Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria - 2022
Contents:
- Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria (CIF) - 2022
- Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria
Price for Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria (CIF) - 2022
The average import price for ferrous waste and scrap; of alloy steel (excluding stainless)s stood at $809 per ton in 2022, falling by -2.2% against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 an increase of 99% against the previous year. As a result, import price reached the peak level of $1,850 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
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 France ($822 per ton), while the price for Japan ($190 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria
Imports of ferrous waste and scrap; of alloy steel (excluding stainless)s into Algeria soared to 73 tons in 2022, picking up by 16% compared with 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of ferrous waste and scrap; of alloy steel (excluding stainless)s totaled $59K in 2022. The total import value increased at an average annual rate of +13.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 37.9 | 43.7 | 50.2 | 57.5 | 14.9% |
| Germany | 1.1 | 1.0 | 0.9 | 0.8 | -10.1% |
| Japan | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Others | 0.9 | 0.7 | 0.6 | 0.5 | -17.8% |
| Total | 40.4 | 45.8 | 52.0 | 59.0 | 13.5% |
Top Suppliers of Ferrous Waste and Scrap; of Alloy Steel (Excluding Stainless) to Algeria in 2022:
- France (70.0 tons)
- Japan (1.4 tons)
- Germany (1.0 tons)
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This report provides an in-depth analysis of the market for metal remelting scrap ingots in Algeria.
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This report provides an in-depth analysis of the global market for metal remelting scrap ingots.
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