Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $5,341 per ton in 2022, surging by 38% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -7.6% against 2020 indices. The import price peaked at $5,780 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($13,341 per ton), while the price for Morocco ($967 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $9,542 per ton, reducing by -3.7% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 358%. As a result, the export price reached the peak level of $26,547 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +8.3% per year.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria

For the third consecutive year, Algeria recorded decline in supplies from abroad of iron or steel cast fittings, other than of non-malleable cast ira, which decreased by -36.8% to 314 tons in 2022. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -23.8% was in 2021.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira declined to $1.7M in 2022. Overall, imports recorded a precipitous curtailment.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Algeria in 2022:

1. France (92.3 tons)
2. China (88.4 tons)
3. Bulgaria (19.7 tons)
4. Slovenia (16.3 tons)
5. United Arab Emirates (14.3 tons)
6. Egypt (13.6 tons)
7. Morocco (13.6 tons)
8. India (11.7 tons)
9. Italy (9.4 tons)
10. Turkey (9.1 tons)
11. Brazil (8.0 tons)
12. Portugal (1.6 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Algeria

In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira decreased by -46.7% to 24 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 571%. As a result, the exports attained the peak of 10 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira dropped significantly to $229 in 2022. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. As a result, the exports attained the peak of $51K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Algeria in 2022:

1. Niger (24.0 kg)

Source: IndexBox Market Intelligence Platform