Price for Iron or Steel; Cast Articles in Algeria - 2022

Contents:

1. Price for Iron or Steel; Cast Articles in Algeria (CIF) - 2022
2. Price for Iron or Steel; Cast Articles in Algeria (FOB) - 2022
3. Imports of Iron or Steel; Cast Articles in Algeria
4. Exports of Iron or Steel; Cast Articles in Algeria

Price for Iron or Steel; Cast Articles in Algeria (CIF) - 2022

The average import price for iron or steel; cast articleses stood at $2,158 per ton in 2022, growing by 15% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel; cast articles import price increased by +67.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 31%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 Spain ($5,104 per ton), while the price for Thailand ($1,189 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel; Cast Articles in Algeria (FOB) - 2022

The average export price for iron or steel; cast articleses stood at $2,483 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 102%. The export price peaked at $5,783 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($11,000 per ton), while the average price for exports to France amounted to $2,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+10.2%).

Imports of Iron or Steel; Cast Articles in Algeria

For the third consecutive year, Algeria recorded decline in overseas purchases of iron or steel; cast articleses, which decreased by -8.5% to 8.4K tons in 2022. In general, imports faced a dramatic downturn.

In value terms, iron or steel; cast articles imports totaled $18M in 2022. Overall, imports continue to indicate a deep downturn.

Top Suppliers of Iron or Steel; Cast Articles to Algeria in 2022:

1. China (6.3K tons)
2. Tunisia (0.6K tons)
3. Thailand (0.5K tons)
4. Turkey (0.2K tons)
5. Egypt (0.2K tons)
6. France (0.2K tons)
7. Italy (0.1K tons)

Exports of Iron or Steel; Cast Articles in Algeria

For the third year in a row, Algeria recorded decline in overseas shipments of iron or steel; cast articleses, which decreased by -20% to 240 kg in 2022. Overall, exports saw a precipitous setback.

In value terms, iron or steel; cast articles exports contracted dramatically to $596 in 2022. In general, exports showed a precipitous slump.

Top Export Markets for Iron or Steel; Cast Articles from Algeria in 2022:

1. France (234.0 kg)
2. Turkey (6.0 kg)

Source: IndexBox Market Intelligence Platform