Coin Price in Morocco - 2022

Contents:

1. Coin Price in Morocco (CIF) - 2022
2. Coin Price in Morocco (FOB) - 2022
3. Coin Imports in Morocco
4. Coin Exports in Morocco

Coin Price in Morocco (CIF) - 2022

The average coin import price stood at $23,000 per ton in 2022, declining by -45% against the previous year. In general, the import price showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12% against the previous year. The import price peaked at $604,147 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +379.6% per year.

Coin Price in Morocco (FOB) - 2022

In 2022, the average coin export price amounted to $1,002,000 per ton, surging by 252% against the previous year. Over the period under review, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +16.7% per year.

Coin Imports in Morocco

In 2022, after three years of growth, there was significant decline in supplies from abroad of coins, when their volume decreased by -85.7% to 2 kg. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 367%. As a result, imports reached the peak of 14 kg, and then shrank markedly in the following year.

In value terms, coin imports reduced notably to $46 in 2022. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 422% against the previous year. As a result, imports reached the peak of $585, and then declined sharply in the following year.

Top Suppliers of Coin to Morocco in 2022:

1. China (2.0 kg)

Coin Exports in Morocco

In 2022, approx. 1 kg of coins were exported from Morocco; declining by -66.7% compared with the year before. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 50%.

In value terms, coin exports surged to $1K in 2022. In general, exports faced a dramatic slump.

Top Export Markets for Coin from Morocco in 2022:

1. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform