Price for Steel, Alloy; Ingots and Other Primary Forms in Morocco - 2023

Contents:

  1. Price for Steel, Alloy; Ingots and Other Primary Forms in Morocco (CIF) - 2022
  2. Imports of Steel, Alloy; Ingots and Other Primary Forms in Morocco

Price for Steel, Alloy; Ingots and Other Primary Forms in Morocco (CIF) - 2022

The average import price for steel, alloy; ingots and other primary formses stood at $2,690 per ton in 2022, remaining constant against the previous year. Overall, the import price showed a abrupt contraction. The growth pace was the most rapid in 2019 a decrease of -49%. Over the period under review, average import prices attained the maximum at $20,115 per ton in 2018; however, from 2019 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 France ($13,042 per ton), while the price for Spain amounted to $1,087 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (-6.2%).

Imports of Steel, Alloy; Ingots and Other Primary Forms in Morocco

After two years of decline, purchases abroad of steel, alloy; ingots and other primary formses decreased by 0% to 358 kg in 2022. In general, imports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, imports of steel, alloy; ingots and other primary formses amounted to $963 in 2022. Overall, imports showed a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Steel, Alloy; Ingots and Other Primary Forms in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France40.0N/AN/A626150.1%
Spain1.0N/AN/A337595.9%
OthersN/AN/AN/AN/A0%
Total41.0N/AN/A963186.4%

Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Morocco in 2022:

  1. Spain (310.0 kg)
  2. France (48.0 kg)

Source: IndexBox Market Intelligence Platform

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