Price for Aluminium Waste and Scrap in Algeria - 2022

Contents:

1. Price for Aluminium Waste and Scrap in Algeria (FOB) - 2022
2. 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.

Top Export Markets for Aluminium Waste and Scrap from Algeria in 2022:

1. United Arab Emirates (55.2 tons)
2. Germany (10.1 tons)
3. Belgium (7.9 tons)

Source: IndexBox Market Intelligence Platform