Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco - 2023

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $3,751 per ton, picking up by 39% against the previous year. Over the period under review, the import price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 41%. Over the period under review, average import prices reached the maximum at $13,896 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($7,400 per ton), while the price for Italy totaled $3,666 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+82.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco (FOB) - 2022

In 2020, the average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters amounted to $5,972 per ton, growing by 4.3% against the previous year. Over the period under review, export price indicated prominent growth from 2014 to 2020: its price increased at an average annual rate of +8.2% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for textile fabrics; tyrecord of high tenacity yarn of polyesters increased by +8.9% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 55% against the previous year. Over the period under review, the average export prices reached the maximum at $7,365 per ton in 2017; however, from 2018 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($14,779 per ton), while the average price for exports to France stood at $124 per ton.

From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+94.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into Morocco expanded to 1.1 tons, with an increase of 3.1% compared with 2021. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 216% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $4K in 2022. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Morocco in 2022:

1. Italy (1058.0 kg)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Morocco

In 2020, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters exported from Morocco soared to 431 kg, rising by 49% on the previous year's figure. In general, total exports indicated a significant expansion from 2019 to 2020: its volume increased at an average annual rate of +48.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters shrank to $2.6K in 2020. Overall, exports, however, showed a abrupt shrinkage.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Morocco in 2022:

1. France (259.0 kg)
2. Spain (172.0 kg)

Source: IndexBox Market Intelligence Platform