Price for Cutlery; Other than Plated with Precious Metal in Algeria - 2022

Contents:

  1. Price for Cutlery; Other than Plated with Precious Metal in Algeria (CIF) - 2022
  2. Price for Cutlery; Other than Plated with Precious Metal in Algeria (FOB) - 2022
  3. Imports of Cutlery; Other than Plated with Precious Metal in Algeria
  4. Exports of Cutlery; Other than Plated with Precious Metal in Algeria

Price for Cutlery; Other than Plated with Precious Metal in Algeria (CIF) - 2022

The average import price for cutlery; other than plated with precious metals stood at $5,900 per ton in 2022, surging by 10% against the previous year. Overall, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($7,612 per ton), while the price for China amounted to $5,783 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%).

Price for Cutlery; Other than Plated with Precious Metal in Algeria (FOB) - 2022

The average export price for cutlery; other than plated with precious metals stood at $9,253 per ton in 2022, increasing by 54% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. Over the period under review, the average export prices attained the peak figure at $18,085 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($13,184 per ton), while the average price for exports to Angola ($832 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 Canada (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Cutlery; Other than Plated with Precious Metal in Algeria

In 2022, the amount of cutlery; other than plated with precious metals imported into Algeria reduced markedly to 961 tons, shrinking by -62.5% against the year before. Over the period under review, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 30%.

In value terms, imports of cutlery; other than plated with precious metals fell rapidly to $5.7M in 2022. In general, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year.

Import of Cutlery; Other than Plated with Precious Metal in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.28.413.35.4-25.8%
France0.8N/AN/A0.1-50.0%
Others0.40.50.40.2-20.6%
Total14.48.813.75.7-26.6%

Top Suppliers of Cutlery; Other than Plated with Precious Metal to Algeria in 2022:

  1. China (929.1 tons)
  2. France (14.8 tons)

Exports of Cutlery; Other than Plated with Precious Metal in Algeria

In 2022, exports of cutlery; other than plated with precious metals from Algeria skyrocketed to 486 kg, with an increase of 231% compared with 2021 figures. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of cutlery; other than plated with precious metals surged to $4.5K in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cutlery; Other than Plated with Precious Metal in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/A4284,153870.3%
FranceN/AN/A89.016282.0%
AngolaN/AN/AN/A1140%
China705126N/A68.0-54.1%
SpainN/AN/A237N/A0%
EthiopiaN/AN/A130N/A0%
Turkey981885N/AN/A-9.8%
OthersN/AN/AN/AN/A0%
Total1,6861,0118844,49738.7%

Top Export Markets for Cutlery; Other than Plated with Precious Metal from Algeria in 2022:

  1. Canada (315.0 kg)
  2. Angola (137.0 kg)
  3. France (22.0 kg)
  4. China (12.0 kg)

Source: IndexBox Market Intelligence Platform

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