Price for Wire of Other Alloy Steel in Algeria - 2022
Contents:
- Price for Wire of Other Alloy Steel in Algeria (CIF) - 2022
- Imports of Wire of Other Alloy Steel in Algeria
Price for Wire of Other Alloy Steel in Algeria (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,257 per ton in 2022, falling by -20.8% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of 35% against the previous year. The import price peaked at $2,084 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 ($3,963 per ton), while the price for Turkey ($402 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wire of Other Alloy Steel in Algeria
In 2022, approx. 2.4K tons of wire of other alloy steels were imported into Algeria; jumping by 125% compared with the year before. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel imports soared to $3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. 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.
| Import of Wire of Other Alloy Steel in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 859 | 218 | 137 | 1,300 | 14.8% |
| Belgium | 195 | 233 | 714 | 686 | 52.1% |
| Italy | 198 | 874 | 303 | 342 | 20.0% |
| Netherlands | 171 | 61.8 | 97.7 | 120 | -11.1% |
| France | 108 | 312 | 82.1 | 88.0 | -6.6% |
| Turkey | 113 | 61.9 | 80.1 | 80.7 | -10.6% |
| United States | 115 | 60.5 | 74.8 | 71.9 | -14.5% |
| India | 4.0 | 4.7 | 25.1 | 69.0 | 158.4% |
| Bulgaria | N/A | N/A | N/A | 59.4 | 0% |
| Others | 330 | 130 | 179 | 198 | -15.7% |
| Total | 2,093 | 1,956 | 1,693 | 3,016 | 13.0% |
Top Suppliers of Wire of Other Alloy Steel to Algeria in 2022:
- China (1339.3 tons)
- Belgium (424.7 tons)
- Turkey (200.8 tons)
- Italy (169.0 tons)
- Bulgaria (67.4 tons)
- India (52.3 tons)
- United States (50.5 tons)
- Netherlands (35.4 tons)
- France (22.2 tons)
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