Price for Aluminium Waste and Scrap in Algeria - 2022
Contents:
- Price for Aluminium Waste and Scrap in Algeria (FOB) - 2022
- Exports of Aluminium Waste and Scrap in Algeria
Price for Aluminium Waste and Scrap in Algeria (FOB) - 2022
The average aluminium waste and scrap export price stood at $342 per ton in 2022, picking up by 14% against the previous year. In general, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 23% against the previous year. Over the period under review, the average export prices hit record highs at $1,171 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,540 per ton), while the average price for exports to the United Arab Emirates ($120 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-3.7%), while the prices for the other major destinations experienced a decline.
Exports of Aluminium Waste and Scrap in Algeria
For the fourth consecutive year, Algeria recorded growth in shipments abroad of aluminium waste and scraps, which increased by 61% to 73 tons in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium waste and scrap exports skyrocketed to $25K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Aluminium Waste and Scrap in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.8 | 5.4 | 7.8 | 15.6 | 60.1% |
United Arab Emirates | 2.6 | 3.3 | 4.2 | 6.6 | 36.4% |
Belgium | 1.1 | 1.3 | 1.6 | 2.9 | 38.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.4 | 10.1 | 13.6 | 25.0 | 50.1% |
Top Export Markets for Aluminium Waste and Scrap from Algeria in 2022:
- United Arab Emirates (55.2 tons)
- Germany (10.1 tons)
- Belgium (7.9 tons)
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