Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco - 2023

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco (CIF) - 2023
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco (FOB) - 2023
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco (CIF) - 2023

The average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $3.5 per square meter in June 2023, almost unchanged from the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average import price increased by 18% m-o-m. Over the period under review, average import prices reached the peak figure at $3.9 per square meter in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11.1 per square meter), while the price for Thailand ($1.1 per square meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco (FOB) - 2023

The average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $2.6 per square meter in June 2023, reducing by -5.8% against the previous month. In general, the export price continues to indicate a slight slump. The pace of growth was the most pronounced in November 2022 an increase of 47% month-to-month. As a result, the export price reached the peak level of $4.8 per square meter. From December 2022 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Spain ($4.4 per square meter), while the average price for exports to Romania ($2.2 per square meter) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco

In 2022, after two years of decline, there was significant growth in overseas purchases of textile fabrics; impregnated, coated, covered or laminated with polyurethanes, when their volume increased by 16% to 24M square meters. Overall, imports, however, recorded a deep contraction. Over the period under review, imports of attained the peak figure at 28M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $84M in 2022. Over the period under review, imports, however, recorded a pronounced decline. Over the period under review, imports of hit record highs at $92M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Morocco in 2022:

1. Spain (6.1M square meters)
2. France (5.6M square meters)
3. Portugal (4.0M square meters)
4. China (2.3M square meters)
5. Poland (1.2M square meters)
6. Turkey (0.8M square meters)
7. Germany (0.8M square meters)
8. Romania (0.7M square meters)
9. Slovakia (0.6M square meters)
10. United Kingdom (0.5M square meters)
11. Italy (0.4M square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Morocco

For the third year in a row, Morocco recorded decline in overseas shipments of textile fabrics; impregnated, coated, covered or laminated with polyurethanes, which decreased by -12.8% to 625K square meters in 2022. Over the period under review, exports recorded a abrupt decrease. The smallest decline of -3.9% was in 2020. Over the period under review, the exports of hit record highs at 848K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes reduced remarkably to $2.1M in 2022. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, the exports reached the peak of $3.4M, and then dropped dramatically in the following year.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Morocco in 2022:

1. Poland (245.7K square meters)
2. Portugal (110.5K square meters)
3. Turkey (101.1K square meters)
4. Spain (73.3K square meters)
5. Romania (29.4K square meters)
6. Germany (23.5K square meters)
7. Czech Republic (20.4K square meters)

Source: IndexBox Market Intelligence Platform