Price for Nickel; Bars, Rods, Profiles and Wire in Morocco - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Morocco (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Morocco (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Morocco
- Exports of Nickel; Bars, Rods, Profiles and Wire in Morocco
Price for Nickel; Bars, Rods, Profiles and Wire in Morocco (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $44,658 per ton in 2022, growing by 14% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 40%. The import price peaked at $60,469 per ton in 2012; however, from 2013 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 the UK ($112,833 per ton), while the price for China ($21,979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods, Profiles and Wire in Morocco (FOB) - 2022
The average export price for nickel; bars, rods, profiles and wires stood at $21,333 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 140% against the previous year. As a result, the export price attained the peak level of $30,009 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -2.6% per year.
Imports of Nickel; Bars, Rods, Profiles and Wire in Morocco
Imports of nickel; bars, rods, profiles and wires into Morocco was estimated at 9.3 tons in 2022, flattening at 2021. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 6.9%.
In value terms, imports of nickel; bars, rods, profiles and wires skyrocketed to $414K in 2022. Overall, imports, however, saw a deep downturn.
Import of Nickel; Bars, Rods, Profiles and Wire in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 192 | 135 | 146 | 213 | 3.5% |
United States | 22.3 | 16.9 | 4.4 | 54.4 | 34.6% |
China | 30.0 | 22.9 | 31.5 | 50.8 | 19.2% |
Germany | 49.3 | 66.7 | 51.2 | 34.0 | -11.6% |
Austria | 157 | 41.7 | 97.9 | 26.1 | -45.0% |
Taiwan (Chinese) | N/A | N/A | N/A | 11.8 | 0% |
Belgium | 107 | 41.7 | 11.9 | 3.2 | -69.0% |
United Kingdom | 43.6 | N/A | 5.1 | 0.7 | -74.8% |
Others | 3.8 | 9.9 | 10.3 | 20.2 | 74.5% |
Total | 604 | 335 | 358 | 414 | -11.8% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Morocco in 2022:
- France (4.6 tons)
- China (2.3 tons)
- United States (0.8 tons)
- Austria (0.5 tons)
- Germany (0.5 tons)
- Taiwan (Chinese) (0.3 tons)
- Belgium (0.1 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Morocco
For the third year in a row, Morocco recorded decline in overseas shipments of nickel; bars, rods, profiles and wires, which decreased by 0% to 3 kg in 2022. Over the period under review, exports showed a significant decline. The smallest decline of -88.7% was in 2020.
In value terms, exports of nickel; bars, rods, profiles and wires totaled $64 in 2022. Overall, exports showed a dramatic decrease. The smallest decline of -79.6% was in 2020.
Export of Nickel; Bars, Rods, Profiles and Wire in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 6.2 | 1.3 | N/A | 0.1 | -74.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 6.2 | 1.3 | N/A | 0.1 | -74.7% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Morocco in 2022:
- France (3.0 kg)
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...