Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco - 2023
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (CIF) - 2023
- Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco
- Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (CIF) - 2023
In June 2023, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $52.1 per unit, reducing by -9.6% against the previous month. Over the period under review, the import price showed a mild setback. The most prominent rate of growth was recorded in September 2022 an increase of 28% against the previous month. Over the period under review, average import prices attained the maximum at $68.0 per unit in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($164 per unit), while the price for Spain ($11.0 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of iron or steel stood at $26 per unit in 2022, shrinking by -8.1% against the previous year. In general, the export price recorded a mild setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 124%. As a result, the export price attained the peak level of $64 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($34 per unit), while the average price for exports to France ($6.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco
In 2022, purchases abroad of containers for compressed or liquefied gas, of iron or steel decreased by -13.7% to 176K units, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports reached the peak of 369K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of containers for compressed or liquefied gas, of iron or steel shrank to $9.2M in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 72%. As a result, imports reached the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 3.4 | 3.1 | 3.0 | 3.8 | 3.8% |
| Italy | 2.6 | 5.9 | 2.3 | 1.5 | -16.8% |
| Turkey | 0.3 | 1.3 | 1.6 | 1.1 | 54.2% |
| France | 3.2 | 6.0 | 1.0 | 1.1 | -29.9% |
| Germany | 0.8 | 1.4 | 0.7 | 0.9 | 4.0% |
| China | 0.3 | 0.5 | 0.3 | 0.3 | 0.0% |
| Spain | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
| Others | 0.3 | 0.8 | 0.9 | 0.3 | 0.0% |
| Total | 11.2 | 19.3 | 10.2 | 9.2 | -6.3% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Morocco in 2022:
- Portugal (66.2K units)
- Italy (28.7K units)
- Turkey (24.9K units)
- Germany (19.5K units)
- France (13.9K units)
- Spain (10.3K units)
- China (9.2K units)
Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco
In 2022, after three years of growth, there was significant decline in overseas shipments of containers for compressed or liquefied gas, of iron or steel, when their volume decreased by -33.6% to 201K units. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 133% against the previous year. As a result, the exports attained the peak of 302K units, and then shrank dramatically in the following year.
In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted sharply to $5.1M in 2022. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 164%. As a result, the exports reached the peak of $8.4M, and then shrank remarkably in the following year.
| Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 26.1 | N/A | 1,953 | 2,082 | 330.5% |
| Cameroon | 509 | 252 | 2,139 | 1,143 | 31.0% |
| Mauritania | 1,111 | 985 | 1,535 | 1,051 | -1.8% |
| Senegal | N/A | 588 | 1,713 | 392 | -18.4% |
| France | 2.3 | N/A | 42.2 | 173 | 322.1% |
| Togo | 598 | 1,057 | 751 | 161 | -35.4% |
| Germany | 8.1 | 28.9 | 195 | 15.0 | 22.8% |
| Others | 114 | 265 | 69.7 | 110 | -1.2% |
| Total | 2,368 | 3,176 | 8,399 | 5,127 | 29.4% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Morocco in 2022:
- Cote d'Ivoire (73.9K units)
- Mauritania (39.1K units)
- Cameroon (37.7K units)
- France (25.3K units)
- Senegal (11.9K units)
- Togo (4.7K units)
- Germany (2.2K units)
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