Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco - 2023
Contents:
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (CIF) - 2022
- Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (FOB) - 2022
- Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco
- Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (CIF) - 2022
The average import price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver stood at $14,618 per ton in 2022, dropping by -8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 19%. As a result, import price reached the peak level of $15,949 per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($69,789 per ton), while the price for Greece ($6,679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (FOB) - 2022
In 2022, the average export price for tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver amounted to $23,910 per ton, growing by 61% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 373%. As a result, the export price attained the peak level of $37,336 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($26,578 per ton), while the average price for exports to Mauritania ($13,000 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 Cameroon (+130.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco
For the third consecutive year, Morocco recorded decline in overseas purchases of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver, which decreased by -41.4% to 22 tons in 2022. In general, imports continue to indicate a dramatic setback. The smallest decline of -16.2% was in 2020.
In value terms, imports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver shrank significantly to $322K in 2022. Over the period under review, imports saw a precipitous decline. The smallest decline of -7.7% was in 2021.
| Import of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 346 | 162 | 69.4 | 80.8 | -38.4% |
| Belgium | 25.1 | 35.2 | 117 | 65.7 | 37.8% |
| France | 151 | 41.8 | 48.1 | 52.3 | -29.8% |
| Greece | 3.4 | 29.1 | 113 | 26.3 | 97.8% |
| Italy | 88.9 | 317 | 206 | 25.3 | -34.2% |
| Turkey | 55.1 | 9.9 | 0.1 | 20.1 | -28.5% |
| China | 68.7 | 3.5 | 9.5 | 15.5 | -39.1% |
| Others | 33.5 | 49.1 | 35.3 | 35.6 | 2.0% |
| Total | 771 | 648 | 598 | 322 | -25.3% |
Top Suppliers of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver to Morocco in 2022:
- Spain (7.1 tons)
- Greece (3.9 tons)
- France (2.8 tons)
- Italy (2.4 tons)
- Turkey (2.1 tons)
- China (1.6 tons)
- Belgium (0.9 tons)
Exports of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco
In 2022, the amount of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver exported from Morocco fell notably to 544 kg, shrinking by -91.2% compared with the year before. In general, exports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 2,348%. As a result, the exports attained the peak of 6.2 tons, and then dropped rapidly in the following year.
In value terms, exports of tubes and pipes of copper alloys other than copper-zinc, cupro-nickel or nickel-silver shrank sharply to $13K in 2022. Overall, exports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,386% against the previous year. As a result, the exports reached the peak of $92K, and then shrank notably in the following year.
| Export of Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.4 | 3.4 | 52.2 | 10.4 | 196.2% |
| Senegal | 26.0 | N/A | 19.8 | 2.2 | -56.1% |
| Spain | N/A | N/A | 15.0 | N/A | 0% |
| Cameroon | 37.2 | N/A | N/A | N/A | 0% |
| Madagascar | 1.0 | 2.8 | N/A | N/A | 180.0% |
| Others | 2.1 | N/A | 4.8 | 0.4 | -42.5% |
| Total | 66.7 | 6.2 | 91.8 | 13.0 | -42.0% |
Top Export Markets for Tubes and Pipes of Copper Alloys Other than Copper-Zinc, Cupro-Nickel or Nickel-Silver from Morocco in 2022:
- Cote d'Ivoire (393.0 kg)
- Senegal (140.0 kg)
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