Price for Handkerchiefs (Not Knitted or Crocheted) in Morocco - 2022

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Morocco (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Morocco (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Morocco
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Morocco

Price for Handkerchiefs (Not Knitted or Crocheted) in Morocco (CIF) - 2022

In 2022, the average import price for handkerchiefs (not knitted or crocheted)s amounted to $1.6 per unit, picking up by 8.2% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, handkerchiefs (not knitted or crocheted) import price increased by +97.1% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 39%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($4.3 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Morocco (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $1.6 per unit in 2022, falling by -21.3% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 60% against the previous year. The export price peaked at $3.2 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1.7 per unit), while the average price for exports to the United States ($0.9 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 Spain (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Morocco

Handkerchiefs (not knitted or crocheted) imports into Morocco reduced sharply to 181K units in 2022, falling by -25.6% compared with 2021. In general, imports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked at 410K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports shrank remarkably to $296K in 2022. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 28%. Imports peaked at $430K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Handkerchiefs (Not Knitted or Crocheted) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal377269362280-9.4%
China36.37.92.76.9-42.5%
Turkey8.06.32.14.1-20.0%
Others8.75.21.85.5-14.2%
Total430289369296-11.7%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Morocco in 2022:

  1. Portugal (164.2K units)
  2. China (12.4K units)
  3. Turkey (3.1K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Morocco

In 2022, shipments abroad of handkerchiefs (not knitted or crocheted)s decreased by -22.9% to 114K units, falling for the second year in a row after two years of growth. In general, exports, however, showed a measured expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 101% against the previous year. As a result, the exports reached the peak of 205K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) exports declined notably to $184K in 2022. Over the period under review, exports, however, continue to indicate a temperate increase. The pace of growth was the most pronounced in 2020 with an increase of 222% against the previous year. As a result, the exports reached the peak of $546K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Handkerchiefs (Not Knitted or Crocheted) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1165002431478.2%
France7.015.928.513.624.8%
United States1.41.214.36.264.2%
Japan22.85.94.23.4-47.0%
Italy2.87.40.53.02.3%
Others19.716.212.111.0-17.7%
Total1705463031842.7%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Morocco in 2022:

  1. United Kingdom (87.3K units)
  2. France (10.0K units)
  3. United States (6.5K units)
  4. Italy (3.0K units)
  5. Japan (2.3K units)

Source: IndexBox Market Intelligence Platform

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