Price for Silk; Woven Fabrics of Noil Silk in Morocco - 2023
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Morocco (FOB) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Morocco (CIF) - 2022
- Exports of Silk; Woven Fabrics of Noil Silk in Morocco
- Imports of Silk; Woven Fabrics of Noil Silk in Morocco
Price for Silk; Woven Fabrics of Noil Silk in Morocco (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $16,601 per ton in 2022, dropping by -16.7% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 235%. Over the period under review, the average export prices attained the peak figure at $49,700 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($24,100 per ton), while the average price for exports to France ($9,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+8.2%), while the prices for the other major destinations experienced a decline.
Price for Silk; Woven Fabrics of Noil Silk in Morocco (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $40,811 per ton in 2022, with an increase of 6.2% against the previous year. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. The import price peaked at $92,845 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Spain ($251,000 per ton), while the price for France ($15,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Silk; Woven Fabrics of Noil Silk in Morocco
In 2022, exports of silk; woven fabrics of noil silks from Morocco soared to 504 kg, surging by 245% on the previous year. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,023% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of silk; woven fabrics of noil silks surged to $8.4K in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 1,392% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Silk; Woven Fabrics of Noil Silk in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,296 | 158 | 2,165 | 6,684 | 72.8% |
| United Arab Emirates | 136 | 12.0 | 90.0 | 631 | 66.8% |
| France | 190 | 22.0 | 278 | 556 | 43.0% |
| Portugal | N/A | N/A | N/A | 482 | 0% |
| Spain | N/A | N/A | 376 | N/A | 0% |
| Others | N/A | 3.0 | N/A | 14.0 | 116.0% |
| Total | 1,622 | 195 | 2,909 | 8,367 | 72.8% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Morocco in 2022:
- Italy (377.0 kg)
- France (56.0 kg)
- United Arab Emirates (45.0 kg)
- Portugal (20.0 kg)
Imports of Silk; Woven Fabrics of Noil Silk in Morocco
In 2022, approx. 180 kg of silk; woven fabrics of noil silks were imported into Morocco; which is down by -49.7% against 2021. In general, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 198% against the previous year. As a result, imports reached the peak of 358 kg, and then contracted notably in the following year.
In value terms, imports of silk; woven fabrics of noil silks reduced notably to $7.3K in 2022. Over the period under review, imports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year.
| Import of Silk; Woven Fabrics of Noil Silk in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 12.1 | 2.4 | 9.1 | 5.0 | -25.5% |
| China | 1.1 | 1.0 | 3.5 | 1.7 | 15.6% |
| Spain | 3.3 | 0.3 | 0.2 | 0.3 | -55.0% |
| Others | 1.9 | 0.3 | 1.0 | 0.3 | -46.0% |
| Total | 18.3 | 4.0 | 13.8 | 7.3 | -26.4% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Morocco in 2022:
- United Arab Emirates (150.0 kg)
- China (17.0 kg)
- Spain (1.0 kg)
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