Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (CIF) - 2022
  2. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (FOB) - 2022
  3. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria
  4. Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (CIF) - 2022

The average import price for articles of precious metal or of metal clad with precious metal stood at $687,510 per ton in 2022, surging by 160% against the previous year. In general, the import price saw a temperate expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,675,114 per ton), while the price for Belgium ($41,980 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (FOB) - 2022

The average export price for articles of precious metal or of metal clad with precious metal stood at $30,000 per ton in 2022, with a decrease of -12.9% against the previous year. Over the period under review, the export price continues to indicate a sharp setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $2,096,525 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -26.7% per year.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria

In 2022, imports of articles of precious metal or of metal clad with precious metal into Algeria skyrocketed to 2 tons, with an increase of 160% on 2021 figures. Overall, imports, however, continue to indicate a sharp curtailment.

In value terms, imports of articles of precious metal or of metal clad with precious metal skyrocketed to $1.4M in 2022. Over the period under review, imports, however, recorded a drastic downturn.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,11251.819.2795-10.6%
Germany7.42.35.1290239.7%
Czech Republic37661.179.2111-33.4%
Spain99.020.132.657.1-16.8%
China19.44.930.631.817.9%
Belgium36.27.412.121.3-16.2%
Italy48.66.811.320.3-25.2%
Others84.99.49.324.0-34.4%
Total1,7841641991,350-8.9%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Algeria in 2022:

  1. Czech Republic (587.0 kg)
  2. Belgium (507.0 kg)
  3. Germany (299.0 kg)
  4. Spain (235.0 kg)
  5. United Kingdom (140.0 kg)
  6. China (102.0 kg)
  7. Italy (61.0 kg)

Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria

In 2022, approx. 9 kg of articles of precious metal or of metal clad with precious metal were exported from Algeria; therefore, remained relatively stable against 2021 figures. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of articles of precious metal or of metal clad with precious metal shrank to $270 in 2022. Overall, exports faced a deep contraction. The smallest decline of -12.7% was in 2020.

Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France408356310270-12.9%
OthersN/AN/AN/AN/A0%
Total408356310270-12.9%

Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Algeria in 2022:

  1. France (9.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Articles of precious metal or of metal clad with precious metal - Algeria