Price for Chain and Parts Thereof, of Iron or Steel in Algeria - 2022
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Algeria (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Algeria (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Algeria
- Exports of Chain and Parts Thereof, of Iron or Steel in Algeria
Price for Chain and Parts Thereof, of Iron or Steel in Algeria (CIF) - 2022
The average import price for chain and parts thereof, of iron or steel stood at $6,598 per ton in 2022, jumping by 49% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for chain and parts thereof, of iron or steel increased by +103.7% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 France ($27,976 per ton), while the price for Spain ($3,388 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain and Parts Thereof, of Iron or Steel in Algeria (FOB) - 2022
In 2022, the average export price for chain and parts thereof, of iron or steel amounted to $10,629 per ton, rising by 29% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 169% against the previous year. The export price peaked at $23,599 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($10,779 per ton), while the average price for exports to China stood at $6,300 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chain and Parts Thereof, of Iron or Steel in Algeria
In 2022, imports of chain and parts thereof, of iron or steel into Algeria shrank remarkably to 1.1K tons, which is down by -35.4% compared with the previous year's figure. In general, imports showed a sharp decrease. The smallest decline of -10% was in 2021.
In value terms, imports of chain and parts thereof, of iron or steel contracted to $6.9M in 2022. Over the period under review, imports saw a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 8.3%. As a result, imports attained the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Chain and Parts Thereof, of Iron or Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,414 | 4,577 | 4,158 | 2,144 | -14.4% |
| Germany | 650 | 964 | 1,282 | 1,276 | 25.2% |
| France | 765 | 1,555 | 415 | 939 | 7.1% |
| United States | 665 | 195 | 248 | 567 | -5.2% |
| Turkey | 550 | 405 | 423 | 534 | -1.0% |
| Italy | 822 | 114 | 374 | 427 | -19.6% |
| India | 63.7 | 26.7 | 17.0 | 161 | 36.2% |
| Spain | 132 | 99.1 | 97.0 | 130 | -0.5% |
| Others | 632 | 395 | 654 | 750 | 5.9% |
| Total | 7,695 | 8,331 | 7,669 | 6,928 | -3.4% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Algeria in 2022:
- China (572.2 tons)
- Turkey (151.8 tons)
- Germany (102.2 tons)
- United States (89.5 tons)
- Spain (38.3 tons)
- Italy (33.8 tons)
- France (33.6 tons)
- India (30.2 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Algeria
In 2022, approx. 2.3 tons of chain and parts thereof, of iron or steel were exported from Algeria; growing by 282% against the year before. In general, exports, however, saw a significant decline. The growth pace was the most rapid in 2020 with an increase of 450%. As a result, the exports attained the peak of 26 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of chain and parts thereof, of iron or steel skyrocketed to $24K in 2022. Over the period under review, exports, however, recorded a abrupt decrease.
| Export of Chain and Parts Thereof, of Iron or Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.3 | 12.2 | 4.9 | 24.2 | 42.9% |
| Italy | N/A | 8.2 | N/A | N/A | 0% |
| Niger | 20.6 | 101 | N/A | N/A | 390.3% |
| Others | 0.1 | 4.1 | N/A | 0.1 | 0.0% |
| Total | 29.1 | 126 | 4.9 | 24.2 | -6.0% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Algeria in 2022:
- Turkey (2.2 tons)
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