Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco - 2023

Contents:

1. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco (CIF) - 2022
2. Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco (FOB) - 2022
3. Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco
4. Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco (CIF) - 2022

The average import price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,627 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 129% against the previous year. As a result, import price attained the peak level of $14,088 per ton. From 2019 to 2022, the average 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 France ($14,333 per ton), while the price for Belgium ($8,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%), while the prices for the other major suppliers experienced a decline.

Price for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco (FOB) - 2022

The average export price for copper; refined, unwrought, cathodes and sections of cathodeses stood at $9,650 per ton in 2021, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a slight expansion. The growth pace was the most rapid in 2014 when the average export price increased by 847%. As a result, the export price reached the peak level of $83,667 per ton. From 2015 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2013 to 2021, the rate of growth in terms of prices for Germany amounted to -4.2% per year.

Imports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco

In 2022, supplies from abroad of copper; refined, unwrought, cathodes and sections of cathodeses decreased by 0% to 233 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 8,803% against the previous year. As a result, imports attained the peak of 108 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of copper; refined, unwrought, cathodes and sections of cathodeses totaled $2.2K in 2022. Overall, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2020 when imports increased by 5,804%. As a result, imports reached the peak of $750K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes to Morocco in 2022:

1. Belgium (157.0 kg)
2. Spain (68.0 kg)
3. France (6.0 kg)

Exports of Copper; Refined, Unwrought, Cathodes and Sections of Cathodes in Morocco

In 2021, exports of copper; refined, unwrought, cathodes and sections of cathodeses from Morocco totaled 24 tons, flattening at the previous year's figure. Overall, exports saw a precipitous decrease. The smallest decline of 99.9% was in 2020.

In value terms, exports of copper; refined, unwrought, cathodes and sections of cathodeses totaled $236K in 2021. Over the period under review, exports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2020.

Top Export Markets for Copper; Refined, Unwrought, Cathodes and Sections of Cathodes from Morocco in 2022:

1. China (24.5 tons)

Source: IndexBox Market Intelligence Platform