Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,566 per ton, increasing by 15% against the previous year. Overall, the import price showed noticeable growth. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($2,923 per ton), while the price for Brazil ($1,017 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco (FOB) - 2022

In 2021, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,071 per ton, dropping by -97.2% against the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2019 an increase of 664% against the previous year. The export price peaked at $38,608 per ton in 2020, and then declined dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was France ($11,667 per ton), while the average price for exports to Portugal ($333 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.4%).

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco

In 2022, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels increased by 35% to 637 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $997K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Morocco in 2022:

1. France (270.9 tons)
2. China (160.2 tons)
3. Italy (66.6 tons)
4. Germany (35.4 tons)
5. Spain (30.8 tons)
6. Canada (20.5 tons)
7. Brazil (13.8 tons)
8. United Kingdom (3.2 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Morocco

In 2021, the amount of granules and powders, of pig iron, spiegeleisen, iron or steels exported from Morocco fell dramatically to 98 kg, reducing by -62.3% against the previous year's figure. Over the period under review, exports faced a dramatic contraction.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels dropped notably to $105 in 2021. In general, exports showed a precipitous contraction. The smallest decline of -17.9% was in 2020.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Morocco in 2022:

1. Senegal (92.0 kg)
2. Portugal (3.0 kg)
3. France (3.0 kg)