Morocco: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Morocco

In 2021, the Moroccan quilted textile products market decreased by -9.5% to $X, falling for the second year in a row after six years of growth. In general, consumption continues to indicate a noticeable decline. Quilted textile products consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Quilted Textile Products Exports

Exports from Morocco

In 2021, approx. X tons of quilted textile products in the piece (excluding embroidery) were exported from Morocco; growing by 14% compared with 2020. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 2,036%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, quilted textile products exports fell to $X in 2021. Overall, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by 1,427%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

France (X tons) was the main destination for quilted textile products exports from Morocco, with a 58% share of total exports. Moreover, quilted textile products exports to France exceeded the volume sent to the second major destination, Italy (X tons), threefold. Kenya (X tons) ranked third in terms of total exports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled +79.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+58.6% per year) and Kenya (-12.5% per year).

In value terms, France ($X) emerged as the key foreign market for quilted textile products in the piece (excluding embroidery) exports from Morocco, comprising 54% of total exports. The second position in the ranking was taken by Spain ($X), with a 13% share of total exports. It was followed by Kenya, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +66.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-16.3% per year) and Kenya (+20.4% per year).

Export Prices by Country

The average quilted textile products export price stood at $X per ton in 2021, waning by -21.4% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 56%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+47.2%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports

Imports into Morocco

In 2021, overseas purchases of quilted textile products in the piece (excluding embroidery) decreased by -1.1% to X tons, falling for the second year in a row after six years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 27% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, quilted textile products imports fell to $X in 2021. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when imports increased by 20%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Spain (X tons) and Turkey (X tons) were the main suppliers of quilted textile products imports to Morocco, with a combined 90% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +78.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest quilted textile products suppliers to Morocco were Spain ($X), China ($X) and Turkey ($X), together comprising 82% of total imports.

China, with a CAGR of +73.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average quilted textile products import price amounted to $X per ton, declining by -10% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 an increase of 4.6% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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