Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco - 2023
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (CIF) - 2022
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (FOB) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco
- Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (CIF) - 2022
In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $16,936 per ton, rising by 90% against the previous year. Overall, the import price posted a prominent expansion. 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 Portugal ($95,481 per ton), while the price for China ($10,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (FOB) - 2022
The average export price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $20,022 per ton in 2022, jumping by 378% against the previous year. Overall, the export price showed a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($35,000 per ton), while the average price for exports to Mauritania ($3,687 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 Spain (+37.3%), while the prices for the other major destinations experienced a decline.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia imported into Morocco skyrocketed to 266 tons, picking up by 61% on the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $4.5M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 608 | 511 | 405 | 1,890 | 45.9% |
| France | 94.8 | 505 | 633 | 1,442 | 147.8% |
| India | 192 | 262 | 62.4 | 415 | 29.3% |
| Turkey | 70.1 | 44.0 | 1.3 | 96.5 | 11.2% |
| Italy | 61.4 | 14.9 | 14.1 | 62.4 | 0.5% |
| Spain | 87.9 | 89.0 | 31.8 | 51.6 | -16.3% |
| Netherlands | 4.0 | 8.5 | 7.6 | 42.8 | 120.4% |
| Others | 271 | 339 | 310 | 504 | 23.0% |
| Total | 1,390 | 1,773 | 1,465 | 4,505 | 48.0% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Morocco in 2022:
- China (188.6 tons)
- India (29.7 tons)
- France (23.4 tons)
- Turkey (5.8 tons)
- Italy (4.6 tons)
- Netherlands (4.1 tons)
- Spain (1.4 tons)
Exports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco
In 2022, the amount of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia exported from Morocco reduced dramatically to 372 kg, waning by -66.9% against the previous year. In general, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 1,379%. As a result, the exports reached the peak of 1.1 tons, and then shrank dramatically in the following year.
In value terms, exports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia skyrocketed to $7.4K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,361%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 2,445 | 314 | 2,501 | 1,261 | -19.8% |
| France | 68.0 | 4.0 | 760 | 127 | 23.1% |
| Senegal | 150 | 3.0 | 1,294 | 86.0 | -16.9% |
| Spain | 339 | N/A | N/A | N/A | 0% |
| Italy | 130 | N/A | N/A | N/A | 0% |
| Others | 37.0 | 1.0 | 151 | 5,974 | 444.5% |
| Total | 3,169 | 322 | 4,706 | 7,448 | 33.0% |
Top Export Markets for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section from Morocco in 2022:
- Mauritania (342.0 kg)
- Senegal (21.0 kg)
- France (7.0 kg)
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