Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (CIF) - 2022
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (FOB) - 2022
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco
- Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (CIF) - 2022
The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $4,241 per ton in 2022, growing by 66% against the previous year. Overall, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 178%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($117,000 per ton), while the price for Spain ($4,653 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+51.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (FOB) - 2022
The average export price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $1,030 per ton in 2022, jumping by 24% against the previous year. In general, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the maximum at $2,449 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2013 to 2022, the rate of growth in terms of prices for Turkey amounted to +23.8% per year.
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco
In 2022, purchases abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -56.9% to 141 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 557% against the previous year. As a result, imports attained the peak of 513 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses reduced notably to $597K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 240%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 106 | 535 | 296 | 157 | 14.0% |
| Ukraine | 49.8 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 120 | N/A | 0% |
| Others | 159 | 536 | 417 | 440 | 40.4% |
| Total | 314 | 1,070 | 834 | 597 | 23.9% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Morocco in 2022:
- Netherlands (22.6 tons)
Exports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco
In 2022, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses from Morocco was estimated at 4.4 tons, picking up by 12% against the previous year. The total export volume increased at an average annual rate of +11.7% over the period from 2021 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses skyrocketed to $4.5K in 2022. In general, total exports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +38.4% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Morocco (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Turkey | 1.6 | 4.5 | 181.3% |
| Others | 1.6 | N/A | 0% |
| Total | 3.3 | 4.5 | 36.4% |
Top Export Markets for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms from Morocco in 2022:
- Turkey (4.4 tons)
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