Price for Nickel; Tube and Pipe Fittings in Morocco - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Morocco (CIF) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Morocco
Price for Nickel; Tube and Pipe Fittings in Morocco (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $163,141 per ton in 2022, growing by 550% against the previous year. Over the period under review, the import price showed a modest increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 671% against the previous year. As a result, import price attained the peak level of $183,333 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($521,400 per ton), while the price for China ($72,519 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+204.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Morocco
In 2022, purchases abroad of nickel; tube and pipe fittingses decreased by -72.5% to 64 kg, falling for the second year in a row after two years of growth. In general, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,826% against the previous year. As a result, imports reached the peak of 1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, nickel; tube and pipe fittings imports surged to $10K in 2022. Overall, imports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2020 with an increase of 222% against the previous year. As a result, imports reached the peak of $32K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Nickel; Tube and Pipe Fittings in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 1.6 | N/A | 5.2 | 80.3% |
| China | N/A | N/A | N/A | 2.0 | 0% |
| France | 9.7 | 13.5 | 1.9 | 1.7 | -44.0% |
| United Kingdom | N/A | N/A | N/A | 1.0 | 0% |
| Belgium | N/A | 7.1 | 2.4 | 0.6 | -70.9% |
| Spain | N/A | 9.6 | 1.5 | N/A | -84.4% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 9.9 | 31.8 | 5.8 | 10.4 | 1.7% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Morocco in 2022:
- China (27.0 kg)
- France (22.0 kg)
- United States (10.0 kg)
- Belgium (3.0 kg)
- United Kingdom (2.0 kg)
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