Price for Zinc; Plates, Sheets, Strip and Foil in Morocco - 2023

Price for Zinc; Plates, Sheets, Strip and Foil in Morocco (CIF) - 2022

The average import price for zinc; plates, sheets, strip and foils stood at $5,930 per ton in 2022, surging by 31% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 384%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Peru ($2,310 per ton), while the price for Belgium amounted to $578 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Zinc; Plates, Sheets, Strip and Foil in Morocco

In 2022, supplies from abroad of zinc; plates, sheets, strip and foils was finally on the rise to reach 55 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a sharp descent.

In value terms, imports of zinc; plates, sheets, strip and foils soared to $66K in 2022. Over the period under review, imports, however, showed a significant decrease.

Import of Zinc; Plates, Sheets, Strip and Foil in Morocco (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	275	112	17.0	43.4	-46.0%
Belgium	66.0	39.2	5.4	20.5	-32.3%
Luxembourg	48.2	9.8	N/A	N/A	-79.7%
Others	10.7	3.5	0.7	2.0	-42.8%
Total	400	164	23.1	65.9	-45.2%