Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $11 per unit in 2022, increasing by 17% against the previous year. In general, the import price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 27%. Over the period under review, average import prices hit record highs at $14 per unit in 2014; however, from 2015 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 Cambodia ($20 per unit), while the price for Egypt ($3.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $4.2 per unit in 2022, with a decrease of -11.9% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 41%. The export price peaked at $13 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($12 per unit), while the average price for exports to Spain stood at $3.8 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-0.3%), while the prices for the other major destinations experienced a decline.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco
In 2022, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -12.2% to 181K units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 268K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds expanded slightly to $2M in 2022. Overall, imports, however, showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 482 | 404 | 610 | 763 | 16.5% |
| China | 863 | 1,282 | 828 | 696 | -6.9% |
| India | N/A | 16.6 | 13.0 | 115 | 163.2% |
| Cambodia | 157 | 41.7 | 93.1 | 111 | -10.9% |
| Indonesia | 39.8 | 12.4 | 22.7 | 67.8 | 19.4% |
| Sri Lanka | N/A | 0.3 | 78.6 | 40.4 | 1060.5% |
| Egypt | 94.4 | 38.5 | 13.0 | 16.1 | -44.5% |
| Bangladesh | 47.3 | 88.9 | 68.9 | 14.2 | -33.0% |
| Turkey | 177 | 6.0 | 24.6 | 5.9 | -67.8% |
| Mauritania | 29.3 | N/A | N/A | N/A | 0% |
| Others | 55.9 | 83.0 | 179 | 150 | 39.0% |
| Total | 1,946 | 1,973 | 1,930 | 1,980 | 0.6% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Morocco in 2022:
- Vietnam (80.1K units)
- China (56.4K units)
- India (14.8K units)
- Cambodia (5.6K units)
- Sri Lanka (5.6K units)
- Indonesia (5.2K units)
- Egypt (4.3K units)
- Bangladesh (1.1K units)
- Turkey (0.9K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco
Exports of track suits; of synthetic fibres, knitted or crocheteds from Morocco skyrocketed to 302K units in 2022, jumping by 41% on 2021. In general, exports saw mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 55%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $1.3M in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 43%. Over the period under review, the exports of reached the maximum at $1.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,483 | 591 | 847 | 1,126 | -8.8% |
| Cote d'Ivoire | 65.9 | 0.6 | 102 | 95.5 | 13.2% |
| France | 38.4 | 58.1 | 70.8 | 24.7 | -13.7% |
| United Kingdom | N/A | 66.1 | N/A | 6.9 | -67.7% |
| Others | 18.4 | 1.3 | 4.6 | 20.6 | 3.8% |
| Total | 1,606 | 717 | 1,024 | 1,273 | -7.5% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Morocco in 2022:
- Spain (293.1K units)
- Cote d'Ivoire (3.4K units)
- France (2.1K units)
- United Kingdom (1.9K units)
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