Morocco - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Bar Price in Morocco - 2022
Contents:
- Aluminium Bar Price in Morocco (CIF) - 2022
- Aluminium Bar Price in Morocco (FOB) - 2022
- Aluminium Bar Imports in Morocco
- Aluminium Bar Exports in Morocco
Aluminium Bar Price in Morocco (CIF) - 2022
In December 2022, the average aluminium bar import price amounted to $4,818 per ton, which is down by -6.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 7.6% against the previous month. Over the period under review, average import prices reached the peak figure at $6,301 per ton in June 2022; however, from July 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($10,939 per ton), while the price for China ($3,166 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by France (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Bar Price in Morocco (FOB) - 2022
The average aluminium bar export price stood at $5,666 per ton in December 2022, picking up by 4.6% against the previous month. Over the period from December 2021 to December 2022, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in January 2022 when the average export price increased by 5.4% month-to-month. Over the period under review, the average export prices reached the maximum in December 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Senegal ($17,663 per ton), while the average price for exports to Portugal ($4,415 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Bar Imports in Morocco
In 2022, imports of aluminium bars, rods and profiles into Morocco reduced to 14K tons, which is down by -11.6% on the previous year. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year.
In value terms, aluminium bar imports shrank to $64M in 2022. Overall, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports reached the peak of $74M, and then declined in the following year.
| Import of Aluminium Bar in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 15.1 | 15.3 | 25.7 | 20.2 | 10.2% |
| Spain | 10.9 | 8.9 | 11.6 | 9.1 | -5.8% |
| Turkey | 6.3 | 6.7 | 9.6 | 7.5 | 6.0% |
| United Arab Emirates | 8.2 | 9.6 | 7.1 | 6.7 | -6.5% |
| France | 7.6 | 4.0 | 5.4 | 4.5 | -16.0% |
| Saudi Arabia | 9.3 | 1.1 | N/A | 2.8 | -33.0% |
| China | 3.5 | 1.4 | 2.1 | 1.9 | -18.4% |
| Tunisia | 1.2 | 0.8 | 2.3 | 1.8 | 14.5% |
| Qatar | 4.0 | 0.5 | 0.9 | 1.4 | -29.5% |
| Others | 6.0 | 5.1 | 9.9 | 8.1 | 10.5% |
| Total | 72.0 | 53.4 | 74.5 | 63.9 | -3.9% |
Top Suppliers of Aluminium Bar to Morocco in 2022:
- Egypt (4.5K tons)
- United Arab Emirates (3.4K tons)
- Spain (1.6K tons)
- Turkey (1.5K tons)
- Saudi Arabia (0.6K tons)
- France (0.5K tons)
- Qatar (0.4K tons)
- Tunisia (0.4K tons)
- China (0.4K tons)
Aluminium Bar Exports in Morocco
In 2022, exports of aluminium bars, rods and profiles from Morocco fell to 8.5K tons, waning by -10.6% compared with 2021. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. As a result, the exports attained the peak of 9.5K tons, and then declined in the following year.
In value terms, aluminium bar exports reduced remarkably to $33M in 2022. Over the period under review, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $40M, and then fell rapidly in the following year.
| Export of Aluminium Bar in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.3 | 19.5 | 29.7 | 24.7 | 3.5% |
| Spain | 1.9 | 1.1 | 3.3 | 2.8 | 13.8% |
| Netherlands | 1.7 | 2.1 | 1.8 | 1.5 | -4.1% |
| Portugal | 0.3 | 0.4 | 1.8 | 1.5 | 71.0% |
| Senegal | 0.7 | 1.2 | 1.0 | 0.9 | 8.7% |
| Cote d'Ivoire | 0.9 | 1.1 | 0.7 | 0.7 | -8.0% |
| United Arab Emirates | N/A | 0.4 | 0.4 | 0.3 | -13.4% |
| Others | 1.1 | 0.6 | 0.9 | 0.5 | -23.1% |
| Total | 28.9 | 26.3 | 39.6 | 32.9 | 4.4% |
Top Export Markets for Aluminium Bar from Morocco in 2022:
- France (6.2K tons)
- Spain (0.7K tons)
- Netherlands (0.5K tons)
- Portugal (0.4K tons)
- United Arab Emirates (0.3K tons)
- Senegal (0.2K tons)
- Cote d'Ivoire (0.2K tons)
This report provides an in-depth analysis of the aluminium bar market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
- Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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