Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco - 2023
Contents:
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (CIF) - 2022
- Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (FOB) - 2022
- Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco
- Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (CIF) - 2022
The average import price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s stood at $5,068 per ton in 2022, declining by -3.8% against the previous year. Over the period under review, the import price recorded a slight reduction. The pace of growth was the most pronounced in 2016 an increase of 37%. The import price peaked at $6,570 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 Japan ($10,895 per ton), while the price for Spain ($4,006 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (FOB) - 2022
In 2022, the average export price for copper; bars, rods and profiles, of copper-zinc base alloys (brass)s amounted to $7,311 per ton, which is down by -71.9% against the previous year. In general, the export price saw a pronounced decline. The most prominent rate of growth was recorded in 2013 an increase of 228% against the previous year. As a result, the export price reached the peak level of $34,424 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($7,580 per ton), while the average price for exports to Tunisia amounted to $7,281 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+41.6%).
Imports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco
Imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s into Morocco expanded markedly to 2K tons in 2022, surging by 5.6% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 27%. As a result, imports attained the peak of 2.2K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s totaled $10M in 2022. In general, imports recorded a modest expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.9 | 4.6 | 3.3 | 3.5 | -3.5% |
| Italy | 3.2 | 3.5 | 4.3 | 3.4 | 2.0% |
| Turkey | 1.3 | 1.2 | 0.7 | 1.4 | 2.5% |
| France | 1.0 | 1.3 | 1.2 | 1.2 | 6.3% |
| Japan | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Germany | 0.4 | 0.3 | 0.1 | 0.2 | -20.6% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 10.0 | 11.1 | 10.1 | 10.3 | 1.0% |
Top Suppliers of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) to Morocco in 2022:
- Spain (881.9 tons)
- Italy (575.4 tons)
- Turkey (281.5 tons)
- France (210.6 tons)
- Japan (31.1 tons)
- Germany (17.2 tons)
Exports of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco
In 2022, approx. 111 tons of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s were exported from Morocco; increasing by 93,626% on the previous year. Overall, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of copper; bars, rods and profiles, of copper-zinc base alloys (brass)s soared to $809K in 2022. In general, exports saw pronounced growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | N/A | N/A | N/A | 755 | 0% |
| Turkey | N/A | N/A | N/A | 45.6 | 0% |
| Italy | 664 | N/A | N/A | N/A | 0% |
| Others | 37.1 | N/A | 3.1 | 7.8 | -40.5% |
| Total | 701 | N/A | 3.1 | 809 | 4.9% |
Top Export Markets for Copper; Bars, Rods and Profiles, of Copper-Zinc Base Alloys (Brass) from Morocco in 2022:
- Tunisia (103.7 tons)
- Turkey (6.0 tons)
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