Price for Steel, Stainless; Ingots and Other Primary Forms in Morocco - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Morocco (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Morocco (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Morocco
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Morocco
Price for Steel, Stainless; Ingots and Other Primary Forms in Morocco (CIF) - 2022
The average import price for steel, stainless; ingots and other primary formses stood at $23,888 per ton in 2022, growing by 63% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 79%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($39,864 per ton), while the price for France ($15,229 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-4.4%).
Price for Steel, Stainless; Ingots and Other Primary Forms in Morocco (FOB) - 2022
The average export price for steel, stainless; ingots and other primary formses stood at $25,200 per ton in 2022, rising by 5% against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 87%. The export price peaked at $38,500 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +23.5% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Morocco
In 2022, approx. 233 kg of steel, stainless; ingots and other primary formses were imported into Morocco; with a decrease of -81.4% against the previous year's figure. Over the period under review, imports continue to indicate a significant decline. The smallest decline of -35.8% was in 2020.
In value terms, imports of steel, stainless; ingots and other primary formses dropped sharply to $5.6K in 2022. Overall, imports recorded a sharp shrinkage. The smallest decline of -45.1% was in 2020.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | N/A | N/A | N/A | 3.4 | 0% |
| France | 38.9 | 33.6 | 12.0 | 1.3 | -67.8% |
| India | N/A | N/A | N/A | 0.9 | 0% |
| United Kingdom | N/A | N/A | 3.4 | N/A | 0% |
| United Arab Emirates | 19.8 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 3.0 | N/A | 0% |
| Others | 2.4 | N/A | N/A | N/A | 0% |
| Total | 61.1 | 33.6 | 18.4 | 5.6 | -54.9% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Morocco in 2022:
- Tunisia (128.0 kg)
- France (83.0 kg)
- India (22.0 kg)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Morocco
Exports of steel, stainless; ingots and other primary formses from Morocco surged to 5 kg in 2022, picking up by 150% compared with 2021. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; ingots and other primary formses soared to $126 in 2022. In general, exports showed a tangible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 115 | 86.0 | 48.0 | 126 | 3.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 115 | 86.0 | 48.0 | 126 | 3.1% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Morocco in 2022:
- France (5.0 kg)
23
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Morocco.
342
This report provides an in-depth analysis of the market for raw steel and steel semi-finished products in Morocco.
19
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
4758
This report provides an in-depth analysis of the global market for raw steel and steel semi-finished products.
23
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Morocco.
19
This report provides an in-depth analysis of the global market for stainless steel in ingots or other primary forms.
298
Explore the top import markets for raw steel and steel semi-finished products worldwide. Get key statistics and insights from the IndexBox market intelligence platform.
2417
The beginning of 2021 saw a sharp increase in the steel demand, while metallurgical plants were still recovering from the operational downtime incurred during the lockdown. This market disbalance leads to an increase in steel prices. The recovery of the automotive sector and other downstream industries in 2020, at a faster pace than expected, generates the conditions for robust steel demand in the medium term.
800
In value terms, ferro-cerium and other pyrophoric alloys imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern ind...
1118
In value terms, ferro-cerium and other pyrophoric alloys exports totaled $X in 2016. In general, ferro-cerium and other pyrophoric alloys exports continue to indicate a relatively flat trend patter...
839
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
801
In 2016, approx. X tons of steel were imported worldwide- moving up by X% against the previous year level. In general, steel imports continue to indicate a relatively flat trend pattern. The pace...
