Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria - 2022

Contents:

  1. Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria (CIF) - 2022
  2. Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria

Price for Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria (CIF) - 2022

The average import price for steel, alloy stood at $3,177 per ton in 2022, jumping by 49% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue 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 France ($3,608 per ton), while the price for the UK ($2,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria

In 2022, approx. 546 tons of steel, alloy were imported into Algeria; rising by 170% compared with the previous year's figure. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 851% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of steel, alloy skyrocketed to $1.7M in 2022. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 835%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.43.2121988436.4%
ChinaN/AN/AN/A2220%
Germany4.112.265.6196262.9%
United Kingdom5.719.1118177214.3%
Italy1.011.5125151432.5%
Poland24.5N/AN/AN/A0%
OthersN/AN/A2.0N/A0%
Total41.746.04311,734246.4%

Top Suppliers of Steel, Alloy; Flat-Rolled, Width Less than 600mm, of Silicon-Electrical Steel, Grain-Oriented to Algeria in 2022:

  1. France (274.0 tons)
  2. United Kingdom (87.2 tons)
  3. China (84.6 tons)
  4. Germany (56.2 tons)
  5. Italy (43.8 tons)

Source: IndexBox Market Intelligence Platform

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