Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco - 2023
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $2,820 per ton, which is down by -14.7% against the previous year. In general, the import price faced a deep contraction. The growth pace was the most rapid in 2017 an increase of 41%. Over the period under review, average import prices attained the maximum at $9,172 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 France ($24,834 per ton), while the price for China ($2,671 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $3,050 per ton in 2022, picking up by 89% against the previous year. Overall, the export price, however, showed a pronounced setback. Over the period under review, the average export prices reached the peak figure at $5,464 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($4,036 per ton), while the average price for exports to Spain ($690 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 France (-3.5%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco
In 2022, the amount of wadding; other articles thereof, other than of cotton or man-made fibreses imported into Morocco surged to 84 tons, picking up by 84% against the previous year's figure. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $236K in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.1 | 92.4 | 100 | 219 | 56.5% |
| Spain | 14.8 | 7.1 | 26.3 | 2.6 | -44.0% |
| Turkey | 3.8 | N/A | 17.6 | 1.3 | -30.1% |
| Others | 4.4 | 2.7 | 6.0 | 13.2 | 44.2% |
| Total | 80.1 | 102 | 150 | 236 | 43.4% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Morocco in 2022:
- China (81.9 tons)
- Spain (0.4 tons)
- Turkey (0.1 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco
After three years of growth, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -91.5% to 4.7 tons in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 252%. As a result, the exports attained the peak of 55 tons, and then plummeted in the following year.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses declined markedly to $14K in 2022. Overall, exports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 112%.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 19.2 | 42.5 | 86.6 | 8.3 | -24.4% |
| France | 0.1 | N/A | 1.0 | 4.7 | 260.9% |
| Sweden | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Spain | 0.1 | 0.3 | 0.6 | 0.1 | 0.0% |
| Others | 0.6 | 0.2 | 0.4 | 1.0 | 18.6% |
| Total | 20.4 | 43.2 | 88.8 | 14.2 | -11.4% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Morocco in 2022:
- Mauritania (2916.0 kg)
- France (1152.0 kg)
- Sweden (368.0 kg)
- Spain (84.0 kg)
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