Copper; Master Alloys Price in Algeria - 2022
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Copper; Master Alloys Price in Algeria (CIF) - 2022
The average copper; master alloys import price stood at $20,423 per ton in 2022, declining by -7.5% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2018 an increase of 98% against the previous year. Over the period under review, average import prices attained the peak figure at $47,496 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28,604 per ton), while the price for Turkey ($2,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-6.5%), while the prices for the other major suppliers experienced a decline.
Copper; Master Alloys Imports in Algeria
For the fourth consecutive year, Algeria recorded growth in purchases abroad of copper; master alloyses, which increased by 35% to 10 tons in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 659%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, copper; master alloys imports skyrocketed to $210K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,002% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
Import of Copper; Master Alloys in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.4 | 2.0 | 19.8 | 83.5 | 493.2% |
France | 2.7 | 4.9 | 108 | 75.0 | 202.9% |
Belgium | 1.0 | 3.1 | 14.5 | 28.5 | 205.5% |
China | 1.5 | 3.8 | 22.6 | 20.9 | 140.6% |
Others | 0.8 | 1.5 | 3.4 | 1.7 | 28.6% |
Total | 6.5 | 15.2 | 168 | 210 | 218.5% |
Top Suppliers of Copper; Master Alloys to Algeria in 2022:
- Germany (3.7 tons)
- France (3.7 tons)
- Belgium (1.9 tons)
- China (0.9 tons)
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