Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco - 2023

Contents:

1. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco (CIF) - 2022
2. Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco (FOB) - 2022
3. Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco
4. Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco (CIF) - 2022

In 2022, the average import price for woven fabrics of coarse animal hair or of horsehair amounted to $8,830 per ton, with a decrease of -5.8% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13%. Over the period under review, average import prices reached the maximum at $17,915 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Portugal ($10,807 per ton) and China ($8,667 per ton), while the price for Turkey ($8,444 per ton) and Spain ($8,609 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.0%), while the prices for the other major suppliers experienced a decline.

Price for Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco (FOB) - 2022

In 2022, the average export price for woven fabrics of coarse animal hair or of horsehair amounted to $10,762 per ton, stabilizing at the previous year. In general, the export price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2020 an increase of 1,223%. Over the period under review, the average export prices attained the peak figure at $56,799 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +43.4% per year.

Imports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco

In 2022, overseas purchases of woven fabrics of coarse animal hair or of horsehair increased by 38% to 4.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp downturn.

In value terms, imports of woven fabrics of coarse animal hair or of horsehair surged to $41K in 2022. Overall, imports, however, continue to indicate a abrupt decline.

Top Suppliers of Woven Fabrics of Coarse Animal Hair or of Horsehair to Morocco in 2022:

1. Spain (4.1 tons)
2. Portugal (0.5 tons)

Exports of Woven Fabrics of Coarse Animal Hair or of Horsehair in Morocco

Exports of woven fabrics of coarse animal hair or of horsehair from Morocco amounted to 1.3 tons in 2022, approximately equating the previous year's figure. Over the period under review, exports posted a significant expansion. The smallest decline of -79.7% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of woven fabrics of coarse animal hair or of horsehair totaled $14K in 2022. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 168%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Woven Fabrics of Coarse Animal Hair or of Horsehair from Morocco in 2022:

1. Spain (1325.0 kg)

Source: IndexBox Market Intelligence Platform