Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco - 2023

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco (CIF) - 2022

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3 per square meter, which is down by -9.9% against the previous year. In general, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 39% against the previous year. The import price peaked at $4.6 per square meter in 2015; however, from 2016 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 Italy ($5.6 per square meter), while the price for France ($1.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $2.5 per square meter, with a decrease of -13.6% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 96% against the previous year. The export price peaked at $12 per square meter 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 Germany ($8.8 per square meter), while the average price for exports to Slovakia ($2.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+21.3%), while the prices for the other major destinations experienced a decline.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco

Imports of textile fabrics, rubberised; other than those of heading no. 5902s into Morocco soared to 5.1M square meters in 2022, with an increase of 39% on the previous year. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $15M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 67%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Morocco in 2022:

1. Spain (2674.0K square meters)
2. Germany (1786.0K square meters)
3. China (325.0K square meters)
4. France (171.4K square meters)
5. Portugal (4.0K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Morocco

After three years of growth, shipments abroad of textile fabrics, rubberised; other than those of heading no. 5902s decreased by -44.1% to 23K square meters in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 808%. As a result, the exports attained the peak of 41K square meters, and then fell notably in the following year.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s reduced remarkably to $57K in 2022. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 414% against the previous year. As a result, the exports reached the peak of $119K, and then plummeted in the following year.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Morocco in 2022:

1. Spain (20.0K square meters)
2. Austria (0.4K square meters)
3. Slovakia (0.4K square meters)
4. Tunisia (0.2K square meters)
5. Germany (0.2K square meters)

Source: IndexBox Market Intelligence Platform