Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria (CIF) - 2022
In 2022, the average import price for steel, alloy amounted to $688 per ton, falling by -11.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $778 per ton, and then reduced 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 Germany ($1,056 per ton), while the price for India ($663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria
In 2022, approx. 70K tons of steel, alloy were imported into Algeria; increasing by 28% on 2021 figures. In general, imports, however, showed a deep reduction.
In value terms, imports of steel, alloy expanded remarkably to $48M in 2022. Over the period under review, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.9 | 18.7 | 42.7 | 33.6 | -15.6% |
| India | N/A | N/A | N/A | 14.4 | 0% |
| Germany | 3.4 | N/A | N/A | 0.4 | -51.0% |
| Russia | N/A | 3.8 | N/A | N/A | 0% |
| Others | 0.5 | N/A | N/A | N/A | 0% |
| Total | 59.8 | 22.5 | 42.7 | 48.4 | -6.8% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Algeria in 2022:
- China (48.3K tons)
- India (21.7K tons)
- Germany (0.4K tons)
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