Price for Stainless Steel in Ingots or Other Primary Forms in Algeria - 2022
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Algeria (CIF) - 2022
- Imports of Stainless Steel in Ingots or Other Primary Forms in Algeria
Price for Stainless Steel in Ingots or Other Primary Forms in Algeria (CIF) - 2022
In 2022, the average import price for stainless steel in ingots or other primary forms amounted to $35,303 per ton, with an increase of 12% against the previous year. Over the period under review, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 803% against the previous year. The import price peaked at $69,642 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($212,846 per ton), while the price for Turkey ($756 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel in Ingots or Other Primary Forms in Algeria
In 2022, approx. 1.1 tons of stainless steel in ingots or other primary forms were imported into Algeria; shrinking by -44.5% on 2021 figures. Overall, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 806%.
In value terms, imports of stainless steel in ingots or other primary forms reduced remarkably to $38K in 2022. In general, imports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 310% against the previous year.
| Import of Stainless Steel in Ingots or Other Primary Forms in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 28.7 | 5.2 | 6.9 | 14.5 | -20.4% |
| United Arab Emirates | 23.2 | 0.5 | 2.2 | 8.4 | -28.7% |
| United Kingdom | 23.9 | 3.4 | 2.4 | 6.0 | -36.9% |
| China | 5.8 | 0.6 | 0.3 | 0.5 | -55.8% |
| France | 63.5 | 1.3 | 0.1 | 0.3 | -83.2% |
| Turkey | 0.9 | 0.1 | N/A | 0.1 | -51.9% |
| Others | 126 | 3.8 | 49.4 | 8.4 | -59.5% |
| Total | 272 | 15.0 | 61.4 | 38.2 | -48.0% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Algeria in 2022:
- Belgium (5315.0 kg)
- Turkey (90.0 kg)
- United Kingdom (87.0 kg)
- China (36.0 kg)
- France (21.0 kg)
- United Arab Emirates (16.0 kg)
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