Glass Fibre Voiles Price in Morocco - 2021

Contents:

  1. Glass Fibre Voiles Price in Morocco (CIF) - 2021
  2. Glass Fibre Voiles Price in Morocco (FOB) - 2022
  3. Glass Fibre Voiles Imports in Morocco
  4. Glass Fibre Voiles Exports in Morocco

Glass Fibre Voiles Price in Morocco (CIF) - 2021

The average glass fibre voiles import price stood at $4,454 per ton in December 2021, almost unchanged from the previous month. Overall, the import price saw tangible growth. The pace of growth was the most pronounced in July 2021 an increase of 157% m-o-m. As a result, import price reached the peak level of $8,841 per ton. From August 2021 to December 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was China ($5,090 per ton), while the price for the Netherlands ($3,061 per ton) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Glass Fibre Voiles Price in Morocco (FOB) - 2022

The average glass fibre voiles export price stood at $7,665 per ton in 2022, jumping by 16% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 72% against the previous year. Over the period under review, the average export prices hit record highs at $10,154 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($8,751 per ton), while the average price for exports to Benin stood at $6,618 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Glass Fibre Voiles Imports in Morocco

After three years of growth, supplies from abroad of glass fibre voiles decreased by -19.5% to 1K tons in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 64%. As a result, imports attained the peak of 1.2K tons, and then contracted remarkably in the following year.

In value terms, glass fibre voiles imports fell significantly to $3M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 73%. As a result, imports attained the peak of $3.8M, and then fell rapidly in the following year.

Import of Glass Fibre Voiles in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5087151,06784818.6%
Poland377472409362-1.3%
Netherlands30.865.7359286110.2%
Czech Republic28.458.018714873.4%
Spain28.810617914270.2%
France23.117.414011168.7%
United Kingdom67.510610785.48.2%
Others4326741,3751,03633.9%
Total1,4962,2153,8243,01926.4%

Top Suppliers of Glass Fibre Voiles to Morocco in 2022:

  1. China (258.7 tons)
  2. Poland (145.1 tons)
  3. Netherlands (109.2 tons)
  4. Czech Republic (45.4 tons)
  5. Spain (27.0 tons)
  6. France (24.7 tons)
  7. United Kingdom (10.9 tons)

Glass Fibre Voiles Exports in Morocco

In 2022, after three years of growth, there was significant decline in shipments abroad of glass fibre voiles, when their volume decreased by -44.6% to 1.3 tons. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 152%. As a result, the exports reached the peak of 2.4 tons, and then dropped remarkably in the following year.

In value terms, glass fibre voiles exports contracted significantly to $10K in 2022. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 244% against the previous year. As a result, the exports reached the peak of $16K, and then fell sharply in the following year.

Export of Glass Fibre Voiles in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire4.72.40.75.87.3%
Benin1.20.90.54.555.4%
Mali0.7N/AN/AN/A0%
OmanN/AN/A13.8N/A0%
MauritaniaN/A0.5N/AN/A0%
OthersN/A0.80.9N/A12.5%
Total6.64.615.910.316.0%

Top Export Markets for Glass Fibre Voiles from Morocco in 2022:

  1. Benin (683.0 kg)
  2. Cote d'Ivoire (659.0 kg)

Source: IndexBox Market Intelligence Platform

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