Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria (CIF) - 2022
  2. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $3,454 per ton, jumping by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 33% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Oman ($4,726 per ton), while the price for Bahrain ($3,379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria

In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Algeria soared to 8K tons, surging by 128% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms soared to $28M in 2022. In general, imports enjoyed a prominent increase.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain17.131.29.224.412.6%
OmanN/AN/A0.12.01900.0%
United Arab Emirates0.10.10.30.681.7%
Others0.60.60.50.60.0%
Total17.831.910.127.615.7%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Algeria in 2022:

  1. Bahrain (7.2K tons)
  2. Oman (0.4K tons)
  3. United Arab Emirates (0.1K tons)

Source: IndexBox Market Intelligence Platform

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