Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria - 2022

Contents:

1. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria (CIF) - 2022
2. Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria (FOB) - 2022
3. Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria
4. Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria (CIF) - 2022

In 2022, the average import price for stainless steel; flat-rolled products of width less than 600mms amounted to $3,153 per ton, increasing by 35% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 stainless steel; flat-rolled products of width less than 600mms increased by +66.4% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($5,865 per ton), while the price for Germany ($2,462 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria (FOB) - 2022

In 2020, the average export price for stainless steel; flat-rolled products of width less than 600mms amounted to $4,007 per ton, with a decrease of -17.8% against the previous year. Over the period under review, the export price showed a perceptible contraction. The pace of growth appeared the most rapid in 2015 an increase of 94% against the previous year. As a result, the export price attained the peak level of $9,421 per ton. From 2016 to 2020, the average 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 2014 to 2020, the rate of growth in terms of prices for Spain amounted to +94.4% per year.

Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria

In 2022, supplies from abroad of stainless steel; flat-rolled products of width less than 600mms was finally on the rise to reach 1.7K tons after two years of decline. In general, imports, however, faced a abrupt contraction.

In value terms, imports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $5.5M in 2022. Overall, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Algeria in 2022:

1. Germany (1063.3 tons)
2. Spain (363.6 tons)
3. China (152.6 tons)
4. France (50.1 tons)
5. Italy (28.4 tons)
6. Portugal (6.7 tons)

Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Algeria

In 2020, the amount of stainless steel; flat-rolled products of width less than 600mms exported from Algeria shrank markedly to 140 kg, waning by -93.5% against 2019 figures. Overall, exports showed a sharp descent.

In value terms, exports of stainless steel; flat-rolled products of width less than 600mms contracted dramatically to $561 in 2020. In general, exports showed a sharp curtailment.

Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Algeria in 2022:

1. Turkey (140.0 kg)

Source: IndexBox Market Intelligence Platform