Price for Aluminium; Alloys, Hollow Profiles in Morocco - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Morocco (FOB) - 2022
- Price for Aluminium; Alloys, Hollow Profiles in Morocco (CIF) - 2022
- Exports of Aluminium; Alloys, Hollow Profiles in Morocco
- Imports of Aluminium; Alloys, Hollow Profiles in Morocco
Price for Aluminium; Alloys, Hollow Profiles in Morocco (FOB) - 2022
The average aluminium; alloys, hollow profiles export price stood at $5,241 per ton in December 2022, which is down by -3.5% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 5.6% month-to-month. As a result, the export price reached the peak level of $5,433 per ton, and then declined in the following month.
Average prices varied somewhat for the major overseas markets. In December 2022, the countries with the highest prices were Cote d'Ivoire ($5,570 per ton) and France ($5,299 per ton), while the average price for exports to Portugal ($4,415 per ton) and Spain ($4,900 per ton) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Aluminium; Alloys, Hollow Profiles in Morocco (CIF) - 2022
The average aluminium; alloys, hollow profiles import price stood at $5,688 per ton in 2022, growing by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($10,265 per ton), while the price for Sweden ($3,170 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Aluminium; Alloys, Hollow Profiles in Morocco
In 2022, the amount of aluminium; alloys, hollow profileses exported from Morocco stood at 9.4K tons, with an increase of 8.8% on the previous year's figure. The total export volume increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, aluminium; alloys, hollow profiles exports skyrocketed to $48M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Aluminium; Alloys, Hollow Profiles in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.2 | 19.4 | 29.7 | 40.5 | 22.2% |
| Netherlands | 1.7 | 2.1 | 1.9 | 2.5 | 13.7% |
| Portugal | 0.1 | 0.4 | 1.8 | 2.2 | 180.2% |
| Spain | 0.7 | 0.7 | 0.8 | 1.4 | 26.0% |
| Cote d'Ivoire | 0.7 | 0.7 | 0.6 | 1.0 | 12.6% |
| Others | 0.5 | 0.9 | 0.5 | 0.4 | -7.2% |
| Total | 25.9 | 24.2 | 35.3 | 48.0 | 22.8% |
Top Export Markets for Aluminium; Alloys, Hollow Profiles from Morocco in 2022:
- France (7.9K tons)
- Netherlands (0.5K tons)
- Portugal (0.5K tons)
- Spain (0.3K tons)
- Cote d'Ivoire (0.2K tons)
Imports of Aluminium; Alloys, Hollow Profiles in Morocco
In 2022, imports of aluminium; alloys, hollow profileses into Morocco dropped rapidly to 1.3K tons, which is down by -25.9% on 2021. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 28%.
In value terms, aluminium; alloys, hollow profiles imports shrank to $7.6M in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year.
| Import of Aluminium; Alloys, Hollow Profiles in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 475 | 887 | 2,006 | 2,588 | 76.0% |
| France | 1,031 | 680 | 805 | 1,445 | 11.9% |
| Spain | 1,126 | 865 | 871 | 1,159 | 1.0% |
| Turkey | 953 | 1,287 | 2,255 | 564 | -16.0% |
| Germany | 439 | 103 | 255 | 398 | -3.2% |
| Belgium | 310 | 357 | 321 | 386 | 7.6% |
| Italy | 359 | 1,263 | 131 | 303 | -5.5% |
| China | 318 | 162 | 193 | 218 | -11.8% |
| Sweden | 32.9 | 10.7 | 109 | 172 | 73.6% |
| Qatar | 3,284 | 558 | 870 | 106 | -68.2% |
| Others | 238 | 211 | 218 | 218 | -2.9% |
| Total | 8,565 | 6,383 | 8,035 | 7,556 | -4.1% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Morocco in 2022:
- Egypt (652.4 tons)
- Spain (153.2 tons)
- France (140.8 tons)
- Turkey (98.0 tons)
- Sweden (54.2 tons)
- China (51.1 tons)
- Germany (40.0 tons)
- Italy (38.5 tons)
- Belgium (38.3 tons)
- Qatar (27.5 tons)
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