Price for Tube or Pipe Flanges, Other than Stainless Steel in Morocco - 2023
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Morocco (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Morocco (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Morocco
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Morocco
Price for Tube or Pipe Flanges, Other than Stainless Steel in Morocco (CIF) - 2022
The average import price for tube or pipe flanges, other than stainless steels stood at $2,501 per ton in 2022, picking up by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 50% against the previous year. The import price peaked at $3,591 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($7,690 per ton), while the price for China ($2,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Morocco (FOB) - 2022
The average export price for tube or pipe flanges, other than stainless steels stood at $8,294 per ton in 2022, picking up by 44% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 106% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gambia ($16,719 per ton), while the average price for exports to Sudan ($2,812 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 Gambia (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Morocco
Imports of tube or pipe flanges, other than stainless steels into Morocco surged to 3.8K tons in 2022, growing by 27% against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern.
In value terms, imports of tube or pipe flanges, other than stainless steels surged to $9.5M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.0 | 2.9 | 5.5 | 9.4% |
| Spain | 0.1 | 0.2 | 1.0 | 1.3 | 135.1% |
| Turkey | 0.1 | 0.5 | 1.0 | 1.2 | 128.9% |
| France | 0.5 | 0.4 | 0.7 | 0.7 | 11.9% |
| India | 0.7 | 0.9 | 0.5 | 0.1 | -47.7% |
| Others | 0.6 | 0.5 | 0.5 | 0.6 | 0.0% |
| Total | 6.3 | 6.4 | 6.5 | 9.5 | 14.7% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Morocco in 2022:
- China (2566.8 tons)
- Turkey (534.5 tons)
- Spain (445.3 tons)
- France (134.8 tons)
- India (48.6 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Morocco
Exports of tube or pipe flanges, other than stainless steels from Morocco contracted notably to 5.4 tons in 2022, waning by -91.3% on the previous year's figure. Over the period under review, exports saw a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 450% against the previous year. As a result, the exports reached the peak of 62 tons, and then shrank dramatically in the following year.
In value terms, exports of tube or pipe flanges, other than stainless steels shrank significantly to $45K in 2022. In general, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 299% against the previous year. As a result, the exports attained the peak of $358K, and then shrank significantly in the following year.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.9 | 3.3 | 108 | 31.8 | 155.8% |
| Gambia | N/A | N/A | N/A | 2.7 | 0% |
| Cote d'Ivoire | 35.6 | 17.4 | 24.1 | 1.7 | -63.7% |
| Sudan | N/A | 7.2 | 11.3 | 1.5 | -54.4% |
| Mauritania | 47.9 | 0.7 | 4.2 | 1.4 | -69.2% |
| France | 3.6 | 42.6 | 5.2 | 1.2 | -30.7% |
| Senegal | 32.1 | N/A | 189 | 1.0 | -68.5% |
| Guinea | 2.1 | 15.0 | 12.9 | 0.3 | -47.7% |
| Others | 6.6 | 3.5 | 3.7 | 3.4 | -19.8% |
| Total | 130 | 89.7 | 358 | 44.9 | -29.8% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Morocco in 2022:
- Spain (3867.0 kg)
- Sudan (522.0 kg)
- Cote d'Ivoire (373.0 kg)
- Gambia (160.0 kg)
- Mauritania (148.0 kg)
- Senegal (121.0 kg)
- France (108.0 kg)
- Guinea (36.0 kg)
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