.0% |
| Total | 99.7 | 367 | 104 | 107 | 2.4% |
Top Export Markets for Braids; in the Piece from Morocco in 2022:
- South Africa (1924.0 kg)
- France (1324.0 kg)
- Hungary (387.0 kg)
- Romania (243.0 kg)
- Tunisia (203.0 kg)
- Spain (200.0 kg)
- Germany (124.0 kg)
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