Price for Wool; (Not Carded or Combed), Carbonised in Morocco - 2022
Contents:
- Price for Wool; (Not Carded or Combed), Carbonised in Morocco (CIF) - 2022
- Price for Wool; (Not Carded or Combed), Carbonised in Morocco (FOB) - 2022
- Imports of Wool; (Not Carded or Combed), Carbonised in Morocco
- Exports of Wool; (Not Carded or Combed), Carbonised in Morocco
Price for Wool; (Not Carded or Combed), Carbonised in Morocco (CIF) - 2022
The average import price for wool; (not carded or combed), carbonised stood at $9,706 per ton in 2022, rising by 4.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 76% against the previous year. As a result, import price reached the peak level of $10,623 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($17,906 per ton), while the price for Italy totaled $9,354 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.2%).
Price for Wool; (Not Carded or Combed), Carbonised in Morocco (FOB) - 2022
In 2022, the average export price for wool; (not carded or combed), carbonised amounted to $2,372 per ton, approximately reflecting the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 33%. The export price peaked at $2,513 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for France amounted to -9.7% per year.
Imports of Wool; (Not Carded or Combed), Carbonised in Morocco
For the fourth year in a row, Morocco recorded growth in purchases abroad of wool; (not carded or combed), carbonised, which increased by 1.4% to 30 tons in 2022. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 1.4% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wool; (not carded or combed), carbonised rose remarkably to $295K in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 6% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
Import of Wool; (Not Carded or Combed), Carbonised in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 209 | 230 | 251 | 273 | 9.3% |
South Africa | 39.5 | 32.9 | 27.2 | 22.4 | -17.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 248 | 263 | 279 | 295 | 6.0% |
Top Suppliers of Wool; (Not Carded or Combed), Carbonised to Morocco in 2022:
- Italy (29.2 tons)
- South Africa (1.3 tons)
Exports of Wool; (Not Carded or Combed), Carbonised in Morocco
After two years of decline, overseas shipments of wool; (not carded or combed), carbonised decreased by 0% to 654 kg in 2022. In general, exports continue to indicate a dramatic setback. The smallest decline of 99.9% was in 2020.
In value terms, exports of wool; (not carded or combed), carbonised totaled $1.6K in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
Export of Wool; (Not Carded or Combed), Carbonised in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 1.6 | 0% |
France | 22.4 | N/A | N/A | N/A | 0% |
United States | 8.6 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 31.1 | N/A | N/A | 1.6 | -62.8% |
Top Export Markets for Wool; (Not Carded or Combed), Carbonised from Morocco in 2022:
- Germany (654.0 kg)
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