Price for Copper; Powders and Flakes in Morocco - 2022

Contents:

1. Price for Copper; Powders and Flakes in Morocco (CIF) - 2022
2. Price for Copper; Powders and Flakes in Morocco (FOB) - 2022
3. Imports of Copper; Powders and Flakes in Morocco
4. Exports of Copper; Powders and Flakes in Morocco

Price for Copper; Powders and Flakes in Morocco (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $13,178 per ton, rising by 2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. The import price peaked at $15,904 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,195 per ton), while the price for India ($8,323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper; Powders and Flakes in Morocco (FOB) - 2022

The average copper; powders and flakes export price stood at $7,757 per ton in 2022, rising by 156% against the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +144.3% per year.

Imports of Copper; Powders and Flakes in Morocco

For the third consecutive year, Morocco recorded decline in supplies from abroad of copper; powders and flakeses, which decreased by -23.6% to 60 tons in 2022. Overall, imports showed a deep reduction. The smallest decline of -1.3% was in 2020.

In value terms, copper; powders and flakes imports contracted significantly to $793K in 2022. Over the period under review, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $1M, and then declined notably in the following year.

Top Suppliers of Copper; Powders and Flakes to Morocco in 2022:

1. Germany (27.1 tons)
2. India (17.0 tons)
3. Spain (15.0 tons)
4. Italy (0.2 tons)

Exports of Copper; Powders and Flakes in Morocco

After two years of decline, shipments abroad of copper; powders and flakeses increased by 40% to 30 tons in 2022. In general, exports, however, showed a sharp descent.

In value terms, copper; powders and flakes exports soared to $230K in 2022. Over the period under review, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Copper; Powders and Flakes from Morocco in 2022:

1. Netherlands (29.6 tons)

Source: IndexBox Market Intelligence Platform