What is the price of cotton per kilogram/pound in Morocco today?
The retail price range for Morocco cotton is between US$ 0.98 and US$ 1.96 per kilogram or between US$ 0.45 and US$ 0.89 per pound(lb). Click here to see today's exact prices of cotton in Morocco
The retail price range in Moroccan Dirham for cotton is between MAD 10.12 and MAD 20.25 per kilogram or between MAD 4.59 and MAD 9.18 per pound(lb) in Rabat and Casablanca.
Wholesale prices
In 2024, the approximate wholesale price range for Morocco cotton is between US$ 0.69 and US$ 1.37 per kilogram or between US$ 0.31 and US$ 0.62 per pound(lb).
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Morocco Cotton Export Prices - Historical, Trends and Prediction
The export price per kilogram of Cotton from Morocco over the last five years has been relatively stable. In 2017, the price was 0.54 US $ per kg, followed by 0.58 US $ per kg in 2016. In 2018, the price increased to 1.05 US $ per kg, before reaching a peak of 2.6 US $ per kg in 2019. In 2020, the price dropped to 1.48 US $ per kg, and in 2021, it decreased further to 1.47 US $ per kg. Based on this trend, it is predicted that the export price per kilogram of Cotton from Morocco in 2023 will be around 1.45 US $ per kg, and in 2024, it will be around 1.43 US $ per kg.The exports of cotton from Morocco are categorised as:
- Garnetted stock of cotton (HS code 520291)
- Cotton, carded or combed (HS code 520300)
- Cotton linters (HS code 140420)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton, neither carded nor combed (HS code 520100)
Morocco Cotton Import Prices - Historical, Trends and Prediction
The import price per kilogram of Cotton into Morocco over the last five years has been relatively stable. In 2016, the price was 0.58 US $ per kg, followed by 0.54 US $ per kg in 2017. In 2018, the price increased to 1.05 US $ per kg, before reaching a peak of 2.6 US $ per kg in 2019. In 2020, the price dropped to 1.48 US $ per kg, and in 2021, it was 1.47 US $ per kg. Based on this trend, it is likely that the import price per kilogram of Cotton into Morocco in 2023 will be around 1.45 US $ per kg, and in 2024, it will be around 1.43 US $ per kg.Export values for Morocco cotton
The total values in export for cotton in Morocco were US$ 113, US$ 124, US$ 99 and US$ 117 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Morocco: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of cotton in other countries across Africa: Algeria cotton, Angola cotton, Botswana cotton, Burundi cotton, Cameroon cotton, Cape Verde cotton, Central African Republic cotton, Comoros cotton, DRC Congo cotton & Benin cotton.
Morocco cotton - Production, Exports, Imports, Seasons and HS Codes
In 2019 Morocco exported 45 tonnes of cotton. In 2019 alone, the demand for Morocco cotton (processed category) has reduced, recording a change of -52.128 % compared to the year 2018. Between 2017 and 2019, cotton's exports went down by -80.35 pc netting the nation US$0.12m for the year 2019. Morocco's cotton exports are classified as:
- Cotton linters (HS code 140420)
- Garnetted stock of cotton (HS code 520291)
- Cotton, neither carded nor combed (HS code 520100)
- Cotton, carded or combed (HS code 520300)
- Cotton yarn waste, incl. thread waste (HS code 520210)
- Cotton waste (excluding yarn waste, thread waste and garnetted stock) (HS code 520299)
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Morocco cotton export values
In 2019, Morocco exported cotton with a value of 0.12m USD, a growth of 21.21% from 2018's total cotton export of 0.099m USD. The annual growth in value of Morocco cotton between 2017 to 2018 was -20.161 per cent.
The per year variation in the quantity of Morocco's cotton exports between 2017 and 2019 was -80.35 pc in comparison to a variation of -52.128% in the period between 2018 and 2019.
Export markets for Morocco cotton ( in '000$ )
Morocco's leading export markets for cotton are Italy, Belgium, US, Canada and Turkey.
Morocco brought in 6,142 tonnes of cotton in 2019.