Price for Railway or Tramway Track Constructions of Iron or Steel in Morocco - 2023
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Morocco (CIF) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Morocco (FOB) - 2022
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Morocco
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Morocco
Price for Railway or Tramway Track Constructions of Iron or Steel in Morocco (CIF) - 2022
The average import price for railway or tramway track constructions of iron or steel stood at $3,009 per ton in 2022, increasing by 129% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,582 per ton), while the price for France ($1,073 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Morocco (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $2,040 per ton in 2022, surging by 39% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 119% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7,293 per ton), while the average price for exports to France ($1,059 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 Mauritania (-4.2%), while the prices for the other major destinations experienced a decline.
Imports of Railway or Tramway Track Constructions of Iron or Steel in Morocco
In 2022, after three years of growth, there was significant decline in purchases abroad of railway or tramway track constructions of iron or steel, when their volume decreased by -61.7% to 2.7K tons. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 144% against the previous year. As a result, imports reached the peak of 7.1K tons, and then fell rapidly in the following year.
In value terms, imports of railway or tramway track constructions of iron or steel shrank to $8.1M in 2022. The total import value increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $9.3M, and then reduced in the following year.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.4 | N/A | 0.1 | 2.9 | 27.5% |
| Romania | N/A | N/A | 1.2 | 2.6 | 116.7% |
| France | 2.3 | 0.7 | 7.1 | 1.4 | -15.3% |
| Spain | 1.0 | 0.6 | 0.4 | 0.7 | -11.2% |
| China | 0.2 | 0.2 | N/A | 0.2 | 0.0% |
| Luxembourg | 0.5 | 0.7 | 0.2 | 0.1 | -41.5% |
| Italy | N/A | 4.2 | N/A | N/A | 0% |
| Others | 0.7 | 1.1 | 0.3 | 0.2 | -34.1% |
| Total | 6.2 | 7.5 | 9.3 | 8.1 | 9.3% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Morocco in 2022:
- France (1300.5 tons)
- Romania (410.9 tons)
- Spain (354.9 tons)
- Germany (337.6 tons)
- China (144.8 tons)
- Luxembourg (57.3 tons)
- Italy (1.1 tons)
Exports of Railway or Tramway Track Constructions of Iron or Steel in Morocco
In 2022, shipments abroad of railway or tramway track constructions of iron or steel decreased by -33.5% to 53 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 130%. As a result, the exports attained the peak of 103 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of railway or tramway track constructions of iron or steel fell to $109K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 93%. As a result, the exports attained the peak of $170K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 55.4 | 0% |
| France | 76.1 | 79.7 | 0.1 | 35.2 | -22.7% |
| Mauritania | 3.2 | 1.7 | 8.1 | 17.7 | 76.9% |
| Benin | N/A | 11.4 | N/A | N/A | 0% |
| Spain | N/A | N/A | 106 | N/A | 0% |
| Cote d'Ivoire | 1.4 | 0.3 | N/A | N/A | -78.6% |
| Turkey | N/A | 73.3 | N/A | N/A | 0% |
| Others | 7.6 | 3.9 | 3.5 | 0.7 | -54.8% |
| Total | 88.4 | 170 | 118 | 109 | 7.2% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Morocco in 2022:
- France (33.2 tons)
- Mauritania (12.3 tons)
- Tanzania (7.6 tons)
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This report provides an in-depth analysis of the steel railway material market in Morocco.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Morocco.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
983
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1320
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
983
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1320
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
