Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco - 2023
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (CIF) - 2023
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (CIF) - 2023
The average import price for yarn of carded wool, not put up for retail sale stood at $14,456 per ton in June 2023, surging by 4.7% against the previous month. Over the period under review, the import price posted a notable increase. The growth pace was the most rapid in December 2022 an increase of 194% m-o-m. As a result, import price attained the peak level of $25,977 per ton. From January 2023 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($19,396 per ton), while the price for China ($6,184 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $11,858 per ton, shrinking by -31.8% against the previous year. Over the period under review, the export price, however, posted perceptible growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 145%. As a result, the export price attained the peak level of $17,377 per ton, and then contracted markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($33,026 per ton), while the average price for exports to France ($5,946 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 Germany (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco
In 2022, the amount of yarn of carded wool, not put up for retail sale imported into Morocco was estimated at 92 tons, with an increase of 9.2% compared with the previous year's figure. Overall, imports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.
In value terms, imports of yarn of carded wool, not put up for retail sale rose notably to $915K in 2022. In general, imports, however, faced a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 196 | 229 | 360 | 394 | 26.2% |
| Italy | 544 | 123 | 183 | 301 | -17.9% |
| France | 119 | 69.2 | 103 | 63.4 | -18.9% |
| Spain | N/A | 60.7 | 94.2 | 43.4 | -15.4% |
| China | 405 | 52.9 | 21.6 | 41.6 | -53.2% |
| India | 14.5 | 0.3 | 15.9 | 40.6 | 40.9% |
| Germany | 30.0 | 20.2 | 35.1 | 8.0 | -35.6% |
| Others | 13.8 | 73.3 | 8.0 | 23.5 | 19.4% |
| Total | 1,323 | 628 | 821 | 915 | -11.6% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Morocco in 2022:
- Portugal (58.4 tons)
- Italy (15.6 tons)
- China (6.1 tons)
- France (5.2 tons)
- India (2.9 tons)
- Spain (2.1 tons)
- Germany (0.7 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco
For the third year in a row, Morocco recorded decline in shipments abroad of yarn of carded wool, not put up for retail sale, which decreased by -1% to 1.1 tons in 2022. Over the period under review, exports faced a sharp decrease.
In value terms, exports of yarn of carded wool, not put up for retail sale plummeted to $14K in 2022. Overall, exports showed a sharp curtailment.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 53.7 | 17.5 | 20.0 | 7.7 | -47.7% |
| France | 14.9 | 9.8 | N/A | 5.1 | -30.0% |
| Qatar | N/A | N/A | N/A | 0.7 | 0% |
| Others | N/A | 5.3 | 0.1 | 0.1 | -86.3% |
| Total | 68.6 | 32.6 | 20.1 | 13.6 | -41.7% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Morocco in 2022:
- France (863.0 kg)
- Germany (234.0 kg)
- Qatar (48.0 kg)
382
This report provides an in-depth analysis of the woolen yarn market in Morocco.
1790
This report provides an in-depth analysis of the global woolen yarn market.
382
This report provides an in-depth analysis of the woolen yarn market in Morocco.
1790
This report provides an in-depth analysis of the global woolen yarn market.
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