Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco (CIF) - 2022

The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $45,088 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($70,167 per ton), while the price for China ($18,973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+62.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco

In 2022, overseas purchases of nickel; bars, rods and profiles, of nickel alloyses were finally on the rise to reach 8.1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a drastic downturn.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses surged to $364K in 2022. Over the period under review, imports, however, saw a abrupt downturn.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14512012820612.4%
United States17.613.42.353.344.7%
Germany47.764.347.231.2-13.2%
China6.818.415.228.561.2%
Austria15741.797.926.1-45.0%
Taiwan (Chinese)N/AN/AN/A11.80%
CanadaN/AN/A2.17.1238.1%
Belgium10632.411.9N/A-66.5%
United Kingdom43.6N/A3.9N/A-70.1%
OthersN/AN/AN/AN/A0%
Total524290308364-11.4%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Morocco in 2022:

  1. France (4.4 tons)
  2. China (1.5 tons)
  3. United States (0.8 tons)
  4. Austria (0.5 tons)
  5. Germany (0.4 tons)
  6. Taiwan (Chinese) (0.3 tons)
  7. Canada (0.1 tons)

Source: IndexBox Market Intelligence Platform

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