Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco - 2022

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco (CIF) - 2022
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco (FOB) - 2022
3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco
4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco (CIF) - 2022

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $7.3 per unit in 2022, rising by 15% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure at $9.2 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 France ($125 per unit), while the price for Turkey ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $20 per unit, picking up by 24% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 434% against the previous year. As a result, the export price attained the peak level of $30 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($25 per unit), while the average price for exports to Algeria ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco

In 2022, approx. 1.3M units of handbags with outer surface of plastic sheeting or of textile materialses were imported into Morocco; shrinking by -10.4% compared with the previous year. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Imports peaked at 1.6M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses totaled $9.2M in 2022. In general, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, imports of hit record highs at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Morocco in 2022:

1. China (978.1K units)
2. Turkey (160.4K units)
3. Bangladesh (25.3K units)
4. Myanmar (19.1K units)
5. India (14.2K units)
6. Cambodia (1.4K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Morocco

In 2022, overseas shipments of handbags with outer surface of plastic sheeting or of textile materialses decreased by -1.1% to 161K units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, the exports attained the peak of 246K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses soared to $3.2M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $3.7M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Morocco in 2022:

1. France (120.4K units)
2. United States (13.4K units)
3. Algeria (2.4K units)
4. Germany (2.1K units)
5. Spain (2.0K units)
6. Japan (1.8K units)
7. United Kingdom (0.2K units)

Source: IndexBox Market Intelligence Platform