Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco (CIF) - 2022
The average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses stood at $491 per ton in 2022, flattening at the previous year. Overall, the import price faced a precipitous decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 14,234%. As a result, import price attained the peak level of $182,250 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,943 per ton), while the price for Italy ($84 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.8%), while the prices for the other major suppliers experienced a decline.
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco
After two years of decline, purchases abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses decreased by 0% to 16 tons in 2022. Overall, imports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses totaled $7.8K in 2022. Over the period under review, imports saw a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.5 | N/A | N/A | 6.5 | 135.1% |
| Italy | 0.1 | N/A | N/A | 0.6 | 81.7% |
| Others | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Total | 0.7 | N/A | N/A | 7.8 | 123.4% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Morocco in 2022:
- Turkey (8.7 tons)
- Italy (6.8 tons)
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