Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $5,615 per ton, surging by 6.2% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% 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 aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses increased by +60.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 49%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($10,089 per ton), while the price for Spain ($4,669 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria
Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Algeria skyrocketed to 413 tons in 2022, growing by 471% on the year before. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses surged to $2.3M in 2022. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 333 | 61.5 | 165 | 1,533 | 66.4% |
Turkey | 86.2 | 105 | 99.7 | 347 | 59.1% |
Bahrain | 53.2 | 49.9 | 55.9 | 159 | 44.0% |
Spain | 34.2 | 32.7 | 37.4 | 109 | 47.2% |
Others | 19.6 | 22.8 | 24.7 | 170 | 105.5% |
Total | 527 | 272 | 382 | 2,317 | 63.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Algeria in 2022:
- China (322.3 tons)
- Turkey (34.4 tons)
- Bahrain (26.9 tons)
- Spain (23.2 tons)
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