Price for Brass Tubes and Pipes in Morocco - 2022

Contents:

  1. Price for Brass Tubes and Pipes in Morocco (CIF) - 2022
  2. Price for Brass Tubes and Pipes in Morocco (FOB) - 2022
  3. Imports of Brass Tubes and Pipes in Morocco
  4. Exports of Brass Tubes and Pipes in Morocco

Price for Brass Tubes and Pipes in Morocco (CIF) - 2022

The average brass tubes and pipes import price stood at $10,414 per ton in 2022, dropping by -4.3% against the previous year. Over the period under review, the import price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the peak figure at $12,597 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($24,923 per ton), while the price for Greece ($8,786 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brass Tubes and Pipes in Morocco (FOB) - 2022

The average brass tubes and pipes export price stood at $2,401 per ton in 2022, falling by -90.3% against the previous year. Overall, the export price saw a significant contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 99%. As a result, the export price attained the peak level of $24,832 per ton, and then shrank markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($165,000 per ton), while the average price for exports to Italy ($798 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+294.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brass Tubes and Pipes in Morocco

In 2022, supplies from abroad of tubes and pipes of copper-zinc base alloys (brass) decreased by -2.6% to 67 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 63%.

In value terms, brass tubes and pipes imports reduced to $701K in 2022. The total import value increased at an average annual rate of +12.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 33%.

Import of Brass Tubes and Pipes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreeceN/A15436338457.9%
Italy1652661471762.2%
Spain28578.516789.3-32.1%
United KingdomN/A1.312.715.1240.8%
France25.148.641.715.0-15.8%
China5.255.12.84.8-2.6%
IndiaN/A43.30.24.4-68.1%
Others12.09.117.413.33.5%
Total49265675370112.5%

Top Suppliers of Brass Tubes and Pipes to Morocco in 2022:

  1. Greece (43.7 tons)
  2. Italy (14.0 tons)
  3. Spain (6.7 tons)
  4. United Kingdom (1.1 tons)
  5. France (0.8 tons)
  6. India (0.3 tons)
  7. China (0.1 tons)

Exports of Brass Tubes and Pipes in Morocco

In 2022, the amount of tubes and pipes of copper-zinc base alloys (brass) exported from Morocco declined rapidly to 681 kg, which is down by -52.4% compared with 2021. Over the period under review, exports, however, enjoyed a notable expansion. The growth pace was the most rapid in 2021 with an increase of 806% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then fell sharply in the following year.

In value terms, brass tubes and pipes exports plummeted to $1.6K in 2022. Overall, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,705%. As a result, the exports reached the peak of $36K, and then shrank dramatically in the following year.

Export of Brass Tubes and Pipes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania4.1N/A35.51.0-37.5%
ItalyN/AN/AN/A0.50%
FranceN/A1.2N/A0.2-59.2%
Guinea3.00.2N/AN/A-93.3%
Madagascar0.2N/AN/AN/A0%
Others0.20.50.1N/A-29.3%
Total7.52.035.51.6-40.2%

Top Export Markets for Brass Tubes and Pipes from Morocco in 2022:

  1. Italy (645.0 kg)
  2. Mauritania (35.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-zinc base alloys (brass) - Morocco