Price for Mineral Substances Not Elsewhere Specified or Included in Algeria - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Algeria (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Algeria (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Algeria
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Algeria

Price for Mineral Substances Not Elsewhere Specified or Included in Algeria (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $252 per ton, growing by 5.3% against the previous year. In general, the import price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 89% against the previous year. As a result, import price attained the peak level of $509 per ton. From 2019 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 Spain ($2,407 per ton), while the price for India ($97 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mineral Substances Not Elsewhere Specified or Included in Algeria (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $1,103 per ton in 2022, increasing by 8.7% against the previous year. In general, the export price, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 56%. Over the period under review, the average export prices hit record highs at $4,090 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($18,919 per ton), while the average price for exports to France ($348 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 Spain (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in Algeria

After three years of growth, purchases abroad of mineral substances not elsewhere specified or includeds decreased by -15% to 28K tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of 33K tons, and then fell dramatically in the following year.

In value terms, imports of mineral substances not elsewhere specified or includeds contracted to $7M in 2022. The total import value increased at an average annual rate of +5.3% over the period 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 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of $7.8M, and then reduced in the following year.

Import of Mineral Substances Not Elsewhere Specified or Included in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.72.64.23.628.4%
Turkey0.40.50.41.035.7%
Spain2.82.01.90.9-31.5%
Germany0.30.30.30.1-30.7%
Others0.90.91.01.415.9%
Total6.06.27.87.05.3%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Algeria in 2022:

  1. Russia (23.1K tons)
  2. Turkey (1.7K tons)
  3. Spain (0.4K tons)
  4. Germany (0.2K tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Algeria

In 2022, exports of mineral substances not elsewhere specified or includeds from Algeria shrank significantly to 7.1 tons, waning by -46.9% on 2021 figures. Overall, exports continue to indicate a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 313% against the previous year.

In value terms, exports of mineral substances not elsewhere specified or includeds shrank remarkably to $7.8K in 2022. In general, exports, however, showed a noticeable increase. The growth pace was the most rapid in 2021 when exports increased by 545% against the previous year. As a result, the exports attained the peak of $14K, and then contracted significantly in the following year.

Export of Mineral Substances Not Elsewhere Specified or Included in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.44.92.836.5%
Italy0.70.33.72.144.2%
France2.80.72.51.4-20.6%
Germany1.90.51.91.2-14.2%
Others0.60.20.60.3-20.6%
Total7.22.113.67.82.7%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Algeria in 2022:

  1. France (4.1 tons)
  2. China (1.9 tons)
  3. Germany (1.0 tons)
  4. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform

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