Price for Refined Copper Tube and Pipe in Morocco - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Morocco (CIF) - 2022
- Price for Refined Copper Tube and Pipe in Morocco (FOB) - 2022
- Imports of Refined Copper Tube and Pipe in Morocco
- Exports of Refined Copper Tube and Pipe in Morocco
Price for Refined Copper Tube and Pipe in Morocco (CIF) - 2022
In December 2022, the average import price for tubes and pipes of refined copper amounted to $11,039 per ton, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2022 when the average import price increased by 8.2% month-to-month. As a result, import price attained the peak level of $12,689 per ton. From April 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Italy ($11,304 per ton) and Spain ($11,243 per ton), while the price for Turkey ($9,715 per ton) and Greece ($10,354 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Refined Copper Tube and Pipe in Morocco (FOB) - 2022
The average export price for tubes and pipes of refined copper stood at $15,495 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of 1,257%. As a result, the export price attained the peak level of $114,425 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($64,284 per ton), while the average price for exports to Mauritania ($6,803 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 Central African Republic (+56.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Morocco
In 2022, the amount of tubes and pipes of refined copper imported into Morocco soared to 1.9K tons, rising by 18% against the year before. The total import volume increased at an average annual rate of +4.1% 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 attained the peak and are likely to continue growth in the immediate term.
In value terms, refined copper tube and pipe imports surged to $22M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Refined Copper Tube and Pipe in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.6 | 3.4 | 6.1 | 8.9 | 16.7% |
| Italy | 1.7 | 2.3 | 3.7 | 3.8 | 30.8% |
| Germany | 2.1 | 1.5 | 2.4 | 2.3 | 3.1% |
| Turkey | 0.4 | 0.6 | 1.2 | 2.1 | 73.8% |
| Greece | N/A | 0.4 | 1.2 | 1.6 | 100.0% |
| France | 4.8 | 4.1 | 2.7 | 1.3 | -35.3% |
| United States | N/A | 0.1 | 0.2 | 0.9 | 200.0% |
| Others | 0.5 | 0.3 | 0.3 | 0.8 | 17.0% |
| Total | 15.2 | 12.8 | 17.7 | 21.7 | 12.6% |
Top Suppliers of Refined Copper Tube and Pipe to Morocco in 2022:
- Spain (764.2 tons)
- Italy (330.4 tons)
- Turkey (187.6 tons)
- Germany (182.3 tons)
- Greece (151.1 tons)
- France (115.9 tons)
- United States (66.4 tons)
Exports of Refined Copper Tube and Pipe in Morocco
In 2022, overseas shipments of tubes and pipes of refined copper decreased by -38% to 5.5 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 125% against the previous year. As a result, the exports reached the peak of 24 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, refined copper tube and pipe exports declined to $85K in 2022. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 2.7%. As a result, the exports attained the peak of $300K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Refined Copper Tube and Pipe in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 16.2 | 35.4 | 17.5 | 46.9 | 42.5% |
| Mauritania | 27.6 | 56.8 | 36.7 | 17.3 | -14.4% |
| Central African Republic | N/A | 46.4 | N/A | 11.8 | -49.6% |
| Cameroon | 4.1 | N/A | N/A | 7.6 | 22.8% |
| Gabon | N/A | 32.5 | 8.0 | N/A | -75.4% |
| Senegal | 16.9 | 21.6 | 6.8 | N/A | -36.6% |
| France | 212 | 98.0 | 14.2 | N/A | -74.1% |
| Others | 15.4 | 9.7 | 12.9 | 0.9 | -61.2% |
| Total | 293 | 300 | 96.1 | 84.5 | -33.9% |
Top Export Markets for Refined Copper Tube and Pipe from Morocco in 2022:
- Cote d'Ivoire (2.6 tons)
- Mauritania (2.5 tons)
- Central African Republic (0.2 tons)
- Cameroon (0.1 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Morocco.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
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This report provides an in-depth analysis of the market for copper tube and pipe in Morocco.
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This report provides an in-depth analysis of the market for copper pipe and fitting in Morocco.
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This report provides an in-depth analysis of the global market for copper tube and pipe.
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In value terms, copper tubes and pipes imports totaled $X in 2016. Overall, copper tubes and pipes imports continue to indicate a drastic curtailment. Global copper tubes and pipes import peaked of...
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In value terms, copper tubes and pipes exports totaled $X in 2016. In general, copper tubes and pipes exports continue to indicate a abrupt deduction. Over the period under review, global copper tu...
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Explore the top import markets for copper pipe and fitting products, including key statistics and trends. Discover the leading countries in terms of import value for 2022.
