Price for Fine or Coarse Animal Hair, Not Carded or Combed in Morocco - 2022

Contents:

1. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Morocco (FOB) - 2022
2. Price for Fine or Coarse Animal Hair, Not Carded or Combed in Morocco (CIF) - 2022
3. Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Morocco
4. Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Morocco

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Morocco (FOB) - 2022

The average export price for fine or coarse animal hair, not carded or combed stood at $20,323 per ton in 2022, falling by -26.5% against the previous year. Over the period under review, the export price, however, posted significant growth. Over the period under review, the average export prices hit record highs at $33,845 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.5% per year.

Price for Fine or Coarse Animal Hair, Not Carded or Combed in Morocco (CIF) - 2022

The average import price for fine or coarse animal hair, not carded or combed stood at $4,450 per ton in 2022, jumping by 35% against the previous year. Over the period under review, the import price, however, faced a abrupt shrinkage. The import price peaked at $14,935 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,000 per ton), while the price for France ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.9%), while the prices for the other major suppliers experienced a decline.

Exports of Fine or Coarse Animal Hair, Not Carded or Combed in Morocco

In 2022, the amount of fine or coarse animal hair, not carded or combed exported from Morocco skyrocketed to 62 kg, picking up by 63% compared with the previous year. In general, total exports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +63.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fine or coarse animal hair, not carded or combed surged to $1.3K in 2022. The total export value increased at an average annual rate of +20.0% from 2021 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fine or Coarse Animal Hair, Not Carded or Combed from Morocco in 2022:

1. Switzerland (62.0 kg)

Imports of Fine or Coarse Animal Hair, Not Carded or Combed in Morocco

In 2022, overseas purchases of fine or coarse animal hair, not carded or combed decreased by -23.1% to 20 kg, falling for the second consecutive year after two years of growth. Overall, imports faced a sharp curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 122%. As a result, imports reached the peak of 8.1 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fine or coarse animal hair, not carded or combed rose modestly to $89 in 2022. Over the period under review, imports recorded a sharp descent. The growth pace was the most rapid in 2020 with an increase of 87%. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Fine or Coarse Animal Hair, Not Carded or Combed to Morocco in 2022:

1. Italy (17.0 kg)
2. Switzerland (1.0 kg)
3. Spain (1.0 kg)
4. France (1.0 kg)

Source: IndexBox Market Intelligence Platform