Price for Refined Copper Tube and Pipe in Algeria - 2022
Contents:
- Price for Refined Copper Tube and Pipe in Algeria (CIF) - 2022
- Imports of Refined Copper Tube and Pipe in Algeria
Price for Refined Copper Tube and Pipe in Algeria (CIF) - 2022
The average import price for tubes and pipes of refined copper stood at $10,459 per ton in 2022, growing by 3.2% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined copper tube and pipe import price increased by +43.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Spain ($11,423 per ton), while the price for Singapore ($7,337 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Refined Copper Tube and Pipe in Algeria
For the third consecutive year, Algeria recorded decline in supplies from abroad of tubes and pipes of refined copper, which decreased by -0.2% to 5.1K tons in 2022. Overall, imports showed a abrupt decline.
In value terms, refined copper tube and pipe imports reached $54M in 2022. In general, imports continue to indicate a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.
| Import of Refined Copper Tube and Pipe in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 20.5 | 16.7 | 22.6 | 27.7 | 10.6% |
| Greece | 9.8 | 9.6 | 11.8 | 10.8 | 3.3% |
| China | 2.6 | 2.5 | 1.8 | 5.1 | 25.2% |
| Spain | 12.3 | 3.6 | 7.1 | 3.1 | -36.8% |
| Germany | 6.4 | 3.0 | 2.7 | 2.8 | -24.1% |
| Bahrain | N/A | 0.2 | 0.4 | 1.2 | 144.9% |
| France | 7.7 | 7.3 | 4.4 | 1.0 | -49.4% |
| Singapore | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Others | 0.9 | 0.8 | 0.9 | 1.3 | 13.0% |
| Total | 60.7 | 44.3 | 52.3 | 53.9 | -3.9% |
Top Suppliers of Refined Copper Tube and Pipe to Algeria in 2022:
- Italy (2501.8 tons)
- Greece (976.8 tons)
- China (597.2 tons)
- Germany (376.6 tons)
- Spain (274.5 tons)
- Bahrain (110.6 tons)
- Singapore (98.2 tons)
- France (93.7 tons)
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