Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco - 2023
Contents:
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (CIF) - 2022
- Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (FOB) - 2022
- Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco
- Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (CIF) - 2022
The average import price for steel alloy wire of materials other than silico-manganese steels stood at $1,906 per ton in 2022, surging by 9.8% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel alloy wire of materials other than silico-manganese steels increased by +63.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($4,063 per ton), while the price for Taiwan (Chinese) ($956 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (FOB) - 2022
The average export price for steel alloy wire of materials other than silico-manganese steels stood at $99,410 per ton in 2022, rising by 4,741% against the previous year. Over the period under review, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($1,003,456 per ton), while the average price for exports to Gabon ($4,675 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+285.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco
In 2022, the amount of steel alloy wire of materials other than silico-manganese steels imported into Morocco totaled 705 tons, surging by 3.9% on the previous year. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 23%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of steel alloy wire of materials other than silico-manganese steels reached $1.3M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 87.9 | 339 | 455 | 500 | 78.5% |
| India | 10.3 | 18.6 | 35.5 | 229 | 181.2% |
| Vietnam | 74.7 | 76.6 | 154 | 181 | 34.3% |
| Austria | 8.2 | 16.1 | 72.8 | 94.3 | 125.7% |
| Italy | 151 | 154 | 123 | 78.0 | -19.8% |
| Taiwan (Chinese) | 43.0 | 43.6 | 53.7 | 45.5 | 1.9% |
| China | 219 | 65.0 | 37.3 | 33.2 | -46.7% |
| Egypt | 25.0 | 24.7 | 29.6 | 24.5 | -0.7% |
| Others | 54.1 | 68.9 | 216 | 158 | 42.9% |
| Total | 673 | 806 | 1,177 | 1,344 | 25.9% |
Top Suppliers of Steel Alloy Wire of Materials Other than Silico-Manganese Steel to Morocco in 2022:
- Turkey (365.0 tons)
- Vietnam (95.3 tons)
- India (73.0 tons)
- Taiwan (Chinese) (47.6 tons)
- Italy (38.6 tons)
- Austria (23.2 tons)
- China (19.6 tons)
- Egypt (13.9 tons)
Exports of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco
In 2022, approx. 566 kg of steel alloy wire of materials other than silico-manganese steels were exported from Morocco; growing by 277% compared with the previous year's figure. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel alloy wire of materials other than silico-manganese steels soared to $56K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel Alloy Wire of Materials Other than Silico-Manganese Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Senegal | N/A | N/A | 46.8 | 0% | |
| French Polynesia | N/A | N/A | 6.4 | 0% | |
| France | 1.3 | 0.1 | 1.5 | 7.4% | |
| Mauritania | 0.3 | 0.1 | 0.8 | 63.3% | |
| Gabon | 0.2 | 0.2 | 0.8 | 100.0% | |
| Guinea | 0.7 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 2.5 | 0.3 | 56.3 | 374.6% | |
Top Export Markets for Steel Alloy Wire of Materials Other than Silico-Manganese Steel from Morocco in 2022:
- French Polynesia (306.0 kg)
- Gabon (171.0 kg)
- Senegal (47.0 kg)
- Mauritania (31.0 kg)
- France (11.0 kg)
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