Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco (CIF) - 2022

The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $1,880 per unit in 2022, reducing by -86.1% against the previous year. Over the period under review, the import price continues to indicate a precipitous setback. The growth pace was the most rapid in 2018 an increase of 66%. The import price peaked at $24,781 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($14,051 per unit), while the price for India ($58 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco

In 2022, approx. 7 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were imported into Morocco; waning by -50% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. Imports peaked at 14 units in 2021, and then dropped dramatically in the following year.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses dropped markedly to $21K in 2022. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 343% against the previous year. As a result, imports reached the peak of $297K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland33.493.851.014.1-25.0%
Turkey6.218.410.63.1-20.6%
China12.65.532.21.5-50.8%
Italy8.71460.80.9-53.1%
Taiwan (Chinese)1.95.32.80.8-25.0%
France0.82.11.00.2-37.0%
India3.726.723.10.1-70.0%
OthersN/AN/AN/AN/A0%
Total67.229712120.7-32.5%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Morocco in 2022:

  1. Turkey (1.0 units)
  2. Italy (1.0 units)
  3. Taiwan (Chinese) (1.0 units)
  4. India (1.0 units)
  5. France (1.0 units)
  6. China (1.0 units)
  7. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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