Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco - 2023
Contents:
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (CIF) - 2023
- Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (FOB) - 2022
- Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco
- Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (CIF) - 2023
In June 2023, the average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $15,825 per ton, picking up by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in December 2022 an increase of 40% against the previous month. Over the period under review, average import prices attained the maximum at $18,711 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($45,421 per ton), while the price for China ($10,527 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (FOB) - 2022
In 2022, the average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $16,200 per ton, jumping by 38% against the previous year. Overall, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 190%. Over the period under review, the average export prices reached the peak figure at $25,513 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($41,486 per ton), while the average price for exports to Turkey ($6,178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco
After three years of growth, overseas purchases of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -29.3% to 1.1K tons in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of 1.5K tons, and then shrank sharply in the following year.
In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s shrank dramatically to $15M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.1% 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 +33.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of $18M, and then declined significantly in the following year.
| Import of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.5 | 5.2 | 7.3 | 5.4 | 6.3% |
| China | 2.4 | 3.0 | 4.6 | 4.0 | 18.6% |
| Spain | 2.3 | 2.6 | 3.7 | 3.0 | 9.3% |
| Turkey | 0.2 | 0.4 | 0.7 | 1.2 | 81.7% |
| Others | 1.6 | 1.4 | 1.5 | 1.2 | -9.1% |
| Total | 11.0 | 12.6 | 17.8 | 14.7 | 10.1% |
Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Morocco in 2022:
- China (421.0 tons)
- Italy (342.2 tons)
- Spain (191.8 tons)
- Turkey (93.1 tons)
Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco
Exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s from Morocco stood at 8.5 tons in 2022, surging by 11% compared with 2021 figures. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 56%.
In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $138K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | 0.1 | 0.7 | 7.9 | 67.2 | 775.9% |
| Spain | 81.1 | N/A | 7.5 | 23.8 | -33.5% |
| Guinea | 3.7 | 0.3 | 14.1 | 12.7 | 50.8% |
| Mauritania | 11.3 | 5.4 | 15.5 | 10.9 | -1.2% |
| Cote d'Ivoire | 12.3 | 16.5 | 8.9 | 5.3 | -24.5% |
| France | 3.1 | 1.7 | 9.3 | 4.5 | 13.2% |
| Burkina Faso | 1.2 | 2.3 | 2.9 | 2.7 | 31.0% |
| Turkey | N/A | N/A | N/A | 1.2 | 0% |
| Madagascar | 4.9 | 44.6 | N/A | 0.7 | -47.7% |
| Others | 24.1 | 18.8 | 23.6 | 8.9 | -28.3% |
| Total | 142 | 90.3 | 89.7 | 138 | -0.9% |
Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Morocco in 2022:
- Benin (4294.0 kg)
- Spain (1396.0 kg)
- Guinea (675.0 kg)
- Mauritania (599.0 kg)
- Cote d'Ivoire (491.0 kg)
- Burkina Faso (353.0 kg)
- Turkey (202.0 kg)
- France (109.0 kg)
- Madagascar (40.0 kg)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Morocco.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
