Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco - 2023

Contents:

1. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco (CIF) - 2022
2. Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco (FOB) - 2022
3. Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco
4. Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco (CIF) - 2022

The average import price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds stood at $1,314 per ton in 2022, with an increase of 71% against the previous year. Over the period under review, the import price saw a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,377 per ton), while the price for Turkey ($1,188 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco (FOB) - 2022

In 2022, the average export price for alloy steel, flat-rolled, width 600mm or more, cold-rolleds amounted to $988 per ton, flattening at the previous year. Over the period under review, the export price recorded a tangible expansion. The pace of growth appeared the most rapid in 2020 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2017 to 2022, the rate of growth in terms of prices for Spain amounted to +4.7% per year.

Imports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco

In 2022, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds into Morocco soared to 6.9K tons, rising by 101% on the previous year. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5,083% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds skyrocketed to $9M in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 5,749% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled to Morocco in 2022:

1. Spain (5.1K tons)
2. Turkey (1.3K tons)
3. Belgium (0.5K tons)

Exports of Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled in Morocco

In 2022, after two years of decline, there was significant decline in overseas shipments of alloy steel, flat-rolled, width 600mm or more, cold-rolleds, when their volume decreased by -50% to 210 tons. In general, exports saw a precipitous curtailment.

In value terms, exports of alloy steel, flat-rolled, width 600mm or more, cold-rolleds shrank notably to $208K in 2022. Overall, exports showed a sharp contraction.

Top Export Markets for Alloy Steel, Flat-Rolled, Width 600mm or More, Cold-Rolled from Morocco in 2022:

1. Spain (210.3 tons)

Source: IndexBox Market Intelligence Platform