Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco - 2024
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (CIF) - 2022
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (FOB) - 2022
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (CIF) - 2022
In 2022, the average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses amounted to $1.4 per square meter, waning by -15.7% against the previous year. In general, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, import price attained the peak level of $2.5 per square meter. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5.4 per square meter), while the price for China ($1.2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (FOB) - 2022
The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $1.9 per square meter in 2022, waning by -59.4% against the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2021 an increase of 199%. The export price peaked at $15 per square meter in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 ($4 per square meter), while the average price for exports to Mauritania ($653 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+19.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco
In 2022, the amount of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses imported into Morocco surged to 32M square meters, jumping by 37% compared with the year before. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses surged to $44M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 9.1 | 18.7 | 27.6 | 47.5% |
| South Korea | 7.0 | 4.8 | 9.2 | 7.5 | 2.3% |
| Spain | 3.9 | 4.2 | 2.7 | 3.8 | -0.9% |
| Turkey | 1.6 | 1.5 | 2.1 | 1.7 | 2.0% |
| Italy | 4.9 | 3.6 | 3.6 | 1.3 | -35.7% |
| Others | 1.7 | 1.4 | 1.4 | 1.8 | 1.9% |
| Total | 27.9 | 24.7 | 37.7 | 43.6 | 16.0% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Morocco in 2022:
- China (22.5M square meters)
- South Korea (6.0M square meters)
- Spain (1.6M square meters)
- Turkey (0.8M square meters)
- Italy (0.2M square meters)
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco
In 2022, overseas shipments of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses decreased by -10.4% to 86K square meters, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 148% against the previous year. As a result, the exports reached the peak of 864K square meters. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses fell sharply to $163K in 2022. In general, exports showed a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 68%. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 585 | 633 | 409 | 97.4 | -45.0% |
| France | 7.9 | 193 | 21.0 | 31.9 | 59.2% |
| Mauritania | N/A | N/A | N/A | 28.1 | 0% |
| Turkey | 174 | 519 | N/A | N/A | 198.3% |
| Others | 31.9 | 0.1 | 18.0 | 5.4 | -44.7% |
| Total | 799 | 1,345 | 448 | 163 | -41.1% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Morocco in 2022:
- Mauritania (43.0K square meters)
- Spain (33.5K square meters)
- France (8.0K square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in Morocco.
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This report provides an in-depth analysis of the man-made filament fabric market in Morocco.
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