Price for Steel, Alloy; Semi-Finished Products in Morocco - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Morocco (CIF) - 2022
- Price for Steel, Alloy; Semi-Finished Products in Morocco (FOB) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Morocco
- Exports of Steel, Alloy; Semi-Finished Products in Morocco
Price for Steel, Alloy; Semi-Finished Products in Morocco (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $4,284 per ton in 2022, which is down by -6.5% against the previous year. In general, the import price saw a slight decrease. The growth pace was the most rapid in 2016 an increase of 134%. The import price peaked at $6,523 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($17,308 per ton), while the price for Germany ($2,308 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5,870.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Alloy; Semi-Finished Products in Morocco (FOB) - 2022
The average steel, alloy; semi-finished products export price stood at $444 per ton in 2022, declining by -13.8% against the previous year. Over the period under review, the export price showed a sharp decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 459% against the previous year. Over the period under review, the average export prices hit record highs at $9,476 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -26.4% per year.
Imports of Steel, Alloy; Semi-Finished Products in Morocco
In 2022, steel, alloy; semi-finished products imports into Morocco soared to 38 tons, rising by 370% compared with the previous year's figure. Overall, imports posted significant growth.
In value terms, steel, alloy; semi-finished products imports surged to $163K in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 434% against the previous year. As a result, imports reached the peak of $289K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Steel, Alloy; Semi-Finished Products in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 69.7 | 0% |
| Spain | 10.3 | 42.5 | 0.3 | 3.6 | -29.6% |
| France | 22.3 | 73.3 | 0.4 | 3.2 | -47.6% |
| Germany | 6.9 | 27.0 | 0.2 | 2.1 | -32.7% |
| Italy | 2.6 | 5.7 | N/A | 0.5 | -42.3% |
| Portugal | 1.9 | 6.5 | N/A | 0.4 | -40.5% |
| Netherlands | N/A | 93.9 | 0.1 | N/A | -99.9% |
| Others | 10.2 | 40.1 | 36.0 | 83.5 | 101.5% |
| Total | 54.2 | 289 | 37.1 | 163 | 44.3% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Morocco in 2022:
- Egypt (22.9 tons)
- Germany (0.9 tons)
- Spain (0.6 tons)
- France (0.5 tons)
- Italy (0.1 tons)
- Portugal (0.1 tons)
Exports of Steel, Alloy; Semi-Finished Products in Morocco
In 2022, approx. 72 kg of steel, alloy; semi-finished productses were exported from Morocco; picking up by 13% against the previous year. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 900% against the previous year. As a result, the exports attained the peak of 80 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, steel, alloy; semi-finished products exports reduced slightly to $32 in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 3.1%. As a result, the exports reached the peak of $33, and then declined in the following year.
| Export of Steel, Alloy; Semi-Finished Products in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.0 | 32.0 | 33.0 | 32.0 | 217.5% |
| Tunisia | 31.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 32.0 | 32.0 | 33.0 | 32.0 | 0.0% |
Top Export Markets for Steel, Alloy; Semi-Finished Products from Morocco in 2022:
- France (72.0 kg)
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