Tunisia: Pig Iron Articles Market 2024

Pig Iron Articles Market Size in Tunisia

The Tunisian pig iron articles market reduced slightly to $X in 2022, which is down by X% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Pig iron articles consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Pig Iron Articles Production in Tunisia

In value terms, pig iron articles production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a prominent expansion. The growth pace was the most rapid in 2018 when the production volume increased by X%. Pig iron articles production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Pig Iron Articles Exports

Exports from Tunisia

In 2022, overseas shipments of granules and powders of pig iron decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, pig iron articles exports reduced dramatically to $X in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Algeria (X tons) was the main destination for pig iron articles exports from Tunisia, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria stood at X%.

In value terms, Algeria ($X) emerged as the key foreign market for granules and powders of pig iron exports from Tunisia.

From 2012 to 2022, the average annual growth rate of value to Algeria amounted to X%.

Export Prices by Country

In 2022, the average pig iron articles export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Libya amounted to X% per year.

Pig Iron Articles Imports

Imports into Tunisia

Pig iron articles imports into Tunisia shrank to X tons in 2022, reducing by X% on the year before. In general, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, pig iron articles imports expanded to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached 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 supplier of pig iron articles to Tunisia, with a X% share of total imports. Moreover, pig iron articles imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, France ($X) constituted the largest supplier of granules and powders of pig iron to Tunisia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The average pig iron articles import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pig iron articles import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. 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 India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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