Copper Springs Price in Morocco - 2022
Contents:
Copper Springs Price in Morocco (CIF) - 2022
The average copper springs import price stood at $797,216 per ton in 2022, jumping by 20% against the previous year. In general, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2014 an increase of 170% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($814,657 per ton), while the price for Italy ($308,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2,160.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Copper Springs Imports in Morocco
In 2022, imports of copper springses into Morocco totaled 37 kg, remaining constant against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, copper springs imports soared to $29K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Copper Springs in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.0 | 19.5 | 23.6 | 28.5 | 21.2% |
| France | 0.6 | 0.6 | 0.6 | 0.7 | 5.3% |
| Italy | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.1 | 20.5 | 24.6 | 29.5 | 19.9% |
Top Suppliers of Copper Springs to Morocco in 2022:
- United States (35.0 kg)
- Italy (1.0 kg)
- France (1.0 kg)
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