Nitrites; Nitrates Price in Algeria - 2022
Contents:
Nitrites; Nitrates Price in Algeria (CIF) - 2022
The average nitrites; nitrates import price stood at $756 per ton in 2022, reducing by -3.2% against the previous year. Over the period under review, the import price saw a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 12%. Over the period under review, average import prices reached the maximum at $1,127 per ton in 2014; however, from 2015 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 ($1,249 per ton), while the price for Belgium ($206 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Nitrites; Nitrates Imports in Algeria
In 2022, approx. 3.9K tons of nitrites; nitrateses were imported into Algeria; which is down by -21.4% against 2021. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 72% against the previous year. As a result, imports attained the peak of 4.9K tons, and then contracted significantly in the following year.
In value terms, nitrites; nitrates imports fell dramatically to $2.9M in 2022. Overall, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. As a result, imports attained the peak of $3.8M, and then dropped rapidly in the following year.
| Import of Nitrites; Nitrates in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 489 | 451 | 1,067 | 1,160 | 33.4% |
| Jordan | N/A | N/A | N/A | 146 | 0% |
| France | 578 | 86.7 | 15.0 | 110 | -42.5% |
| Spain | 383 | 87.1 | 569 | 99.7 | -36.1% |
| Belgium | N/A | N/A | 148 | 0.4 | -99.7% |
| China | 623 | 2.5 | 3.1 | N/A | -92.9% |
| Poland | 56.8 | 153 | 71.9 | N/A | 12.5% |
| Denmark | N/A | 151 | N/A | N/A | 0% |
| Others | 1,571 | 1,073 | 1,968 | 1,406 | -3.6% |
| Total | 3,700 | 2,004 | 3,842 | 2,923 | -7.6% |
Top Suppliers of Nitrites; Nitrates to Algeria in 2022:
- Netherlands (1460.8 tons)
- Spain (250.1 tons)
- Jordan (160.7 tons)
- France (88.1 tons)
- Belgium (2.0 tons)
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