Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco - 2023

Contents:

  1. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (CIF) - 2022
  2. Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (FOB) - 2022
  3. Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco
  4. Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (CIF) - 2022

In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels amounted to $11,908 per ton, growing by 19% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 115%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 France ($37,134 per ton), while the price for Taiwan (Chinese) ($3,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (FOB) - 2022

The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $9,782 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the export price saw a noticeable expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 206% against the previous year. As a result, the export price reached the peak level of $18,897 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($18,360 per ton), while the average price for exports to Cote d'Ivoire ($2,365 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 Senegal (+119.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco

Imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Morocco fell modestly to 77 tons in 2022, waning by -4.6% compared with the previous year's figure. Over the period under review, imports showed a dramatic downturn.

In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels reached $915K in 2022. Overall, imports, however, saw a relatively flat trend pattern.

Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France20041434738924.8%
China368165158182-20.9%
Spain87.012760.680.1-2.7%
Italy40.764.067.569.119.3%
India9.892.77.728.242.2%
Turkey19.823.948.610.8-18.3%
Taiwan (Chinese)6.0N/A1.63.6-15.7%
Others159110118152-1.5%
Total8909968099150.9%

Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Morocco in 2022:

  1. China (40.5 tons)
  2. France (10.5 tons)
  3. Spain (9.3 tons)
  4. Italy (5.3 tons)
  5. India (5.1 tons)
  6. Turkey (1.9 tons)
  7. Taiwan (Chinese) (1.2 tons)

Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco

Exports of tube or pipe threaded elbows, bends and sleeves of stainless steels from Morocco shrank remarkably to 2.2 tons in 2022, waning by -39.9% against 2021. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 230%. As a result, the exports reached the peak of 3.7 tons, and then declined sharply in the following year.

In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels dropped significantly to $22K in 2022. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. As a result, the exports reached the peak of $31K, and then dropped rapidly in the following year.

Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.0N/AN/A12.6132.7%
Mauritania4.32.85.74.73.0%
SudanN/A0.20.40.9112.1%
Cote d'IvoireN/AN/AN/A0.40%
Guinea1.60.121.2N/A264.0%
ItalyN/A13.7N/AN/A0%
Others8.50.83.43.1-28.6%
Total15.317.630.721.812.5%

Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Morocco in 2022:

  1. Mauritania (1240.0 kg)
  2. France (687.0 kg)
  3. Cote d'Ivoire (181.0 kg)
  4. Sudan (59.0 kg)
  5. Guinea (1.0 kg)

Source: IndexBox Market Intelligence Platform

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