Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (CIF) - 2023
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (CIF) - 2023
In June 2023, the average import price for yarn of combed wool, not put up for retail sale amounted to $22,199 per ton, shrinking by -16.7% against the previous month. Over the period under review, the import price showed a mild reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 33% m-o-m. Over the period under review, average import prices reached the peak figure at $34,381 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35,254 per ton), while the price for Italy ($20,311 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 Australia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $23,957 per ton, declining by -26% against the previous year. Over the period under review, the export price, however, recorded temperate growth. The pace of growth was the most pronounced in 2013 an increase of 246% against the previous year. As a result, the export price reached the peak level of $56,506 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($27,050 per ton), while the average price for exports to France ($3,000 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 Mauritania (+41.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco
In 2022, imports of yarn of combed wool, not put up for retail sale into Morocco surged to 235 tons, picking up by 33% against the previous year's figure. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 49%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of yarn of combed wool, not put up for retail sale soared to $6.2M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,173 | 1,517 | 2,055 | 2,798 | 33.6% |
| Belgium | 563 | 477 | 1,062 | 1,091 | 24.7% |
| United Kingdom | 214 | 333 | 736 | 870 | 59.6% |
| Czech Republic | 189 | 624 | 652 | 650 | 50.9% |
| Germany | 510 | 301 | 220 | 469 | -2.8% |
| Australia | N/A | N/A | 0.3 | 250 | 83233.3% |
| France | 50.9 | 4.6 | 69.4 | 33.5 | -13.0% |
| Others | 278 | 73.7 | 47.3 | 75.1 | -35.4% |
| Total | 2,978 | 3,330 | 4,843 | 6,237 | 27.9% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Morocco in 2022:
- Italy (106.1 tons)
- Belgium (42.2 tons)
- Czech Republic (27.4 tons)
- United Kingdom (25.5 tons)
- Germany (14.7 tons)
- Australia (13.4 tons)
- France (2.2 tons)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco
In 2022, shipments abroad of yarn of combed wool, not put up for retail sale decreased by -68.5% to 23 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, the exports attained the peak of 1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of yarn of combed wool, not put up for retail sale dropped dramatically to $551 in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. As a result, the exports reached the peak of $55K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.6 | 49.0 | 2.0 | 0.5 | -74.9% |
| United States | N/A | N/A | N/A | N/A | 0% |
| France | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Italy | N/A | 6.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 31.7 | 55.2 | 2.4 | 0.6 | -73.3% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Morocco in 2022:
- Germany (20.0 kg)
- United States (1.0 kg)
- France (1.0 kg)
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