Price for Nickel; Plates, Sheets, Strip and Foil in Morocco - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Morocco (CIF) - 2022
  2. Imports of Nickel; Plates, Sheets, Strip and Foil in Morocco

Price for Nickel; Plates, Sheets, Strip and Foil in Morocco (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $66,590 per ton in 2022, jumping by 70% against the previous year. Overall, the import price saw a modest increase. The most prominent rate of growth was recorded in 2019 an increase of 74%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.

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 Turkey ($494,667 per ton), while the price for Sweden ($18,502 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil in Morocco

In 2022, approx. 13 tons of nickel; plates, sheets, strip and foils were imported into Morocco; picking up by 1,386% against the previous year. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils skyrocketed to $857K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.811.28.2267211.9%
NetherlandsN/AN/AN/A2210%
Switzerland13.916.27.289.686.1%
France2.27.14.975.4224.8%
Sweden9.17.53.546.171.7%
United Kingdom2.23.62.343.0169.4%
United States13.817.30.914.72.1%
China3.11.50.55.722.5%
Others16.619.56.494.378.4%
Total69.883.833.9857130.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Morocco in 2022:

  1. Netherlands (5.1 tons)
  2. Germany (3.3 tons)
  3. Sweden (2.5 tons)
  4. France (0.7 tons)
  5. Switzerland (0.5 tons)
  6. United Kingdom (0.4 tons)
  7. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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