Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Algeria - 2022

Contents:

1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Algeria (CIF) - 2022
2. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Algeria

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Algeria (CIF) - 2022

The average import price for chromium and articles thereof; wrought other than waste and scrap stood at $24,297 per ton in 2022, falling by -4.5% against the previous year. Overall, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum at $28,167 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($29,250 per ton), while the price for Germany ($19,161 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+127.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Algeria

In 2022, the amount of chromium and articles thereof; wrought other than waste and scrap imported into Algeria soared to 229 kg, growing by 97% on the previous year's figure. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 137% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap surged to $5.6K in 2022. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 123%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Algeria in 2022:

1. Turkey (160.0 kg)
2. Germany (56.0 kg)
3. China (12.0 kg)

Source: IndexBox Market Intelligence Platform