Tungsten (Wolfram); Wire Price in Morocco - 2022

Contents:

  1. Tungsten (Wolfram); Wire Price in Morocco (CIF) - 2022
  2. Tungsten (Wolfram); Wire Price in Morocco (FOB) - 2022
  3. Tungsten (Wolfram); Wire Imports in Morocco
  4. Tungsten (Wolfram); Wire Exports in Morocco

Tungsten (Wolfram); Wire Price in Morocco (CIF) - 2022

In 2022, the average tungsten (wolfram); wire import price amounted to $140,004 per ton, declining by -41.4% against the previous year. In general, the import price, however, continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $238,786 per ton in 2021, and then dropped significantly in the following year.

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 the Czech Republic ($403,663 per ton), while the price for Taiwan (Chinese) ($20,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Tungsten (Wolfram); Wire Price in Morocco (FOB) - 2022

The average tungsten (wolfram); wire export price stood at $74,325 per ton in 2022, leveling off at the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $96,464 per ton in 2020; however, from 2021 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 the UK ($4,592,654 per ton), while the average price for exports to Germany totaled $32,097 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tungsten (Wolfram); Wire Imports in Morocco

Tungsten (wolfram); wire imports into Morocco soared to 1.1 tons in 2022, growing by 58% against the year before. In general, imports recorded slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tungsten (wolfram); wire imports dropped to $153K in 2022. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 87%.

Import of Tungsten (Wolfram); Wire in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.946.110293.814.9%
Czech Republic61.617.317.917.5-34.3%
Portugal72.118.415.514.2-41.8%
Sweden2.00.52.12.00.0%
Greece4.10.80.60.5-50.4%
Taiwan (Chinese)1.50.50.40.4-35.6%
Netherlands2.90.50.30.1-67.5%
Others5.14.226.124.869.4%
Total21188.3165153-10.2%

Top Suppliers of Tungsten (Wolfram); Wire to Morocco in 2022:

  1. China (676.0 kg)
  2. Portugal (128.0 kg)
  3. Czech Republic (43.0 kg)
  4. Greece (23.0 kg)
  5. Taiwan (Chinese) (19.0 kg)
  6. Sweden (16.0 kg)
  7. Netherlands (4.0 kg)

Tungsten (Wolfram); Wire Exports in Morocco

Tungsten (wolfram); wire exports from Morocco totaled 548 kg in 2022, stabilizing at the year before. Overall, exports saw significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tungsten (wolfram); wire exports amounted to $41K in 2022. Over the period under review, exports saw a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Tungsten (Wolfram); Wire in Morocco (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United KingdomN/AN/A24.10%
GermanyN/AN/A8.30%
France21.0N/AN/A0%
Others0.2N/A8.3544.2%
Total21.2N/A40.738.6%

Top Export Markets for Tungsten (Wolfram); Wire from Morocco in 2022:

  1. Germany (257.0 kg)
  2. United Kingdom (5.0 kg)

Source: IndexBox Market Intelligence Platform

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