Algeria - Argon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArgon Price in Algeria - 2022
Contents:
- Argon Price in Algeria (CIF) - 2022
- Argon Price in Algeria (FOB) - 2022
- Argon Imports in Algeria
- Argon Exports in Algeria
Argon Price in Algeria (CIF) - 2022
The average argon import price stood at $1.4 per cubic meter in 2022, dropping by -2.4% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2019 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $2.8 per cubic meter in 2015; however, from 2016 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 Tunisia ($9.5 per cubic meter), while the price for Turkey ($0.7 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Argon Price in Algeria (FOB) - 2022
In 2022, the average argon export price amounted to $1.4 per cubic meter, shrinking by -9.3% against the previous year. In general, the export price saw a slight setback. The pace of growth appeared the most rapid in 2021 an increase of 154%. The export price peaked at $3.6 per cubic meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($1.7 per cubic meter), while the average price for exports to France ($1 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+0.4%).
Argon Imports in Algeria
In 2022, approx. 543K cubic meters of argon were imported into Algeria; shrinking by -11.5% against the year before. In general, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports hit record highs at 824K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, argon imports shrank to $782K in 2022. Overall, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Argon in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 164 | 122 | 170 | 209 | 8.4% |
| China | 103 | 84.8 | 131 | 177 | 19.8% |
| Belgium | 322 | 168 | 125 | 142 | -23.9% |
| France | 466 | 197 | 370 | 133 | -34.2% |
| Spain | 59.8 | 46.9 | 68.7 | 88.9 | 14.1% |
| United Kingdom | 15.9 | 9.2 | 10.0 | 9.6 | -15.5% |
| Turkey | N/A | 6.1 | 21.9 | 9.5 | 24.8% |
| Others | 33.5 | 24.2 | 9.1 | 13.1 | -26.9% |
| Total | 1,164 | 658 | 905 | 782 | -12.4% |
Top Suppliers of Argon to Algeria in 2022:
- France (173.7K cubic meters)
- Belgium (140.0K cubic meters)
- Spain (121.1K cubic meters)
- China (47.8K cubic meters)
- Italy (35.9K cubic meters)
- Turkey (13.2K cubic meters)
- United Kingdom (10.4K cubic meters)
Argon Exports in Algeria
In 2022, after three years of growth, there was significant decline in shipments abroad of argon, when their volume decreased by -40.9% to 55K cubic meters. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 452% against the previous year. As a result, the exports reached the peak of 92K cubic meters, and then shrank rapidly in the following year.
In value terms, argon exports fell notably to $76K in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,302%. As a result, the exports reached the peak of $142K, and then dropped rapidly in the following year.
| Export of Argon in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 8.5 | 8.8 | 142 | 36.1 | 61.9% |
| Italy | N/A | N/A | N/A | 20.1 | 0% |
| France | N/A | N/A | N/A | 19.7 | 0% |
| Pakistan | N/A | 1.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.5 | 10.1 | 142 | 76.0 | 107.6% |
Top Export Markets for Argon from Algeria in 2022:
- Tunisia (21.3K cubic meters)
- France (19.7K cubic meters)
- Italy (13.6K cubic meters)
This report provides an in-depth analysis of the argon market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111120 - Argon
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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