Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco - 2023

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (CIF) - 2023
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (CIF) - 2023

In June 2023, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,241 per ton, picking up by 13% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,682 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,115 per ton), while the price for the United Arab Emirates ($2,324 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (FOB) - 2022

In 2022, the average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $4,861 per ton, which is down by -27.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. As a result, the export price attained the peak level of $6,716 per ton, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($14,225 per ton), while the average price for exports to Egypt ($2,281 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 Cote d'Ivoire (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco

Imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Morocco totaled 34K tons in 2022, with an increase of 13% compared with the previous year's figure. The total import 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 most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $150M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.5% 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 +80.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26.826.942.550.623.6%
China19.917.921.034.620.2%
Germany6.09.14.121.753.5%
Spain11.110.114.713.56.7%
Turkey6.15.18.27.99.0%
United Arab Emirates4.03.65.46.919.9%
Italy4.63.76.26.19.9%
Others13.96.68.78.3-15.8%
Total92.483.011115017.5%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Morocco in 2022:

  1. France (10.7K tons)
  2. China (8.5K tons)
  3. Germany (5.1K tons)
  4. Spain (3.0K tons)
  5. United Arab Emirates (2.5K tons)
  6. Turkey (1.9K tons)
  7. Italy (1.1K tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco

In 2022, after three years of growth, there was significant decline in overseas shipments of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, when their volume decreased by -14% to 242 tons. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 129%.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms fell dramatically to $1.2M in 2022. In general, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A2830%
Cote d'Ivoire2.04.20.1242394.6%
Senegal21.010424615695.1%
Mauritania23.03.980.112073.4%
Tunisia17.11.20.181.868.5%
Spain12217218.160.6-20.8%
Mali36.41520.759.317.7%
EgyptN/AN/AN/A36.50%
France3731701,48417.3-64.1%
South AfricaN/A388N/AN/A0%
Others93.316959.11198.4%
Total6871,1631,8881,17619.6%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Morocco in 2022:

  1. Poland (94.5 tons)
  2. Senegal (27.7 tons)
  3. Mauritania (23.4 tons)
  4. Cote d'Ivoire (17.0 tons)
  5. Egypt (16.0 tons)
  6. Tunisia (14.5 tons)
  7. Mali (12.8 tons)
  8. Spain (9.1 tons)
  9. France (2.0 tons)

Source: IndexBox Market Intelligence Platform

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