Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria - 2022
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (CIF) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (CIF) - 2022
In 2022, the average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $200 per ton, dropping by -17.5% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 104% against the previous year. As a result, import price attained the peak level of $242 per ton, and then dropped markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bahrain ($270 per ton), while the price for Mauritania ($46 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (FOB) - 2022
In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $142 per ton, increasing by 7.3% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 9.4% against the previous year. The export price peaked at $310 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 -7.5% per year.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria
In 2022, purchases abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) decreased by -5% to 2.9M tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 72%.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) fell remarkably to $572M in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 213%. As a result, imports attained the peak of $730M, and then reduced dramatically in the following year.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 76.6 | 140 | 266 | 243 | 46.9% |
| Bahrain | N/A | N/A | 284 | 177 | -37.7% |
| Brazil | 32.8 | 52.4 | 53.4 | 80.1 | 34.7% |
| Sweden | 3.8 | 19.1 | 28.1 | 26.5 | 91.1% |
| Mauritania | 8.7 | 11.7 | 10.6 | 10.3 | 5.8% |
| Ukraine | 6.5 | 9.8 | 9.6 | 8.8 | 10.6% |
| Oman | N/A | N/A | 50.4 | N/A | 0% |
| Others | 4.0 | 0.1 | 28.2 | 26.9 | 88.8% |
| Total | 132 | 233 | 730 | 572 | 63.0% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Algeria in 2022:
- Canada (1100.7K tons)
- Bahrain (652.8K tons)
- Brazil (488.4K tons)
- Mauritania (221.3K tons)
- Sweden (180.6K tons)
- Ukraine (38.7K tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria
For the third consecutive year, Algeria recorded decline in shipments abroad of iron ores and concentrates, agglomerated (excluding roasted iron pyrites), which decreased by -20.1% to 127 kg in 2022. Over the period under review, exports faced a precipitous decrease. The smallest decline of -19.7% was in 2021.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) contracted to $18 in 2022. Overall, exports faced a abrupt descent. The smallest decline of -12.5% was in 2021.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 28.0 | 24.0 | 21.0 | 18.0 | -13.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 24.0 | 21.0 | 18.0 | -13.7% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Algeria in 2022:
- France (127.0 kg)
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