Price for Nickel; Tubes and Pipes, of Nickel Alloys in Morocco - 2023

Price for Nickel; Tubes and Pipes, of Nickel Alloys in Morocco (CIF) - 2022

The average import price for nickel; tubes and pipes, of nickel alloyses stood at $112,122 per ton in 2022, which is down by -26.4% against the previous year. Overall, the import price, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2021 when the average import price increased by 202% against the previous year. As a result, import price reached the peak level of $152,314 per ton, and then reduced rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($298,284 per ton), while the price for Spain ($7,486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel; Tubes and Pipes, of Nickel Alloys in Morocco

Imports of nickel; tubes and pipes, of nickel alloyses into Morocco surged to 773 kg in 2022, growing by 96% compared with the year before. In general, imports, however, continue to indicate a sharp descent.

In value terms, imports of nickel; tubes and pipes, of nickel alloyses skyrocketed to $87K in 2022. Over the period under review, imports, however, showed a noticeable reduction.

Import of Nickel; Tubes and Pipes, of Nickel Alloys in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	15.4	21.7	49.6	67.1	63.3%
United Kingdom	7.1	19.6	3.8	9.4	9.8%
Spain	22.4	28.4	2.5	2.9	-49.4%
Switzerland	14.5	21.3	1.9	2.1	-47.5%
France	17.2	8.6	0.2	1.9	-52.0%
China	1.7	1.6	0.1	1.2	-11.0%
Belgium	5.2	7.4	0.7	1.0	-42.3%
India	7.1	9.2	0.9	0.4	-61.7%
Others	6.1	6.2	0.4	0.7	-51.4%
Total	96.7	124	60.2	86.7	-3.6%