Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco - 2023

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco (CIF) - 2022
  2. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco (CIF) - 2022

In 2022, the average import price for yarn; of fine animal hair, carded, not put up for retail sale amounted to $28,764 per ton, shrinking by -28.4% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs at $40,173 per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($161,000 per ton), while the price for France ($18,751 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco

In 2022, the amount of yarn; of fine animal hair, carded, not put up for retail sale imported into Morocco fell dramatically to 578 kg, waning by -70.5% compared with the previous year. In general, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,130%. As a result, imports attained the peak of 2 tons, and then reduced rapidly in the following year.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale dropped rapidly to $16K in 2022. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,658%. As a result, imports reached the peak of $67K, and then declined significantly in the following year.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.50.112.89.539.5%
Italy8.31.840.36.2-9.3%
China0.2N/A13.70.535.7%
OthersN/A0.4N/AN/A0%
Total12.02.466.816.210.5%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Morocco in 2022:

  1. France (506.0 kg)
  2. Italy (69.0 kg)
  3. China (3.0 kg)

Source: IndexBox Market Intelligence Platform

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