Morocco - Flat-Rolled Products Of Iron Or Non-Alloy Steel - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFlat-Rolled Steel Products Price in Morocco - 2022
Contents:
- Flat-Rolled Steel Products Price in Morocco (CIF) - 2022
- Flat-Rolled Steel Products Price in Morocco (FOB) - 2022
- Flat-Rolled Steel Products Imports in Morocco
- Flat-Rolled Steel Products Exports in Morocco
Flat-Rolled Steel Products Price in Morocco (CIF) - 2022
The average flat-rolled steel products import price stood at $1,838 per ton in December 2022, growing by 6.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in January 2022 an increase of 17% m-o-m. Over the period under review, average import prices reached the maximum at $1,974 per ton in April 2022; however, from May 2022 to December 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In December 2022, the countries with the highest prices were Germany ($1,920 per ton) and the Netherlands ($1,869 per ton), while the price for China ($1,439 per ton) and Spain ($1,809 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Flat-Rolled Steel Products Price in Morocco (FOB) - 2022
In 2022, the average flat-rolled steel products export price amounted to $1,082 per ton, picking up by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs at $1,311 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mauritania ($1,360 per ton) and Spain ($1,157 per ton), while the average price for exports to Senegal ($962 per ton) and Algeria ($1,022 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.
Flat-Rolled Steel Products Imports in Morocco
In 2022, approx. 36K tons of flat-rolled products of iron or non-alloy steel were imported into Morocco; jumping by 23% against the previous year's figure. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, flat-rolled steel products imports surged to $67M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Flat-Rolled Steel Products in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.8 | 3.8 | 8.3 | 26.3 | 65.5% |
Netherlands | 21.4 | 12.1 | 6.2 | 11.6 | -18.5% |
Japan | 1.4 | 2.6 | 3.4 | 10.8 | 97.6% |
Spain | 2.3 | 4.3 | 2.6 | 7.9 | 50.9% |
France | 5.2 | 3.7 | 2.2 | 6.6 | 8.3% |
China | 1.0 | 0.7 | 0.4 | 1.3 | 9.1% |
Others | 2.0 | 1.6 | 13.5 | 2.9 | 13.2% |
Total | 39.0 | 28.8 | 36.7 | 67.5 | 20.1% |
Top Suppliers of Flat-Rolled Steel Products to Morocco in 2022:
- Germany (13.3K tons)
- Netherlands (6.3K tons)
- Japan (5.8K tons)
- Spain (4.0K tons)
- France (3.7K tons)
- China (0.8K tons)
Flat-Rolled Steel Products Exports in Morocco
In 2022, the amount of flat-rolled products of iron or non-alloy steel exported from Morocco declined slightly to 70 tons, dropping by -1.7% compared with 2021. Overall, exports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 1.7% against the previous year.
In value terms, flat-rolled steel products exports reached $76K in 2022. In general, exports faced a sharp curtailment.
Export of Flat-Rolled Steel Products in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Algeria | 58.0 | 41.9 | 31.3 | 37.1 | -13.8% |
Spain | 120 | 28.4 | 19.1 | 33.4 | -34.7% |
Senegal | 1.0 | 3.2 | 1.8 | 3.1 | 45.8% |
Mauritania | 2.8 | 1.7 | 3.9 | 2.1 | -9.1% |
Turkey | 15.1 | N/A | N/A | N/A | 0% |
Others | 0.2 | 0.9 | 19.2 | N/A | 879.8% |
Total | 197 | 76.1 | 75.3 | 75.7 | -27.3% |
Top Export Markets for Flat-Rolled Steel Products from Morocco in 2022:
- Algeria (36.3 tons)
- Spain (28.9 tons)
- Senegal (3.2 tons)
- Mauritania (1.5 tons)
This report provides an in-depth analysis of the flat-rolled steel products 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 24105110 - Tinplate, other tinned sheet and strip, including electrolytically chromium coated steel (ECCS)
- Prodcom 243220Z1 - Steel sheet and strip as well as cold-rolled slit strip (of nonalloy steel), hot-dipped or electrolytically metal-coated, of a width < .600 mm
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
This report provides an in-depth analysis of the flat-rolled steel products market in Morocco.
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Morocco.
This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
Global Electrolytically Metal-Coated Sheet Market Report 2018. This report provides an in-depth analysis of the global electrolytically metal-coated sheet market.
Global Hot-Rolled Plate Or Sheet Market Report 2018. This report provides an in-depth analysis of the global market for hot-rolled plate or sheet.
This report provides an in-depth analysis of the flat-rolled steel products market in Morocco.
This report provides an in-depth analysis of the hot-dipped metal-coated sheet market in Morocco.
This report provides an in-depth analysis of the global flat-rolled steel products market.
This report provides an in-depth analysis of the global hot-dipped metal-coated sheet market.
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