Price for Iron Oxides and Hydroxides in Algeria - 2022
Contents:
- Price for Iron Oxides and Hydroxides in Algeria (CIF) - 2022
- Imports of Iron Oxides and Hydroxides in Algeria
Price for Iron Oxides and Hydroxides in Algeria (CIF) - 2022
The average iron oxides and hydroxides import price stood at $1,513 per ton in 2022, reducing by -26.5% against the previous year. In general, the import price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 43%. The import price peaked at $2,058 per ton in 2021, and then contracted notably in the following year.
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 Ukraine ($2,493 per ton), while the price for the United Arab Emirates ($503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron Oxides and Hydroxides in Algeria
In 2022, the amount of iron oxides and hydroxideses imported into Algeria expanded remarkably to 1.9K tons, increasing by 12% on 2021. In general, imports, however, saw a deep downturn.
In value terms, iron oxides and hydroxides imports contracted markedly to $2.8M in 2022. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 5.3%. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Iron Oxides and Hydroxides in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,316 | 1,534 | 1,423 | 1,458 | 3.5% |
| China | 2,364 | 2,616 | 1,377 | 714 | -32.9% |
| Canada | 309 | 363 | 339 | 349 | 4.1% |
| France | 123 | 88.6 | 57.7 | 52.9 | -24.5% |
| India | 52.2 | 19.1 | 9.8 | 31.6 | -15.4% |
| Spain | 105 | 63.6 | 14.4 | 31.2 | -33.3% |
| United Arab Emirates | 10.2 | 4.1 | 3.9 | 23.0 | 31.1% |
| Tunisia | 43.1 | 21.7 | 14.4 | 10.2 | -38.1% |
| Others | 325 | 186 | 163 | 131 | -26.1% |
| Total | 4,647 | 4,896 | 3,403 | 2,801 | -15.5% |
Top Suppliers of Iron Oxides and Hydroxides to Algeria in 2022:
- United States (726.2 tons)
- China (566.6 tons)
- Canada (294.0 tons)
- France (54.8 tons)
- United Arab Emirates (45.6 tons)
- India (27.8 tons)
- Spain (22.2 tons)
- Tunisia (17.9 tons)
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