Price for Fibres; Synthetic Filament Tow, of Polypropylene in Morocco - 2022

Contents:

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

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

The average import price for fibres; synthetic filament tow, of polypropylene stood at $2,276 per ton in 2022, which is down by -9.3% against the previous year. Overall, the import price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 9,985%. As a result, import price reached the peak level of $221,733 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.9% per year.

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

Imports of fibres; synthetic filament tow, of polypropylene into Morocco stood at 1.8 tons in 2022, surging by 6.3% against 2021. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polypropylene shrank modestly to $4K in 2022. Over the period under review, imports, however, recorded a noticeable setback. The smallest decline of -3.6% was in 2021.

Import of Fibres; Synthetic Filament Tow, of Polypropylene in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain4.54.34.24.0-3.9%
OthersN/AN/AN/AN/A0%
Total4.54.34.24.0-3.9%

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

  1. Spain (1.8 tons)

Source: IndexBox Market Intelligence Platform

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