Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco - 2023

Contents:

1. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco (CIF) - 2023
2. Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco (FOB) - 2022
3. Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco
4. Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco (CIF) - 2023

In December 2022, the average import price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $1,090 per ton, with a decrease of -26.7% against the previous month. In general, the import price faced a deep contraction. The pace of growth appeared the most rapid in September 2022 an increase of 98% against the previous month. Over the period under review, average import prices reached the peak figure at $2,501 per ton in June 2022; however, from July 2022 to December 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($3,184 per ton), while the price for Italy ($1,083 per ton) was amongst the lowest.

From June 2022 to December 2022, the most notable rate of growth in terms of prices was attained by India (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco (FOB) - 2022

In 2022, the average export price for alloy steel flat-rolled products, of a width of less than 600mms amounted to $3,350 per ton, rising by 51% against the previous year. In general, the export price posted perceptible growth. The pace of growth was the most pronounced in 2013 an increase of 149% against the previous year. As a result, the export price attained the peak level of $5,547 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +37.9% per year.

Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco

In 2022, the amount of alloy steel flat-rolled products, of a width of less than 600mms imported into Morocco skyrocketed to 3.9K tons, growing by 26% on 2021 figures. In general, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $7.2M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 57%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Morocco in 2022:

1. Italy (1946.0 tons)
2. France (1156.9 tons)
3. South Korea (213.6 tons)
4. India (192.2 tons)
5. Poland (146.9 tons)
6. China (132.4 tons)
7. Germany (89.1 tons)
8. Russia (57.7 tons)

Exports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Morocco

In 2022, overseas shipments of alloy steel flat-rolled products, of a width of less than 600mms increased by 28% to 409 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous decline.

In value terms, exports of alloy steel flat-rolled products, of a width of less than 600mms skyrocketed to $1.4M in 2022. In general, exports, however, continue to indicate a sharp downturn.

Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm from Morocco in 2022:

1. Italy (408.6 tons)

Source: IndexBox Market Intelligence Platform