Morocco: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2025

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Morocco

In 2022, the Moroccan spindles and spindle flyer market increased by 61% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed measured growth. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Morocco

In 2022, overseas shipments of spindles and spindle flyers, spinning ring and ring travellers were finally on the rise to reach X kg after two years of decline. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, spindles and spindle flyer exports soared to $X in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 242% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for spindles and spindle flyer exports from Morocco, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to +203.4%.

In value terms, France ($X) also remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from Morocco.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at +55.4%.

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, which is down by -46.8% against the previous year. In general, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 217% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +9.5% per year.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Morocco

In 2022, overseas purchases of spindles and spindle flyers, spinning ring and ring travellers increased by 84% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 331% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spindles and spindle flyer imports surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 180%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of spindles and spindle flyer to Morocco, accounting for a 58% share of total imports. Moreover, spindles and spindle flyer imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), fourfold. The third position in this ranking was taken by Italy (X kg), with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+27.8% per year) and Italy (+21.9% per year).

In value terms, China ($X), France ($X) and Germany ($X) were the largest spindles and spindle flyer suppliers to Morocco, with a combined 63% share of total imports. Italy, India and Spain lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, India, with a CAGR of +24.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spindles and spindle flyer import price stood at $X per ton in 2022, with a decrease of -31.1% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 72% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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