Price for Aluminium; Tubes and Pipes in Morocco - 2022

Contents:

  1. Price for Aluminium; Tubes and Pipes in Morocco (CIF) - 2022
  2. Price for Aluminium; Tubes and Pipes in Morocco (FOB) - 2022
  3. Imports of Aluminium; Tubes and Pipes in Morocco
  4. Exports of Aluminium; Tubes and Pipes in Morocco

Price for Aluminium; Tubes and Pipes in Morocco (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $5,547 per ton in 2022, growing by 7.4% against the previous year. Overall, the import price recorded a slight increase. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. Over the period under review, average import prices reached the peak figure at $5,730 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 Portugal ($15,955 per ton), while the price for Turkey ($4,323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Tubes and Pipes in Morocco (FOB) - 2022

The average aluminium; tubes and pipes export price stood at $7,414 per ton in 2022, jumping by 40% against the previous year. Over the period under review, the export price, however, saw a deep reduction. Over the period under review, the average export prices attained the maximum at $19,883 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($11,148 per ton), while the average price for exports to Mauritania ($3,899 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 Benin (+64.1%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Tubes and Pipes in Morocco

In 2022, imports of aluminium; tubes and pipeses into Morocco soared to 1.4K tons, picking up by 27% against 2021 figures. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; tubes and pipes imports surged to $7.8M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Aluminium; Tubes and Pipes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,2862,3082,6972,9248.6%
Turkey5894448151,17726.0%
France28439240999952.1%
China28713278381841.8%
Spain1,166702249791-12.1%
Portugal11344458876589.2%
Others2572021893308.7%
Total4,9814,6235,7287,80416.1%

Top Suppliers of Aluminium; Tubes and Pipes to Morocco in 2022:

  1. Italy (660.4 tons)
  2. Turkey (272.4 tons)
  3. China (169.3 tons)
  4. Spain (137.9 tons)
  5. France (101.3 tons)
  6. Portugal (48.0 tons)

Exports of Aluminium; Tubes and Pipes in Morocco

In 2022, overseas shipments of aluminium; tubes and pipeses were finally on the rise to reach 42 tons after two years of decline. Over the period under review, exports, however, recorded a abrupt descent.

In value terms, aluminium; tubes and pipes exports soared to $312K in 2022. Overall, exports, however, recorded a sharp downturn.

Export of Aluminium; Tubes and Pipes in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BeninN/AN/A24.5200716.3%
FranceN/A1.610.865.0537.4%
Cote d'Ivoire0.37.35.438.3403.5%
Mauritania1.31.95.76.772.7%
Turkey9.240.5N/A0.3-68.1%
Spain58411112.1N/A-85.6%
Gambia4.3N/AN/AN/A0%
Others17.012.92.01.5-55.5%
Total61617660.4312-20.3%

Top Export Markets for Aluminium; Tubes and Pipes from Morocco in 2022:

  1. Turkey (undefined tons)
  2. Benin (28.7 tons)
  3. France (5.8 tons)
  4. Cote d'Ivoire (5.6 tons)
  5. Mauritania (1.7 tons)

Source: IndexBox Market Intelligence Platform

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