Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco - 2023

Contents:

  1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (CIF) - 2022
  2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (FOB) - 2022
  3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco
  4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,300 per ton in 2022, surging by 12% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 13%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,935 per ton), while the price for the United Arab Emirates ($1,098 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,120 per ton in 2022, rising by 12% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2019 an increase of 52% against the previous year. Over the period under review, the average export prices reached the maximum at $7,073 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($13,148 per ton), while the average price for exports to Mauritania amounted to $2,668 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco

In 2022, purchases abroad of tubes, pipes and hollow profiles, of cast iron decreased by -52.3% to 15K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. As a result, imports attained the peak of 31K tons, and then dropped significantly in the following year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron dropped dramatically to $19M in 2022. Over the period under review, imports, however, continue to indicate mild growth. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, imports attained the peak of $36M, and then contracted sharply in the following year.

Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3.73.77.05.816.2%
India4.25.113.15.27.4%
France3.91.93.94.33.3%
United Arab Emirates1.84.73.22.815.9%
Germany0.10.10.10.571.0%
China4.41.68.20.1-71.7%
Others0.20.40.40.644.2%
Total18.417.635.919.31.6%

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Morocco in 2022:

  1. India (4.6K tons)
  2. Spain (4.3K tons)
  3. France (2.7K tons)
  4. United Arab Emirates (2.5K tons)
  5. Germany (0.3K tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco

In 2022, exports of tubes, pipes and hollow profiles, of cast iron from Morocco surged to 6.7 tons, jumping by 120% compared with the year before. In general, exports, however, recorded a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 236%.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $21K in 2022. Over the period under review, exports, however, showed a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 154% against the previous year.

Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritania2.12.98.417.2101.6%
Tunisia69.5N/AN/A3.8-62.0%
Senegal33.3N/AN/AN/A0%
OthersN/A0.40.1N/A-75.0%
Total1053.48.521.0-41.5%

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Morocco in 2022:

  1. Mauritania (6.4 tons)
  2. Tunisia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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