Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria (CIF) - 2022
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $462 per ton, rising by 3.2% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by 100% against the previous year. The import price peaked at $1,528 per ton in 2015; however, from 2016 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 Spain ($587 per ton), while the price for Belgium ($91 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-10.5%), while the prices for the other major suppliers experienced a decline.
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria
In 2022, supplies from abroad of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses decreased by -49.3% to 173 tons, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 98% against the previous year. As a result, imports attained the peak of 729 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses declined dramatically to $80K in 2022. Overall, imports recorded a significant decline. The growth pace was the most rapid in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of $306K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 151 | 29.9 | 136 | 73.4 | -21.4% |
| Russia | 26.6 | 3.9 | 12.9 | 5.1 | -42.3% |
| France | 6.2 | 0.9 | 3.0 | 1.2 | -42.2% |
| Belgium | 1.4 | 0.2 | 1.0 | 0.5 | -29.1% |
| Egypt | N/A | 271 | N/A | N/A | 0% |
| Others | 3.2 | N/A | N/A | N/A | 0% |
| Total | 189 | 306 | 153 | 80.2 | -24.9% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Algeria in 2022:
- Spain (125.0 tons)
- Russia (39.0 tons)
- Belgium (5.1 tons)
- France (4.3 tons)
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This report provides an in-depth analysis of the pig iron market in Algeria.
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This report provides an in-depth analysis of the global pig iron market.
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