Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (CIF) - 2022

In 2022, the average import price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $2.3 per unit, falling by -28.7% against the previous year. Over the period under review, the import price saw a noticeable slump. The growth pace was the most rapid in 2020 when the average import price increased by 61%. The import price peaked at $3.2 per unit in 2021, and then contracted notably in the following year.

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 ($7.9 per unit), while the price for Spain ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $11 per unit, approximately equating the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 97% against the previous year. The export price peaked at $53 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to +90.7% per year.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria

In 2022, approx. 9.7K units of millstones, grindstones, grinding wheels and the like; of natural stones were imported into Algeria; which is down by -84.7% on the previous year. In general, imports faced a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 6.1% against the previous year. Over the period under review, imports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at 105K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones contracted dramatically to $22K in 2022. Overall, imports showed a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 25%. As a result, imports attained the peak of $203K, and then dropped remarkably in the following year.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain88.964.152.111.1-50.0%
France12.313.913.31.9-46.3%
China31.329.490.21.2-66.3%
Italy1.910.28.91.1-16.7%
Turkey17.213.55.90.7-65.6%
Slovenia4.24.84.70.7-45.0%
Tunisia4.72.60.60.4-56.0%
Others18.624.327.65.0-35.5%
Total17916320322.2-50.1%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Algeria in 2022:

  1. Spain (8.2K units)
  2. Italy (0.4K units)
  3. France (0.2K units)
  4. Slovenia (0.2K units)
  5. China (0.2K units)
  6. Turkey (0.1K units)
  7. Tunisia (0.1K units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria

In 2022, exports of millstones, grindstones, grinding wheels and the like; of natural stones from Algeria amounted to 894 units, approximately mirroring 2021. The total export volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones stood at $9.6K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 increased by +70.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 70%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.09.69.69.624.3%
Gabon0.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.69.69.69.619.7%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Algeria in 2022:

  1. Turkey (894.0 units)

Source: IndexBox Market Intelligence Platform

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