Morocco - I-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel I-Sections Price in Morocco - 2022
Contents:
- Non-Alloy Steel I-Sections Price in Morocco (CIF) - 2022
- Non-Alloy Steel I-Sections Price in Morocco (FOB) - 2022
- Non-Alloy Steel I-Sections Imports in Morocco
- Non-Alloy Steel I-Sections Exports in Morocco
Non-Alloy Steel I-Sections Price in Morocco (CIF) - 2022
In 2022, the average non-alloy steel i-sections import price amounted to $1,104 per ton, increasing by 43% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel i-sections import price increased by +105.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($3,155 per ton), while the price for Turkey ($820 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel I-Sections Price in Morocco (FOB) - 2022
In 2022, the average non-alloy steel i-sections export price amounted to $1,142 per ton, picking up by 8.9% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 106% against the previous year. Over the period under review, the average export prices reached the maximum at $1,221 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($7,800 per ton), while the average price for exports to Mauritania totaled $1,140 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+193.9%).
Non-Alloy Steel I-Sections Imports in Morocco
In 2022, approx. 74K tons of i-sections of non-alloy steel were imported into Morocco; reducing by -14.7% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of 86K tons, and then reduced in the following year.
In value terms, non-alloy steel i-sections imports soared to $81M in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Alloy Steel I-Sections in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 19.5 | 13.8 | 33.0 | 31.5 | 17.3% |
| Bahrain | N/A | N/A | N/A | 21.4 | 0% |
| Spain | 20.3 | 18.6 | 32.5 | 21.2 | 1.5% |
| Saudi Arabia | N/A | N/A | N/A | 4.0 | 0% |
| United Arab Emirates | N/A | N/A | 0.9 | 2.5 | 177.8% |
| Others | 2.2 | 1.0 | 0.3 | 0.8 | -28.6% |
| Total | 42.1 | 33.4 | 66.7 | 81.4 | 24.6% |
Top Suppliers of Non-Alloy Steel I-Sections to Morocco in 2022:
- Turkey (38.4K tons)
- Spain (22.0K tons)
- Bahrain (8.5K tons)
- United Arab Emirates (2.8K tons)
- Saudi Arabia (1.3K tons)
Non-Alloy Steel I-Sections Exports in Morocco
In 2022, non-alloy steel i-sections exports from Morocco soared to 378 tons, growing by 115% compared with 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 141% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, non-alloy steel i-sections exports surged to $432K in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 154%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Non-Alloy Steel I-Sections in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 90.6 | 219 | 173 | 429 | 67.9% |
| Cote d'Ivoire | N/A | 29.3 | 0.3 | N/A | -99.0% |
| Others | 8.0 | 2.4 | 10.8 | 2.3 | -34.0% |
| Total | 98.5 | 250 | 184 | 432 | 63.7% |
Top Export Markets for Non-Alloy Steel I-Sections from Morocco in 2022:
- Cote d'Ivoire (undefined tons)
- Mauritania (376.5 tons)
This report provides an in-depth analysis of the non-alloy steel i-sections 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 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
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
-
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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