Waxes; Artificial, Prepared Price in Algeria - 2022

Contents:

  1. Waxes; Artificial, Prepared Price in Algeria (CIF) - 2022
  2. Waxes; Artificial, Prepared Price in Algeria (FOB) - 2022
  3. Waxes; Artificial, Prepared Imports in Algeria
  4. Waxes; Artificial, Prepared Exports in Algeria

Waxes; Artificial, Prepared Price in Algeria (CIF) - 2022

The average waxes; artificial, prepared import price stood at $3,424 per ton in 2022, which is down by -10.1% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30%. The import price peaked at $4,064 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 ($5,556 per ton), while the price for South Korea ($1,344 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Waxes; Artificial, Prepared Price in Algeria (FOB) - 2022

The average waxes; artificial, prepared export price stood at $9,920 per ton in 2022, jumping by 238% against the previous year. In general, the export price saw resilient growth. Over the period under review, the average export prices hit record highs at $16,594 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($11,396 per ton), while the average price for exports to France totaled $8,885 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.2%).

Waxes; Artificial, Prepared Imports in Algeria

Waxes; artificial, prepared imports into Algeria dropped to 3.1K tons in 2022, falling by -8.8% on the year before. Overall, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, imports attained the peak of 3.4K tons, and then contracted in the following year.

In value terms, waxes; artificial, prepared imports dropped rapidly to $11M in 2022. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports attained the peak of $13M, and then declined markedly in the following year.

Import of Waxes; Artificial, Prepared in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.31.34.53.515.0%
China1.12.12.42.124.1%
Italy0.70.41.71.631.7%
Turkey0.10.30.30.791.3%
Spain3.11.71.60.6-42.2%
Denmark1.60.80.90.5-32.1%
IndiaN/A0.70.40.5-15.5%
South Korea0.10.10.20.226.0%
IndonesiaN/AN/AN/A0.10%
Others1.11.01.11.0-3.1%
Total10.18.413.110.71.9%

Top Suppliers of Waxes; Artificial, Prepared to Algeria in 2022:

  1. China (725.1 tons)
  2. France (625.9 tons)
  3. Italy (433.1 tons)
  4. Turkey (300.5 tons)
  5. Spain (203.7 tons)
  6. Denmark (200.5 tons)
  7. India (153.3 tons)
  8. South Korea (114.3 tons)
  9. Indonesia (78.9 tons)

Waxes; Artificial, Prepared Exports in Algeria

In 2022, shipments abroad of waxes; artificial, prepared increased by 4.4% to 975 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a significant curtailment.

In value terms, waxes; artificial, prepared exports skyrocketed to $9.7K in 2022. Over the period under review, exports, however, faced a precipitous setback.

Export of Waxes; Artificial, Prepared in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.28.00.15.1194.3%
Indonesia0.38.6N/A4.6148.4%
LebanonN/AN/A2.7N/A0%
Italy30.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total30.516.62.79.7-31.7%

Top Export Markets for Waxes; Artificial, Prepared from Algeria in 2022:

  1. France (573.0 kg)
  2. Indonesia (402.0 kg)

Source: IndexBox Market Intelligence Platform

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