Price for Tents of Synthetic Fibres in Morocco - 2022
Contents:
- Price for Tents of Synthetic Fibres in Morocco (CIF) - 2022
- Price for Tents of Synthetic Fibres in Morocco (FOB) - 2022
- Imports of Tents of Synthetic Fibres in Morocco
- Exports of Tents of Synthetic Fibres in Morocco
Price for Tents of Synthetic Fibres in Morocco (CIF) - 2022
The average tents of synthetic fibres import price stood at $7,526 per ton in 2022, falling by -38.2% against the previous year. Overall, the import price, however, continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31%. The import price peaked at $12,176 per ton in 2021, and then declined rapidly in the following year.
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 ($18,280 per ton), while the price for Belgium ($5,181 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Morocco (FOB) - 2022
The average tents of synthetic fibres export price stood at $5,397 per ton in 2022, which is down by -13.4% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres export price increased by +19.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 60%. As a result, the export price attained the peak level of $8,613 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($9,625 per ton), while the average price for exports to Mauritania ($4,258 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 (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Synthetic Fibres in Morocco
After three years of growth, supplies from abroad of tents of synthetic fibreses decreased by -43.8% to 120 tons in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 16%.
In value terms, tents of synthetic fibres imports declined dramatically to $901K in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year.
| Import of Tents of Synthetic Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 897 | 694 | 1,349 | 591 | -13.0% |
| Bangladesh | 13.9 | 49.1 | 130 | 201 | 143.6% |
| Vietnam | 24.4 | 66.8 | 43.4 | 51.2 | 28.0% |
| Belgium | 2.1 | 10.3 | 0.3 | 14.3 | 89.5% |
| France | 434 | 0.1 | 21.8 | 9.8 | -71.7% |
| Italy | 10.7 | 1.1 | 1,038 | 1.3 | -50.5% |
| Spain | 276 | 1,500 | 0.6 | 0.9 | -85.2% |
| Others | 31.1 | 17.9 | 9.5 | 31.2 | 0.1% |
| Total | 1,690 | 2,340 | 2,593 | 901 | -18.9% |
Top Suppliers of Tents of Synthetic Fibres to Morocco in 2022:
- China (89.5 tons)
- Bangladesh (19.7 tons)
- Vietnam (4.9 tons)
- Belgium (2.8 tons)
- France (0.5 tons)
- Italy (0.1 tons)
- Spain (0.1 tons)
Exports of Tents of Synthetic Fibres in Morocco
In 2022, exports of tents of synthetic fibreses from Morocco expanded notably to 133 tons, surging by 10% against the year before. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, tents of synthetic fibres exports reduced modestly to $720K in 2022. Overall, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 132%.
| Export of Tents of Synthetic Fibres in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 272 | 296 | 486 | 392 | 13.0% |
| Mauritania | N/A | 5.1 | 91.6 | 201 | 527.8% |
| United Arab Emirates | 1.6 | 5.2 | 90.7 | 92.4 | 286.5% |
| Saudi Arabia | N/A | 10.4 | 3.7 | 3.4 | -42.8% |
| France | 694 | 5.4 | 12.7 | 0.4 | -91.7% |
| Others | 17.6 | 4.0 | 69.5 | 30.9 | 20.6% |
| Total | 986 | 326 | 754 | 720 | -9.9% |
Top Export Markets for Tents of Synthetic Fibres from Morocco in 2022:
- France (undefined tons)
- Spain (71.4 tons)
- Mauritania (47.1 tons)
- United Arab Emirates (11.2 tons)
- Saudi Arabia (0.4 tons)
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