Morocco: Market for Table Linen Of Knitted Or Crocheted Textiles 2024

Market Size for Table Linen Of Knitted Or Crocheted Textiles in Morocco

The Moroccan market for table linen of knitted or crocheted textiles surged to $X in 2021, with an increase of 20% against the previous year. Over the period under review, consumption, however, saw a noticeable descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Table Linen Of Knitted Or Crocheted Textiles in Morocco

In value terms, table linen of crocheted textile production soared to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 when the production volume increased by 95%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Table Linen Of Knitted Or Crocheted Textiles

Exports from Morocco

In 2021, after two years of decline, there was significant growth in overseas shipments of table linen of knitted or crocheted textiles, when their volume increased by 21% to X kg. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2018 with an increase of 4,155% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, table linen of crocheted textile exports declined to $X in 2021. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2014 when exports increased by 2,427%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for table linen of crocheted textile exports from Morocco, accounting for a 55% share of total exports. Moreover, table linen of crocheted textile exports to Spain exceeded the volume sent to the second major destination, Switzerland (X kg), fivefold. Denmark (X kg) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+57.6% per year) and Denmark (0.0% per year).

In value terms, Switzerland ($X) remains the key foreign market for table linen of knitted or crocheted textiles exports from Morocco, comprising 63% of total exports. The second position in the ranking was taken by Spain ($X), with a 4.5% share of total exports. It was followed by France, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to Switzerland totaled +80.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+26.3% per year) and France (-6.6% per year).

Export Prices by Country

In 2021, the average export price for table linen of knitted or crocheted textiles amounted to $X per ton, shrinking by -26.6% against the previous year. In general, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2019 an increase of 64%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to Denmark ($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 South Korea (+146.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table Linen Of Knitted Or Crocheted Textiles

Imports into Morocco

In 2021, the amount of table linen of knitted or crocheted textiles imported into Morocco skyrocketed to X tons, growing by 231% against the previous year. Over the period under review, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 7,563%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, table linen of crocheted textile imports surged to $X in 2021. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 1,083% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

China (X kg), France (X kg) and Egypt (X kg) were the main suppliers of table linen of crocheted textile imports to Morocco, together comprising 36% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +23.1%), while purchases for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of table linen of knitted or crocheted textiles to Morocco, comprising 25% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by India, with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.0% per year) and India (-9.3% per year).

Import Prices by Country

In 2021, the average import price for table linen of knitted or crocheted textiles amounted to $X per ton, shrinking by -9.9% against the previous year. Overall, the import price recorded a slight setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 341%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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