Price for Moulding Boxes; for Metal Foundry in Morocco - 2022

Contents:

1. Price for Moulding Boxes; for Metal Foundry in Morocco (CIF) - 2022
2. Price for Moulding Boxes; for Metal Foundry in Morocco (FOB) - 2022
3. Imports of Moulding Boxes; for Metal Foundry in Morocco
4. Exports of Moulding Boxes; for Metal Foundry in Morocco

Price for Moulding Boxes; for Metal Foundry in Morocco (CIF) - 2022

In 2022, the average import price for moulding boxes; for metal foundries amounted to $5,021 per ton, which is down by -55.2% against the previous year. In general, the import price faced a deep slump. The most prominent rate of growth was recorded in 2015 an increase of 65%. As a result, import price attained the peak level of $33,709 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Spain ($22,920 per ton), while the price for India stood at $2,589 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Moulding Boxes; for Metal Foundry in Morocco (FOB) - 2022

In 2022, the average export price for moulding boxes; for metal foundries amounted to $18,609 per ton, declining by -23.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when the average export price increased by 30%. As a result, the export price attained the peak level of $57,045 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($43,345 per ton), while the average price for exports to Spain ($5,711 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 Spain (-0.3%).

Imports of Moulding Boxes; for Metal Foundry in Morocco

For the fourth consecutive year, Morocco recorded growth in supplies from abroad of moulding boxes; for metal foundries, which increased by 10% to 1.4 tons in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 127% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports shrank markedly to $6.8K in 2022. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 90%. As a result, imports reached the peak of $21K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Moulding Boxes; for Metal Foundry to Morocco in 2022:

1. India (1200.0 kg)
2. Spain (163.0 kg)

Exports of Moulding Boxes; for Metal Foundry in Morocco

In 2022, moulding boxes; for metal foundry exports from Morocco soared to 1.4 tons, surging by 69% on the previous year. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. As a result, the exports reached the peak of 1.4 tons; afterwards, it flattened through to 2022.

In value terms, moulding boxes; for metal foundry exports surged to $26K in 2022. In general, exports, however, continue to indicate a deep contraction.

Top Export Markets for Moulding Boxes; for Metal Foundry from Morocco in 2022:

1. France (1124.0 kg)
2. Spain (190.0 kg)
3. Zimbabwe (58.0 kg)

Source: IndexBox Market Intelligence Platform