Price for Aluminium; Tubes and Pipes in Morocco - 2022
Contents:
- Price for Aluminium; Tubes and Pipes in Morocco (CIF) - 2022
- Price for Aluminium; Tubes and Pipes in Morocco (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Morocco
- Exports of Aluminium; Tubes and Pipes in Morocco
Price for Aluminium; Tubes and Pipes in Morocco (CIF) - 2022
The average aluminium; tubes and pipes import price stood at $5,547 per ton in 2022, growing by 7.4% against the previous year. Overall, the import price recorded a slight increase. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $5,730 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Portugal ($15,955 per ton), while the price for Turkey ($4,323 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Morocco (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $7,414 per ton in 2022, jumping by 40% against the previous year. Over the period under review, the export price, however, saw a deep reduction. Over the period under review, the average export prices attained the maximum at $19,883 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 France ($11,148 per ton), while the average price for exports to Mauritania ($3,899 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 Benin (+64.1%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium; Tubes and Pipes in Morocco
In 2022, imports of aluminium; tubes and pipeses into Morocco soared to 1.4K tons, picking up by 27% against 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +48.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; tubes and pipes imports surged to $7.8M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +68.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Tubes and Pipes in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,286 | 2,308 | 2,697 | 2,924 | 8.6% |
| Turkey | 589 | 444 | 815 | 1,177 | 26.0% |
| France | 284 | 392 | 409 | 999 | 52.1% |
| China | 287 | 132 | 783 | 818 | 41.8% |
| Spain | 1,166 | 702 | 249 | 791 | -12.1% |
| Portugal | 113 | 444 | 588 | 765 | 89.2% |
| Others | 257 | 202 | 189 | 330 | 8.7% |
| Total | 4,981 | 4,623 | 5,728 | 7,804 | 16.1% |
Top Suppliers of Aluminium; Tubes and Pipes to Morocco in 2022:
- Italy (660.4 tons)
- Turkey (272.4 tons)
- China (169.3 tons)
- Spain (137.9 tons)
- France (101.3 tons)
- Portugal (48.0 tons)
Exports of Aluminium; Tubes and Pipes in Morocco
In 2022, overseas shipments of aluminium; tubes and pipeses were finally on the rise to reach 42 tons after two years of decline. Over the period under review, exports, however, recorded a abrupt descent.
In value terms, aluminium; tubes and pipes exports soared to $312K in 2022. Overall, exports, however, recorded a sharp downturn.
| Export of Aluminium; Tubes and Pipes in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Benin | N/A | N/A | 24.5 | 200 | 716.3% |
| France | N/A | 1.6 | 10.8 | 65.0 | 537.4% |
| Cote d'Ivoire | 0.3 | 7.3 | 5.4 | 38.3 | 403.5% |
| Mauritania | 1.3 | 1.9 | 5.7 | 6.7 | 72.7% |
| Turkey | 9.2 | 40.5 | N/A | 0.3 | -68.1% |
| Spain | 584 | 111 | 12.1 | N/A | -85.6% |
| Gambia | 4.3 | N/A | N/A | N/A | 0% |
| Others | 17.0 | 12.9 | 2.0 | 1.5 | -55.5% |
| Total | 616 | 176 | 60.4 | 312 | -20.3% |
Top Export Markets for Aluminium; Tubes and Pipes from Morocco in 2022:
- Turkey (undefined tons)
- Benin (28.7 tons)
- France (5.8 tons)
- Cote d'Ivoire (5.6 tons)
- Mauritania (1.7 tons)
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