Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco
  4. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $19,107 per ton, shrinking by -9% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of nylon or other polyamideses increased by +61.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 94%. As a result, import price reached the peak level of $22,195 per ton. From 2016 to 2022, the average 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 ($60,167 per ton), while the price for Turkey ($17,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (FOB) - 2022

The average export price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $14,400 per ton in 2021, stabilizing at the previous year. Over the period under review, the export price showed a sharp setback. The pace of growth was the most pronounced in 2019 a decrease of -29.8%. Over the period under review, the average export prices reached the maximum at $98,000 per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From 2015 to 2021, the rate of growth in terms of prices for Thailand amounted to +184.3% per year.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco

In 2022, after two years of decline, there was significant growth in overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses, when their volume increased by 36% to 307 kg. Overall, imports, however, continue to indicate a deep contraction.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses soared to $5.9K in 2022. In general, imports, however, continue to indicate a deep downturn.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.23.73.34.73.8%
Spain0.80.50.30.5-14.5%
United Kingdom0.40.30.30.40.0%
Turkey1.40.80.40.3-40.2%
Others0.80.10.40.1-50.0%
Total7.65.34.75.9-8.1%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Morocco in 2022:

  1. China (273.0 kg)
  2. Turkey (18.0 kg)
  3. Spain (8.0 kg)
  4. United Kingdom (6.0 kg)

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco

In 2021, exports of fibres; synthetic filament tow, of nylon or other polyamideses from Morocco was estimated at 75 kg, approximately reflecting the year before. Overall, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses amounted to $1.1K in 2021. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure in 2021 and are likely to continue growth in the near future.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Morocco (USD)
COUNTRY201920202021CAGR,
2019-2021
SenegalN/AN/A1,0800%
Thailand199N/AN/A0%
OthersN/AN/AN/A0%
Total199N/A1,080133.0%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from Morocco in 2022:

  1. Senegal (75.0 kg)

Source: IndexBox Market Intelligence Platform

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