Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $3,306 per ton in 2022, rising by 139% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 1,664%. As a result, import price attained the peak level of $5,273 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,891 per ton), while the price for Spain ($976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+167.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco
In 2022, the amount of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s imported into Morocco dropped sharply to 25 tons, shrinking by -70.3% against the year before. Over the period under review, imports continue to indicate a sharp shrinkage. The smallest decline of -23.3% was in 2020.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s plummeted to $83K in 2022. In general, imports faced a sharp decrease.
Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 63.4 | 0% |
Spain | 115 | 74.8 | 26.4 | 12.8 | -51.9% |
France | 218 | 76.5 | 6.2 | 6.6 | -68.8% |
Belgium | N/A | 36.8 | N/A | N/A | 0% |
Others | N/A | 36.8 | 84.0 | N/A | 128.3% |
Total | 333 | 225 | 117 | 82.8 | -37.1% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Morocco in 2022:
- Spain (13.2 tons)
- India (10.8 tons)
- France (1.1 tons)
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Morocco.
This report provides an in-depth analysis of the iron and steel market in Morocco.
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This report provides an in-depth analysis of the global iron and steel market.
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Morocco.
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