Price for Tube or Pipe Flanges of Stainless Steel in Morocco - 2023
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Morocco (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Morocco (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Morocco
- Exports of Tube or Pipe Flanges of Stainless Steel in Morocco
Price for Tube or Pipe Flanges of Stainless Steel in Morocco (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $6,320 per ton in 2022, shrinking by -2% against the previous year. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 45% against the previous year. As a result, import price attained the peak level of $9,660 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,529 per ton), while the price for Spain ($3,039 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Morocco (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $8,799 per ton in 2022, with a decrease of -44.8% against the previous year. Over the period under review, the export price, however, posted a notable increase. The pace of growth was the most pronounced in 2021 an increase of 117% against the previous year. The export price peaked at $16,781 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($21,091 per ton), while the average price for exports to Senegal ($4,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Morocco
In 2022, imports of tube or pipe flanges of stainless steels into Morocco surged to 580 tons, growing by 41% on 2021 figures. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 103%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of tube or pipe flanges of stainless steels soared to $3.7M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges of Stainless Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 420 | 698 | 1,146 | 1,440 | 50.8% |
| China | 856 | 1,167 | 778 | 1,198 | 11.9% |
| Spain | 99.2 | 393 | 177 | 328 | 49.0% |
| India | 42.3 | 46.5 | 144 | 262 | 83.6% |
| Turkey | 17.2 | 35.8 | 15.0 | 104 | 82.2% |
| Italy | 608 | 192 | 185 | 75.6 | -50.1% |
| Others | 364 | 175 | 205 | 257 | -11.0% |
| Total | 2,408 | 2,708 | 2,651 | 3,665 | 15.0% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Morocco in 2022:
- China (250.7 tons)
- France (147.1 tons)
- Spain (107.9 tons)
- Turkey (31.3 tons)
- India (24.9 tons)
- Italy (5.6 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Morocco
In 2022, approx. 578 kg of tube or pipe flanges of stainless steels were exported from Morocco; waning by -71.2% against the year before. Over the period under review, exports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 21%.
In value terms, exports of tube or pipe flanges of stainless steels dropped rapidly to $5.1K in 2022. In general, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 162% against the previous year. As a result, the exports attained the peak of $32K, and then declined notably in the following year.
| Export of Tube or Pipe Flanges of Stainless Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.3 | 0.8 | 3.6 | 1.7 | 78.3% |
| Mauritania | 7.1 | 5.4 | 3.0 | 1.5 | -40.4% |
| France | 3.7 | 1.6 | 0.2 | 0.9 | -37.6% |
| Guinea | 4.2 | 1.0 | 5.1 | 0.4 | -54.3% |
| Benin | N/A | N/A | 14.6 | 0.3 | -97.9% |
| Belgium | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Senegal | 1.7 | 0.8 | 5.3 | N/A | 76.6% |
| Madagascar | N/A | 2.4 | N/A | N/A | 0% |
| Others | 0.7 | N/A | 0.1 | 0.1 | -47.7% |
| Total | 17.7 | 12.2 | 32.0 | 5.1 | -34.0% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Morocco in 2022:
- Mauritania (229.0 kg)
- Spain (190.0 kg)
- France (71.0 kg)
- Benin (54.0 kg)
- Guinea (18.0 kg)
- Belgium (11.0 kg)
- Senegal (1.0 kg)
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