Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco - 2023
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (CIF) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (FOB) - 2022
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $5,666 per ton in 2022, which is down by -10.4% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 60% against the previous year. The import price peaked at $12,631 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($6,577 per ton), while the price for Spain ($2,892 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (+66.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (FOB) - 2022
The average export price for cotton yarn (other than sewing thread), put up for retail sale stood at $7,480 per ton in 2022, shrinking by -67.6% against the previous year. Overall, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 61%. Over the period under review, the average export prices reached the peak figure at $23,100 per ton in 2021, and then reduced sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($23,824 per ton), while the average price for exports to Turkey ($1,266 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 Switzerland (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco
In 2022, imports of cotton yarn (other than sewing thread), put up for retail sale into Morocco surged to 54 tons, rising by 15% against 2021 figures. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 206% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale expanded to $304K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 14.5 | 104 | 30.3 | 176 | 129.8% |
| Spain | 5.6 | 0.3 | 88.0 | 72.1 | 134.4% |
| France | 92.3 | 29.2 | 68.3 | 47.2 | -20.0% |
| China | 28.4 | 0.2 | 0.2 | 7.4 | -36.1% |
| Italy | 2.3 | 20.5 | 32.7 | 0.3 | -49.3% |
| Netherlands | N/A | N/A | 68.0 | N/A | 0% |
| Others | 3.3 | 5.0 | 7.1 | 0.9 | -35.2% |
| Total | 146 | 159 | 295 | 304 | 27.7% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Morocco in 2022:
- Turkey (26.8 tons)
- Spain (24.9 tons)
- China (1.3 tons)
- France (0.6 tons)
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco
In 2022, after two years of decline, there was significant growth in shipments abroad of cotton yarn (other than sewing thread), put up for retail sale, when their volume increased by 614% to 500 kg. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale soared to $3.7K in 2022. Overall, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | 22.0 | N/A | 2,431 | 951.2% |
| France | 2,391 | 214 | 1,213 | 1,201 | -20.5% |
| Turkey | N/A | N/A | 31.0 | 108 | 248.4% |
| Spain | 93.0 | N/A | N/A | N/A | 0% |
| Austria | N/A | 1,917 | N/A | N/A | 0% |
| Cabo Verde | N/A | N/A | 351 | N/A | 0% |
| Others | N/A | N/A | 22.0 | N/A | 0% |
| Total | 2,484 | 2,153 | 1,617 | 3,740 | 14.6% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Morocco in 2022:
- France (313.0 kg)
- Switzerland (102.0 kg)
- Turkey (85.0 kg)
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