Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $498 per ton in 2022, shrinking by -17.9% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 48%. Over the period under review, average import prices hit record highs at $700 per ton in 2012; however, from 2013 to 2022, 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 Spain ($1,257 per ton), while the price for the UK ($269 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $515 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $892 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($569 per ton), while the average price for exports to Senegal ($193 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 Greece (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
In 2022, supplies from abroad of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses was finally on the rise to reach 43K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic decrease.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses soared to $21M in 2022. In general, imports, however, faced a significant decline.
Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | 34.6 | 11.9 | 3.2 | 8.8 | -36.6% |
Egypt | 12.2 | 4.8 | 1.5 | 4.6 | -27.8% |
Italy | 56.3 | 8.4 | 1.1 | 2.9 | -62.8% |
Spain | 30.2 | 3.5 | 0.3 | 1.0 | -67.9% |
Portugal | 3.8 | 1.2 | 0.3 | 0.8 | -40.5% |
Belgium | 3.7 | 1.2 | 0.3 | 0.8 | -40.0% |
Germany | 4.7 | 1.3 | 0.3 | 0.6 | -49.6% |
Netherlands | 2.7 | 0.8 | 0.2 | 0.5 | -43.0% |
United Kingdom | 2.2 | 0.6 | 0.1 | 0.3 | -48.5% |
Others | 4.4 | 1.3 | 0.3 | 0.9 | -41.1% |
Total | 155 | 34.8 | 7.6 | 21.2 | -48.5% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Algeria in 2022:
- Greece (21.2K tons)
- Egypt (7.6K tons)
- Italy (6.2K tons)
- Portugal (1.8K tons)
- Belgium (1.4K tons)
- United Kingdom (1.1K tons)
- Netherlands (1.0K tons)
- Germany (0.8K tons)
- Spain (0.8K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
In 2022, the amount of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses exported from Algeria expanded to 2.9K tons, increasing by 4.1% compared with 2021 figures. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 58% against the previous year. As a result, the exports reached the peak of 3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses rose to $1.5M in 2022. The total export value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $1.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | 439 | 694 | 58.1% |
Italy | 1,127 | 1,553 | 113 | 324 | -34.0% |
Netherlands | N/A | N/A | 293 | 179 | -38.9% |
Romania | N/A | N/A | 78.0 | 80.3 | 2.9% |
Greece | N/A | N/A | 28.8 | 67.6 | 134.7% |
Spain | N/A | N/A | 66.0 | 51.7 | -21.7% |
Senegal | N/A | N/A | 25.1 | 15.7 | -37.5% |
Singapore | N/A | N/A | 268 | N/A | 0% |
Others | N/A | N/A | 105 | 72.7 | -30.8% |
Total | 1,127 | 1,553 | 1,417 | 1,485 | 9.6% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Algeria in 2022:
- United States (1331.4 tons)
- Italy (630.2 tons)
- Netherlands (314.6 tons)
- Romania (149.9 tons)
- Greece (119.6 tons)
- Spain (115.8 tons)
- Senegal (81.3 tons)
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