Algeria - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Algeria - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights

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Concrete Reinforcing Bar Price in Algeria - 2022

Contents:

  1. Concrete Reinforcing Bar Price in Algeria (CIF) - 2022
  2. Concrete Reinforcing Bar Price in Algeria (FOB) - 2022
  3. Concrete Reinforcing Bar Imports in Algeria
  4. Concrete Reinforcing Bar Exports in Algeria

Concrete Reinforcing Bar Price in Algeria (CIF) - 2022

The average concrete reinforcing bar import price stood at $594 per ton in 2022, increasing by 7.8% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 33%. Over the period under review, average import prices reached the peak figure at $681 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($652 per ton), while the price for Latvia ($271 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.3%), while the prices for the other major suppliers experienced a decline.

Concrete Reinforcing Bar Price in Algeria (FOB) - 2022

In 2022, the average concrete reinforcing bar export price amounted to $723 per ton, falling by -3.7% against the previous year. Over the period under review, the export price showed a slight contraction. The growth pace was the most rapid in 2021 when the average export price increased by 42% against the previous year. The export price peaked at $884 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mauritania ($813 per ton) and Belgium ($740 per ton), while the average price for exports to Lebanon ($649 per ton) and Romania ($658 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+16.7%), while the prices for the other major destinations experienced mixed trend patterns.

Concrete Reinforcing Bar Imports in Algeria

For the third year in a row, Algeria recorded decline in purchases abroad of concrete reinforcing bars, which decreased by -5.5% to 40K tons in 2022. Over the period under review, imports recorded a dramatic curtailment.

In value terms, concrete reinforcing bar imports rose slightly to $24M in 2022. Overall, imports faced a precipitous slump.

Import of Concrete Reinforcing Bar in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania55.735.79.410.3-43.0%
Poland25.416.34.34.7-43.0%
Greece13.26.71.41.2-55.0%
Spain24.65.51.31.2-63.5%
Latvia8.04.41.00.9-51.7%
Turkey10.94.61.00.7-60.0%
Italy79.514.30.60.6-80.4%
Portugal5.03.10.70.6-50.7%
Others13931.93.83.7-70.1%
Total36112223.423.8-59.6%

Top Suppliers of Concrete Reinforcing Bar to Algeria in 2022:

  1. Lithuania (16.3K tons)
  2. Poland (7.2K tons)
  3. Latvia (3.4K tons)
  4. Greece (2.9K tons)
  5. Spain (2.3K tons)
  6. Turkey (1.8K tons)
  7. Portugal (1.6K tons)
  8. Italy (1.2K tons)

Concrete Reinforcing Bar Exports in Algeria

In 2022, approx. 11 tons of concrete reinforcing bars were exported from Algeria; which is down by 99.9% against the previous year. Over the period under review, exports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 787%. As a result, the exports attained the peak of 508K tons, and then fell significantly in the following year.

In value terms, concrete reinforcing bar exports contracted notably to $7.9K in 2022. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,156%. As a result, the exports reached the peak of $381M, and then contracted markedly in the following year.

Export of Concrete Reinforcing Bar in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38.53.3N/AN/A-91.4%
Belgium1.47.140.5N/A437.9%
GermanyN/AN/A95.8N/A0%
United Kingdom2.11.1N/AN/A-47.6%
LebanonN/AN/AN/AN/A0%
NetherlandsN/AN/A33.3N/A0%
RomaniaN/AN/A18.7N/A0%
Mauritania1.5N/AN/AN/A0%
Canada24.918.8N/AN/A-24.5%
Others1.4N/A193N/A1074.1%
Total69.830.3381N/A133.6%

Top Export Markets for Concrete Reinforcing Bar from Algeria in 2022:

  1. Germany (2.3 tons)
  2. Belgium (1.7 tons)
  3. Netherlands (0.6 tons)
  4. Romania (0.2 tons)
  5. Lebanon (0.2 tons)
  6. Mauritania (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
  • Prodcom 24106210 - Hot-rolled concrete reinforcing bars

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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