Price for Fibres; Synthetic Filament Tow, of Polyesters in Morocco - 2023

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Morocco (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Morocco

Price for Fibres; Synthetic Filament Tow, of Polyesters in Morocco (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $3,279 per ton, rising by 3.6% against the previous year. In general, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 27% against the previous year. The import price peaked at $9,220 per ton in 2012; however, from 2013 to 2022, 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 France ($11,233 per ton), while the price for China ($2,956 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.6%), while the prices for the other major suppliers experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Morocco

In 2022, the amount of fibres; synthetic filament tow, of polyesterses imported into Morocco surged to 257 tons, picking up by 40% compared with the previous year. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 339%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polyesterses skyrocketed to $844K in 2022. Overall, imports saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 455%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China58023.64427076.8%
France26.214.941.870.439.0%
Spain26.114.538.836.211.5%
United Kingdom10.37.018.430.243.1%
Bulgaria11.321.5N/AN/A90.3%
OthersN/A23.641.8N/A77.1%
Total6541055838448.9%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Morocco in 2022:

  1. China (239.3 tons)
  2. France (6.3 tons)
  3. United Kingdom (6.0 tons)
  4. Spain (5.9 tons)

Source: IndexBox Market Intelligence Platform

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