Price for Aluminium; Alloys, Hollow Profiles in Algeria - 2022
Contents:
- Price for Aluminium; Alloys, Hollow Profiles in Algeria (CIF) - 2022
- Imports of Aluminium; Alloys, Hollow Profiles in Algeria
Price for Aluminium; Alloys, Hollow Profiles in Algeria (CIF) - 2022
In 2022, the average aluminium; alloys, hollow profiles import price amounted to $5,533 per ton, rising by 32% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; alloys, hollow profiles import price increased by +96.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 49%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in years to come.
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 Belgium ($13,585 per ton), while the price for Greece ($2,978 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Aluminium; Alloys, Hollow Profiles in Algeria
For the third consecutive year, Algeria recorded decline in overseas purchases of aluminium; alloys, hollow profileses, which decreased by -50.9% to 290 tons in 2022. Over the period under review, imports continue to indicate a significant contraction. The smallest decline of -26.5% was in 2020.
In value terms, aluminium; alloys, hollow profiles imports declined markedly to $1.6M in 2022. Overall, imports showed a significant decrease. The smallest decline of -28.1% was in 2020.
| Import of Aluminium; Alloys, Hollow Profiles in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7,052 | 4,649 | 866 | 403 | -61.5% |
| Turkey | 587 | 545 | 701 | 246 | -25.2% |
| United Arab Emirates | 312 | 296 | 252 | 226 | -10.2% |
| Italy | 30.1 | 19.2 | 40.0 | 223 | 94.9% |
| Belgium | 40.9 | 114 | 71.9 | 176 | 62.7% |
| Qatar | 104 | 120 | 123 | 133 | 8.5% |
| Greece | 43.2 | 36.4 | 27.6 | 22.0 | -20.1% |
| Spain | 461 | 431 | 206 | 21.5 | -64.0% |
| Others | 361 | 259 | 191 | 153 | -24.9% |
| Total | 8,991 | 6,468 | 2,478 | 1,602 | -43.7% |
Top Suppliers of Aluminium; Alloys, Hollow Profiles to Algeria in 2022:
- China (79.2 tons)
- United Arab Emirates (75.0 tons)
- Turkey (38.3 tons)
- Qatar (32.9 tons)
- Italy (27.9 tons)
- Belgium (12.9 tons)
- Greece (7.4 tons)
- Spain (2.4 tons)
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