Price for Steel, Alloy; Semi-Finished Products in Algeria - 2022
Contents:
- Price for Steel, Alloy; Semi-Finished Products in Algeria (CIF) - 2022
- Imports of Steel, Alloy; Semi-Finished Products in Algeria
Price for Steel, Alloy; Semi-Finished Products in Algeria (CIF) - 2022
The average steel, alloy; semi-finished products import price stood at $2,221 per ton in 2022, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2014 an increase of 35%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($9,502 per ton), while the price for Italy ($1,629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+121.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Alloy; Semi-Finished Products in Algeria
In 2022, approx. 102 tons of steel, alloy; semi-finished productses were imported into Algeria; picking up by 38% on the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, steel, alloy; semi-finished products imports skyrocketed to $227K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Semi-Finished Products in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 17.8 | 27.2 | 40.9 | 86.6 | 69.4% |
| Egypt | 25.2 | 31.6 | 38.7 | 54.6 | 29.4% |
| Germany | 5.5 | 9.3 | 15.3 | 38.8 | 91.8% |
| Belgium | 14.1 | 15.7 | 17.0 | 19.3 | 11.0% |
| United States | 10.6 | 12.8 | 15.0 | 18.5 | 20.4% |
| Others | 6.8 | 7.4 | 8.1 | 9.6 | 12.2% |
| Total | 80.1 | 104 | 135 | 227 | 41.5% |
Top Suppliers of Steel, Alloy; Semi-Finished Products to Algeria in 2022:
- Italy (53.2 tons)
- Egypt (25.4 tons)
- Belgium (11.2 tons)
- Germany (8.8 tons)
- United States (3.0 tons)
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