Price for Buttons; of Plastics, Not Covered with Textile Material in Morocco - 2023
Contents:
- Price for Buttons; of Plastics, Not Covered with Textile Material in Morocco (CIF) - 2023
- Price for Buttons; of Plastics, Not Covered with Textile Material in Morocco (FOB) - 2023
- Imports of Buttons; of Plastics, Not Covered with Textile Material in Morocco
- Exports of Buttons; of Plastics, Not Covered with Textile Material in Morocco
Price for Buttons; of Plastics, Not Covered with Textile Material in Morocco (CIF) - 2023
In December 2022, the average import price for buttons; of plastics, not covered with textile materials amounted to $24,296 per ton, picking up by 2.2% against the previous month. Over the period from June 2022 to December 2022, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in October 2022 an increase of 8.1% against the previous month. As a result, import price reached the peak level of $24,309 per ton; afterwards, it flattened through to December 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($40,770 per ton), while the price for Portugal ($14,796 per ton) was amongst the lowest.
From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Buttons; of Plastics, Not Covered with Textile Material in Morocco (FOB) - 2023
The average export price for buttons; of plastics, not covered with textile materials stood at $30,363 per ton in December 2022, waning by -31.4% against the previous month. Overall, the export price faced a abrupt setback. The most prominent rate of growth was recorded in November 2022 an increase of 69% against the previous month. The export price peaked at $57,320 per ton in June 2022; however, from July 2022 to December 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In December 2022, the country with the highest price was Spain ($30,471 per ton), while the average price for exports to France totaled $21,096 per ton.
From June 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-9.9%).
Imports of Buttons; of Plastics, Not Covered with Textile Material in Morocco
In 2022, approx. 4.7K tons of buttons; of plastics, not covered with textile materials were imported into Morocco; rising by 36% on the year before. In general, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of buttons; of plastics, not covered with textile materials skyrocketed to $111M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Buttons; of Plastics, Not Covered with Textile Material in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 35.1 | 30.0 | 65.2 | 75.3 | 29.0% |
| China | 5.5 | 5.1 | 10.3 | 14.8 | 39.1% |
| Portugal | 5.9 | 4.3 | 5.7 | 6.9 | 5.4% |
| France | 3.4 | 3.3 | 3.4 | 4.0 | 5.6% |
| Italy | 1.5 | 1.2 | 2.5 | 3.4 | 31.4% |
| Turkey | 1.7 | 1.5 | 1.6 | 2.7 | 16.7% |
| United Kingdom | 2.1 | 1.6 | 2.6 | 2.7 | 8.7% |
| Others | 0.9 | 0.7 | 1.5 | 1.3 | 13.0% |
| Total | 56.0 | 47.8 | 92.7 | 111 | 25.6% |
Top Suppliers of Buttons; of Plastics, Not Covered with Textile Material to Morocco in 2022:
- Spain (2714.2 tons)
- China (978.5 tons)
- Portugal (477.3 tons)
- France (184.4 tons)
- United Kingdom (155.5 tons)
- Turkey (88.5 tons)
- Italy (73.1 tons)
Exports of Buttons; of Plastics, Not Covered with Textile Material in Morocco
For the fourth consecutive year, Morocco recorded growth in shipments abroad of buttons; of plastics, not covered with textile materials, which increased by 189% to 132 tons in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of buttons; of plastics, not covered with textile materials surged to $4.5M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Buttons; of Plastics, Not Covered with Textile Material in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,122 | 1,852 | 2,452 | 4,242 | 55.8% |
| Portugal | 13.9 | 193 | 89.8 | 158 | 124.8% |
| France | 105 | 81.0 | 135 | 65.2 | -14.7% |
| United Arab Emirates | 38.0 | 27.8 | 9.9 | N/A | -49.0% |
| Others | 91.3 | 162 | 102 | 63.3 | -11.5% |
| Total | 1,370 | 2,316 | 2,789 | 4,528 | 49.0% |
Top Export Markets for Buttons; of Plastics, Not Covered with Textile Material from Morocco in 2022:
- Spain (128.1 tons)
- Portugal (2.2 tons)
- France (0.7 tons)
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