Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (FOB) - 2022
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (CIF) - 2022
- Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (FOB) - 2022
In 2022, the average export price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $457 per ton, picking up by 1.6% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices hit record highs at $555 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($793 per ton), while the average price for exports to Mauritania totaled $357 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (-13.7%).
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $613 per ton, declining by -34.3% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 77% against the previous year. The import price peaked at $1,061 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($619 per ton), while the price for the Netherlands ($538 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.9%), while the prices for the other major suppliers experienced a decline.
Exports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
In 2022, after three years of growth, there was significant decline in overseas shipments of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -19.3% to 13K tons. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 171%.
In value terms, exports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses dropped sharply to $6.1M in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 129% against the previous year.
Export of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 2.1 | 4.8 | 4.9 | 3.7 | 20.8% |
Germany | N/A | N/A | N/A | 2.1 | 0% |
Turkey | N/A | N/A | 2.6 | N/A | 0% |
Others | N/A | N/A | N/A | 0.3 | 0% |
Total | 2.1 | 4.8 | 7.5 | 6.1 | 42.7% |
Top Export Markets for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Algeria in 2022:
- Mauritania (10.3K tons)
- Germany (2.7K tons)
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria
In 2022, supplies from abroad of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses was finally on the rise to reach 7K tons after two years of decline. Over the period under review, imports, however, recorded a sharp downturn.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses skyrocketed to $4.3M in 2022. In general, imports, however, saw a sharp reduction.
Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 17.8 | 5.3 | 2.1 | 3.8 | -40.2% |
Netherlands | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
China | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.3 | 5.8 | 2.8 | 4.3 | -38.3% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Algeria in 2022:
- Italy (6.2K tons)
- Netherlands (0.5K tons)
- China (0.3K tons)
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