Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $26,609 per ton in 2022, rising by 93% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($164,777 per ton), while the price for China ($2,226 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria
In 2022, the amount of steel, stainless; semi-finished products, other than of rectangular cross-sectia imported into Algeria skyrocketed to 3.1 tons, picking up by 227% against 2021. Overall, imports, however, continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 473% against the previous year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia soared to $82K in 2022. Over the period under review, imports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 756%.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 42.2 | 0% |
| South Korea | 9.5 | 0.4 | 4.7 | 12.8 | 10.4% |
| Italy | 11.1 | 0.3 | 1.6 | 9.8 | -4.1% |
| France | 52.0 | 0.3 | 0.6 | 6.9 | -49.0% |
| United States | 5.0 | 0.2 | 2.2 | 5.7 | 4.5% |
| China | 3.1 | 0.1 | 0.8 | 1.5 | -21.5% |
| Turkey | 0.7 | N/A | 0.2 | 0.3 | -24.6% |
| Singapore | 5.0 | N/A | N/A | N/A | 0% |
| Others | 6.0 | 0.1 | 2.9 | 2.9 | -21.5% |
| Total | 92.3 | 1.5 | 13.0 | 82.2 | -3.8% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Algeria in 2022:
- South Korea (932.0 kg)
- China (690.0 kg)
- France (621.0 kg)
- Italy (326.0 kg)
- United Arab Emirates (256.0 kg)
- United States (139.0 kg)
- Turkey (89.0 kg)
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