Algeria - Iron Or Steel Springs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Metal Spiral or Discs Spring in Algeria - 2022
Contents:
- Price for Metal Spiral or Discs Spring in Algeria (CIF) - 2022
- Price for Metal Spiral or Discs Spring in Algeria (FOB) - 2022
- Imports of Metal Spiral or Discs Spring in Algeria
- Exports of Metal Spiral or Discs Spring in Algeria
Price for Metal Spiral or Discs Spring in Algeria (CIF) - 2022
In 2022, the average import price for iron or steel flat spiral or discs springs amounted to $7,724 per ton, dropping by -6.1% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal spiral or discs spring import price increased by +48.0% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $8,226 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($193,906 per ton), while the price for Portugal ($2,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metal Spiral or Discs Spring in Algeria (FOB) - 2022
In 2022, the average export price for iron or steel flat spiral or discs springs amounted to $2,062 per ton, remaining stable against the previous year. In general, the export price, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 5.3% against the previous year. As a result, the export price attained the peak level of $17,987 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($50,408 per ton), while the average price for exports to India ($2,008 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 Turkey (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Metal Spiral or Discs Spring in Algeria
In 2022, purchases abroad of iron or steel flat spiral or discs springs was finally on the rise to reach 274 tons after two years of decline. Overall, imports, however, continue to indicate a deep reduction.
In value terms, metal spiral or discs spring imports rose rapidly to $2.1M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 16%. As a result, imports attained the peak of $2.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Metal Spiral or Discs Spring in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 663 | 1,053 | 391 | 996 | 14.5% |
| Turkey | 226 | 332 | 487 | 318 | 12.1% |
| India | 162 | 126 | 105 | 292 | 21.7% |
| France | 217 | 97.6 | 124 | 56.6 | -36.1% |
| Portugal | 31.9 | 39.6 | 58.8 | 33.8 | 1.9% |
| Italy | 72.6 | 74.0 | 108 | 24.1 | -30.8% |
| Others | 562 | 515 | 717 | 394 | -11.2% |
| Total | 1,933 | 2,238 | 1,991 | 2,114 | 3.0% |
Top Suppliers of Metal Spiral or Discs Spring to Algeria in 2022:
- China (118.0 tons)
- India (103.8 tons)
- Turkey (23.1 tons)
- Portugal (13.0 tons)
- France (4.7 tons)
- Italy (1.8 tons)
Exports of Metal Spiral or Discs Spring in Algeria
Metal spiral or discs spring exports from Algeria fell dramatically to 2.4 tons in 2022, which is down by -49.8% against 2021. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 22,041% against the previous year. As a result, the exports attained the peak of 4.9 tons, and then fell significantly in the following year.
In value terms, metal spiral or discs spring exports shrank markedly to $5K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 7,807%. As a result, the exports attained the peak of $10K, and then declined remarkably in the following year.
| Export of Metal Spiral or Discs Spring in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 0.1 | 1.6 | 2.5 | 35.7% |
| India | 0.3 | N/A | 0.8 | 1.6 | 74.7% |
| France | 0.2 | N/A | 0.4 | 0.7 | 51.8% |
| Turkey | 0.6 | N/A | N/A | 0.2 | -30.7% |
| Czech Republic | N/A | N/A | 7.0 | N/A | 0% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 2.1 | 0.1 | 10.0 | 5.0 | 33.5% |
Top Export Markets for Metal Spiral or Discs Spring from Algeria in 2022:
- India (779.0 kg)
- France (191.0 kg)
- United States (49.0 kg)
- Turkey (32.0 kg)
This report provides an in-depth analysis of the market for metal spiral or discs spring in Algeria. 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 25931653 - Iron or steel flat spiral springs
- Prodcom 25931655 - Iron or steel discs springs
- Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
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Global steel spring imports totaled X tons in 2016, ascending by X% against the previous year level. Overall, steel spring imports continue to indicate a relatively flat trend pattern. The pace o...
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