Aluminium Wire Price in Algeria - 2022
Contents:
Aluminium Wire Price in Algeria (CIF) - 2022
In 2022, the average aluminium wire import price amounted to $3,424 per ton, with an increase of 23% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium wire import price increased by +63.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 33%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($15,887 per ton), while the price for the United Arab Emirates ($2,827 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Wire Imports in Algeria
In 2022, aluminium wire imports into Algeria soared to 25K tons, jumping by 41% on the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 58%. As a result, imports reached the peak of 30K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, aluminium wire imports skyrocketed to $86M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Aluminium Wire in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 34.0 | 43.3 | 25.3 | 63.7 | 23.3% |
| Oman | 1.6 | 12.1 | 19.7 | 13.3 | 102.6% |
| Turkey | 0.4 | 2.2 | 0.8 | 2.8 | 91.3% |
| China | 0.5 | 0.5 | 0.6 | 2.4 | 68.7% |
| Spain | 0.7 | 1.1 | 1.4 | 1.7 | 34.4% |
| United Arab Emirates | 2.1 | 2.1 | 1.0 | 1.1 | -19.4% |
| Others | 2.1 | 0.7 | 0.6 | 0.6 | -34.1% |
| Total | 41.4 | 61.9 | 49.4 | 85.7 | 27.4% |
Top Suppliers of Aluminium Wire to Algeria in 2022:
- Bahrain (18.9K tons)
- Oman (3.6K tons)
- Turkey (0.9K tons)
- Spain (0.6K tons)
- China (0.5K tons)
- United Arab Emirates (0.4K tons)
443
This report provides an in-depth analysis of the aluminium alloy wire market in Algeria.
728
This report provides an in-depth analysis of the global aluminium alloy wire market.
331
This report provides an in-depth analysis of the non-alloy aluminium wire market in Algeria.
443
This report provides an in-depth analysis of the aluminium alloy wire market in Algeria.
449
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
728
This report provides an in-depth analysis of the global aluminium alloy wire market.
Nothing found. Please try again.
