Algeria - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Algeria - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Price in Algeria - 2022

Contents:

  1. Metal Chain Price in Algeria (CIF) - 2022
  2. Metal Chain Price in Algeria (FOB) - 2022
  3. Metal Chain Imports in Algeria
  4. Metal Chain Exports in Algeria

Metal Chain Price in Algeria (CIF) - 2022

The average metal chain import price stood at $5,481 per ton in 2022, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2020 an increase of 29% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($12,823 per ton), while the price for Turkey ($1,858 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Metal Chain Price in Algeria (FOB) - 2022

The average metal chain export price stood at $9,594 per ton in 2022, surging by 7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2019 an increase of 155% against the previous year. Over the period under review, the average export prices hit record highs at $28,450 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -5.3% per year.

Metal Chain Imports in Algeria

In 2022, overseas purchases of iron or steel chain decreased by -2.3% to 203 tons, falling for the second year in a row after two years of growth. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports reached the peak of 274 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, metal chain imports expanded notably to $1.1M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 44%. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Metal Chain in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey72.815812720841.9%
China195408260143-9.8%
United Kingdom76.195.286.598.38.9%
Bulgaria59.580.078.195.417.0%
United States6.517.734.355.3104.1%
France43.054.820.235.3-6.4%
Belgium29.66.56.020.4-11.7%
Germany4.259.417.517.460.6%
Poland25.315.31.94.5-43.8%
Others3513513504377.6%
Total8631,2479821,1148.9%

Top Suppliers of Metal Chain to Algeria in 2022:

  1. Turkey (111.7 tons)
  2. China (33.4 tons)
  3. United States (10.5 tons)
  4. United Kingdom (9.6 tons)
  5. Bulgaria (7.4 tons)
  6. Germany (6.0 tons)
  7. France (5.0 tons)
  8. Belgium (3.5 tons)
  9. Poland (2.0 tons)

Metal Chain Exports in Algeria

Metal chain exports from Algeria soared to 138 kg in 2022, with an increase of 39% compared with 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,400% against the previous year. As a result, the exports attained the peak of 180 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal chain exports skyrocketed to $1.3K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,476% against the previous year. As a result, the exports attained the peak of $1.8K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Metal Chain in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France68.047.08831,324169.0%
Bosnia and Herzegovina16.0N/AN/AN/A0%
NigerN/A1,218N/AN/A0%
Others28.0500N/AN/A1685.7%
Total1121,7658831,324127.8%

Top Export Markets for Metal Chain from Algeria in 2022:

  1. France (138.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain 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 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

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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