Price for Tube or Pipe Flanges of Stainless Steel in Algeria - 2022
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Algeria (CIF) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Algeria
Price for Tube or Pipe Flanges of Stainless Steel in Algeria (CIF) - 2022
In 2022, the average import price for tube or pipe flanges of stainless steels amounted to $9,246 per ton, waning by -7.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. As a result, import price attained the peak level of $10,044 per ton, and then contracted 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 Canada ($27,104 per ton), while the price for Egypt ($1,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Flanges of Stainless Steel in Algeria
In 2022, supplies from abroad of tube or pipe flanges of stainless steels decreased by -24.3% to 203 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 4.6%. As a result, imports reached the peak of 585 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tube or pipe flanges of stainless steels fell remarkably to $1.9M in 2022. Over the period under review, imports faced a sharp decline. The smallest decline of -3.9% was in 2020.
Import of Tube or Pipe Flanges of Stainless Steel in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 452 | 539 | 566 | 610 | 10.5% |
China | 1,018 | 262 | 439 | 443 | -24.2% |
France | 643 | 407 | 508 | 129 | -41.5% |
Italy | 1,538 | 1,896 | 761 | 126 | -56.6% |
India | 52.4 | 20.6 | 44.4 | 86.3 | 18.1% |
United Arab Emirates | 6.9 | 7.5 | 25.0 | 71.9 | 118.4% |
Turkey | 188 | 105 | 72.8 | 69.7 | -28.2% |
Egypt | 67.0 | 60.7 | 48.4 | 39.6 | -16.1% |
Spain | 78.7 | 622 | 26.7 | 15.8 | -41.4% |
Others | 251 | 209 | 201 | 286 | 4.4% |
Total | 4,295 | 4,128 | 2,692 | 1,877 | -24.1% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Algeria in 2022:
- China (58.7 tons)
- Egypt (37.1 tons)
- India (30.4 tons)
- Canada (22.5 tons)
- France (9.9 tons)
- United Arab Emirates (9.8 tons)
- Italy (9.1 tons)
- Turkey (7.2 tons)
- Spain (2.0 tons)
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Discover the top import markets for iron or steel tube fittings and key statistics in this comprehensive article. Find out which countries lead the industry and their import values. Explore opportunities for exporters in the global market.
Global Steel Pipe Fitting Market: In 2017, the volume of the global steel tube fittings consumption stood at approx. X tons. After a noticeable contraction in 2009, the volume of consumption recovered over the next three years and then levelled of
Global tube or pipe fitting imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports volume...
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