Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria - 2022

Contents:

  1. Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria (CIF) - 2022
  2. Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria

Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria (CIF) - 2022

The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $13,841 per ton in 2022, approximately equating the previous year. In general, the import price showed a mild downturn. The pace of growth appeared the most rapid in 2015 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum at $34,069 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Germany ($47,625 per ton), while the price for China ($4,170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.3%), while the prices for the other major suppliers experienced a decline.

Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria

In 2022, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Algeria totaled 10 tons, therefore, remained relatively stable against 2021 figures. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $144K in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 5.7%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India54.570.710210022.4%
Belgium28.226.017.218.5-13.1%
Germany16.917.012.214.3-5.4%
Italy28.522.112.311.1-27.0%
Others0.90.60.30.2-39.4%
Total1291361441443.7%

Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Algeria in 2022:

  1. India (8.7 tons)
  2. Belgium (1.0 tons)
  3. Italy (0.3 tons)
  4. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Copper; tubes and pipes, of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) - Algeria