Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $3,052 per ton in 2022, picking up by 18% against the previous year. Overall, the import price, however, saw a perceptible downturn. Over the period under review, average import prices attained the maximum at $4,876 per ton in 2012; however, from 2013 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 the UK ($9,217 per ton), while the price for Turkey ($1,530 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $3,847 per ton, waning by -63% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 460%. Over the period under review, the average export prices hit record highs at $22,958 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($17,578 per ton), while the average price for exports to Saudi Arabia ($2,953 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 the Netherlands (+67.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into Morocco declined rapidly to 1.7K tons, which is down by -31.2% on the previous year's figure. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 16%.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds shrank remarkably to $5.2M in 2022. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2,8462,0502,8051,546-18.4%
France2,7912,0751,390960-29.9%
Italy6455799137686.0%
Spain4213573455328.1%
China25812925052426.6%
United Kingdom52.327425427674.1%
Portugal41.514411823377.7%
Others13015335937442.2%
Total7,1865,7616,4335,213-10.1%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Morocco in 2022:

  1. Turkey (1010.8 tons)
  2. France (173.7 tons)
  3. China (163.8 tons)
  4. Italy (135.5 tons)
  5. Spain (92.1 tons)
  6. Portugal (62.6 tons)
  7. United Kingdom (30.0 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco

In 2022, overseas shipments of felt; whether or not impregnated, coated, covered or laminateds increased by 6.7% to 4.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt slump.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds contracted significantly to $17K in 2022. Over the period under review, exports, however, recorded a sharp shrinkage. The smallest decline of -24% was in 2021.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/AN/AN/A12.60%
France19.95.88.93.3-45.1%
NetherlandsN/AN/A25.21.5-94.0%
Portugal39.932.62.9N/A-73.0%
Romania65.87.00.7N/A-89.7%
Others9.812.96.60.2-72.7%
Total13558.244.317.5-49.4%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Morocco in 2022:

  1. Saudi Arabia (4.3 tons)
  2. France (0.2 tons)
  3. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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