Report Update Mar 1, 2025

Morocco - Nickel (Unwrought) - Market Analysis, Forecast, Size, Trends and Insights

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Morocco: Nickel Market 2025

Nickel Market Size in Morocco

In 2022, the Moroccan nickel market was finally on the rise to reach $X for the first time since 2015, thus ending a six-year declining trend. Over the period under review, consumption, however, continues to indicate a deep reduction. Nickel consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Nickel Production in Morocco

In value terms, nickel production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 2%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Nickel Exports

Exports from Morocco

In 2022, after three years of growth, there was decline in shipments abroad of nickel (unwrought), when their volume decreased by -5% to X tons. Over the period under review, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by 259%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, nickel exports shrank to $X in 2022. In general, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 109% against the previous year. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

France (X kg) was the main destination for nickel exports from Morocco, with a approx. 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -36.0%.

In value terms, France ($X) also remains the key foreign market for nickel (unwrought) exports from Morocco.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at -38.3%.

Export Prices by Country

The average nickel export price stood at $X per ton in 2022, approximately mirroring the previous year. Overall, the export price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2018 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +5.9% per year.

Nickel Imports

Imports into Morocco

In 2022, the amount of nickel (unwrought) imported into Morocco surged to X tons, growing by 103% against 2021. In general, imports, however, showed a abrupt slump. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, nickel imports surged to $X in 2022. Overall, imports, however, showed a perceptible contraction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest nickel supplier to Morocco, with a 40% share of total imports. Moreover, nickel imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), twofold. Norway (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+14.3% per year) and Norway (+14.1% per year).

In value terms, France ($X), the United States ($X) and the UK ($X) were the largest nickel suppliers to Morocco, together comprising 73% of total imports. Norway, Portugal and Finland lagged somewhat behind, together comprising a further 26%.

Norway, with a CAGR of +18.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nickel import price amounted to $X per ton, growing by 41% against the previous year. Overall, the import price posted a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nickel (unwrought) in the world?

The countries with the highest volumes of in 2021 were the United States, China and Russia, together comprising 32% of global consumption. These countries were followed by Indonesia, Nigeria, Turkey, Japan, the UK, South Korea, France, Poland, Sudan and Brazil, which together accounted for a further 29%.

What are the largest producers of nickel (unwrought) in the world?

The countries with the highest volumes of in 2021 were the United States, Russia and China, with a combined 27% share of global production. Indonesia, Nigeria, Australia, Turkey, Canada, the UK, Japan, Norway, Poland and South Africa lagged somewhat behind, together comprising a further 34%.

What are the leading suppliers of nickel (unwrought) to Morocco?

In value terms, Spain, Finland and Italy were the largest nickel suppliers to Morocco, together accounting for 43% of total imports. These countries were followed by Portugal, Canada, the UK, France, Russia and Japan, which together accounted for a further 47%.

What are the leading importers of nickel (unwrought) from Morocco?

In value terms, France remains the key foreign market for nickel exports from Morocco.

What is the average export price for nickel (unwrought) in Morocco?

In 2021, the average nickel export price amounted to $10,365 per ton, reducing by -41.8% against the previous year.

What is the average import price for nickel (unwrought) in Morocco?

In 2021, the average nickel import price amounted to $16,700 per ton, surging by 7.8% against the previous year.

This report provides an in-depth analysis of the nickel market in Morocco. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 24451100 - Nickel, unwrought
Prodcom 24451110 -
Prodcom 24451120 -

Country coverage:

Morocco

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Morocco
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024