Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco - 2023

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (CIF) - 2022

In 2022, the average import price for non-electric iron or steel central heating radiators other than of cast iron amounted to $11 per unit, jumping by 120% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($24 per unit), while the price for China ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (FOB) - 2022

The average export price for non-electric iron or steel central heating radiators other than of cast iron stood at $28.1 per unit in December 2022, dropping by -2.8% against the previous month. Over the period under review, the export price recorded a perceptible shrinkage. As a result, the export price attained the peak level of $49.7 per unit. From January 2022 to December 2022, the the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Senegal.

From December 2021 to December 2022, the rate of growth in terms of prices for Senegal amounted to -2.8% per month.

Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco

Imports of non-electric iron or steel central heating radiators other than of cast iron into Morocco shrank modestly to 96K units in 2022, declining by -4.8% against the previous year. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 223% against the previous year. As a result, imports attained the peak of 100K units, and then contracted in the following year.

In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron surged to $1M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 113% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.22.017.6530301.3%
France61.445.369.216539.0%
Turkey74.338.821813522.0%
Spain39.452.968.899.436.1%
Italy54.160.229.654.60.3%
China38.90.48.57.0-43.5%
Others23.430.478.334.914.3%
Total3002304901,02650.7%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron to Morocco in 2022:

  1. Turkey (33.1K units)
  2. France (23.9K units)
  3. Germany (22.5K units)
  4. Spain (6.5K units)
  5. Italy (4.6K units)
  6. China (2.8K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco

In 2022, the amount of non-electric iron or steel central heating radiators other than of cast iron exported from Morocco skyrocketed to 22K units, jumping by 10,067% compared with 2021. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of non-electric iron or steel central heating radiators other than of cast iron soared to $649K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SenegalN/AN/AN/A6490%
Others0.8N/A0.3N/A-38.8%
Total0.8N/A0.3649832.6%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron from Morocco in 2022:

  1. Senegal (22.0K units)

Source: IndexBox Market Intelligence Platform

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