Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco - 2023
Contents:
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (CIF) - 2022
- Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (FOB) - 2022
- Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco
- Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (CIF) - 2022
In 2022, the average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded amounted to $19,149 per ton, shrinking by -20.4% against the previous year. Over the period under review, the import price, however, saw a modest increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 77% against the previous year. The import price peaked at $43,536 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($36,268 per ton), while the price for Portugal ($6,811 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (FOB) - 2022
The average export price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $42,000 per ton in 2022, picking up by 22% against the previous year. Over the period under review, the export price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 1,566% against the previous year. The export price peaked at $182,167 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 ($83,000 per ton), while the average price for exports to Guinea stood at $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+62.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco
In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded imported into Morocco shrank to 26 tons, dropping by -13.8% against the previous year's figure. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +58.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 84%. As a result, imports attained the peak of 31 tons, and then contracted in the following year.
In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded fell significantly to $504K in 2022. Overall, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 161% against the previous year. As a result, imports reached the peak of $735K, and then declined dramatically in the following year.
| Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.5 | 21.2 | 40.1 | 121 | 264.4% |
| Turkey | 72.4 | 12.8 | 26.5 | 62.9 | -4.6% |
| Italy | 115 | 75.7 | 112 | 58.4 | -20.2% |
| Spain | 30.4 | 121 | 60.3 | 56.2 | 22.7% |
| Portugal | 2.3 | 10.5 | 13.1 | 50.2 | 179.5% |
| Hungary | 0.3 | N/A | 2.2 | 45.3 | 432.5% |
| India | N/A | N/A | 14.5 | 42.1 | 190.3% |
| France | 70.1 | 31.3 | 395 | 32.9 | -22.3% |
| China | 5.8 | 1.3 | 61.2 | 3.8 | -13.1% |
| Others | 13.5 | 8.4 | 10.0 | 31.5 | 32.6% |
| Total | 312 | 282 | 735 | 504 | 17.3% |
Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Morocco in 2022:
- Portugal (7.4 tons)
- Spain (4.8 tons)
- Germany (4.2 tons)
- Italy (3.0 tons)
- Turkey (2.6 tons)
- India (1.6 tons)
- France (1.2 tons)
- Hungary (1.2 tons)
- China (0.2 tons)
Exports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco
In 2022, the amount of copper; rivets, cotters, cotter-pins and similar articles, not threaded exported from Morocco shrank remarkably to 2 kg, declining by -99.9% on the previous year. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 740% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then reduced notably in the following year.
In value terms, exports of copper; rivets, cotters, cotter-pins and similar articles, not threaded declined dramatically to $84 in 2022. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 143% against the previous year.
| Export of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.9 | 17.5 | 0.4 | 0.1 | -76.7% |
| Cameroon | 0.1 | N/A | N/A | N/A | 0% |
| Belgium | 0.2 | N/A | 0.2 | N/A | 0.0% |
| Senegal | 0.9 | N/A | 45.3 | N/A | 609.5% |
| Qatar | N/A | 4.3 | N/A | N/A | 0% |
| Guinea | N/A | 0.1 | 0.7 | N/A | 600.0% |
| Saudi Arabia | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 9.4 | 22.9 | 46.6 | 0.1 | -78.0% |
Top Export Markets for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded from Morocco in 2022:
- Guinea (1.0 kg)
- France (1.0 kg)
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