Price for Track Suits; of Cotton, Knitted or Crocheted in Morocco - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Morocco
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Morocco
Price for Track Suits; of Cotton, Knitted or Crocheted in Morocco (CIF) - 2022
The average import price for track suits; of cotton, knitted or crocheted stood at $15 per unit in 2022, rising by 27% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Vietnam ($22 per unit), while the price for the Philippines ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Morocco (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $16 per unit, increasing by 18% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of cotton, knitted or crocheted decreased by -29.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 99%. As a result, the export price attained the peak level of $23 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($20 per unit), while the average price for exports to Spain ($13 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 the United Arab Emirates (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Morocco
In 2022, approx. 95K units of track suits; of cotton, knitted or crocheted were imported into Morocco; growing by 31% on the previous year's figure. The total import volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of cotton, knitted or crocheted surged to $1.4M in 2022. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Track Suits; of Cotton, Knitted or Crocheted in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 252 | 443 | 414 | 617 | 34.8% |
Turkey | 557 | 167 | 83.2 | 334 | -15.7% |
Cambodia | 61.4 | 26.6 | 116 | 189 | 45.5% |
Vietnam | 1.2 | 27.0 | 113 | 132 | 379.1% |
Thailand | 14.2 | 5.9 | 64.3 | 31.8 | 30.8% |
Indonesia | 9.9 | 3.1 | 1.3 | 18.8 | 23.8% |
Philippines | 1.7 | 8.1 | 8.1 | 15.4 | 108.5% |
Others | 85.1 | 28.8 | 56.1 | 89.4 | 1.7% |
Total | 982 | 710 | 856 | 1,427 | 13.3% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Morocco in 2022:
- China (45.5K units)
- Turkey (23.0K units)
- Cambodia (12.5K units)
- Vietnam (6.0K units)
- Thailand (2.5K units)
- Indonesia (1.7K units)
- Philippines (1.4K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Morocco
In 2022, the amount of track suits; of cotton, knitted or crocheted exported from Morocco reached 8.2K units, surging by 14% against 2021 figures. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 744% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $133K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 407% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Track Suits; of Cotton, Knitted or Crocheted in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 77.7 | 0% |
France | 34.6 | 19.3 | 22.0 | 22.8 | -13.0% |
Spain | N/A | N/A | 70.8 | 22.2 | -68.6% |
United Arab Emirates | 0.1 | 0.1 | 1.3 | 9.7 | 359.5% |
Senegal | N/A | N/A | 2.7 | N/A | 0% |
Algeria | 27.3 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 1.6 | 0.6 | -62.5% |
Total | 62.0 | 19.4 | 98.4 | 133 | 29.0% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Morocco in 2022:
- Germany (4.6K units)
- Spain (1.7K units)
- France (1.4K units)
- United Arab Emirates (0.5K units)
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In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
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