Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco - 2023

Contents:

  1. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (CIF) - 2022
  2. Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (FOB) - 2022
  3. Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco
  4. Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (CIF) - 2022

In 2022, the average import price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s amounted to $147,673 per ton, reducing by -13.5% against the previous year. In general, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 an increase of 203% against the previous year. Over the period under review, average import prices attained the peak figure at $185,142 per ton in 2012; however, from 2013 to 2022, 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 ($229,929 per ton), while the price for Sweden ($11,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (FOB) - 2022

The average export price for nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $98,882 per ton in 2022, surging by 98% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2014 when the average export price increased by 102%. As a result, the export price reached the peak level of $247,915 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($140,057 per ton), while the average price for exports to Norway stood at $8,813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.9%).

Imports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco

In 2022, the amount of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s imported into Morocco surged to 1.1 tons, jumping by 105% against the previous year. Overall, imports, however, continue to indicate a deep setback.

In value terms, imports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s skyrocketed to $158K in 2022. Over the period under review, imports continue to indicate resilient growth.

Import of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23.542.179.014683.8%
Spain43.875.96.16.0-48.5%
France29.524.00.42.4-56.7%
China5.97.20.11.1-42.9%
India3.58.41.40.5-47.7%
Sweden4.54.70.30.3-59.5%
Italy3.85.1N/A0.2-62.5%
Others19.532.01.41.6-56.5%
Total13419988.81585.6%

Top Suppliers of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Morocco in 2022:

  1. United States (633.0 kg)
  2. Spain (272.0 kg)
  3. China (48.0 kg)
  4. France (34.0 kg)
  5. Sweden (27.0 kg)
  6. India (17.0 kg)
  7. Italy (13.0 kg)

Exports of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco

In 2022, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s from Morocco soared to 51 kg, rising by 2,450% compared with 2021. Overall, exports, however, continue to indicate a perceptible decrease.

In value terms, exports of nickel; tubes, pipes and tube or pipe fittings (eg couplings, elbows, sleeves)s soared to $5K in 2022. Over the period under review, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Morocco (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
France2.20.14.949.2%
NorwayN/AN/A0.10%
Gabon2.2N/AN/A0%
OthersN/AN/AN/A0%
Total4.50.15.05.4%

Top Export Markets for Nickel; Tubes, Pipes and Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Morocco in 2022:

  1. France (35.0 kg)
  2. Norway (16.0 kg)

Source: IndexBox Market Intelligence Platform

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