Price for Steel, Stainless; Angles, Shapes and Sections in Algeria - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Algeria (CIF) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Algeria
Price for Steel, Stainless; Angles, Shapes and Sections in Algeria (CIF) - 2022
In 2022, the average import price for steel, stainless amounted to $6,595 per ton, growing by 43% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 74% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 the UK ($26,687 per ton), while the price for Italy ($4,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Angles, Shapes and Sections in Algeria
In 2022, approx. 37 tons of steel, stainless were imported into Algeria; which is down by -56.4% against 2021. Over the period under review, imports saw a dramatic slump. The smallest decline of -6.6% was in 2020.
In value terms, imports of steel, stainless declined rapidly to $243K in 2022. In general, imports saw a sharp descent. The smallest decline of -4.3% was in 2021.
| Import of Steel, Stainless; Angles, Shapes and Sections in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.0 | N/A | N/A | 84.5 | 141.5% |
| Italy | 71.9 | 50.2 | 69.3 | 73.0 | 0.5% |
| Spain | 123 | 169 | 189 | 32.1 | -36.1% |
| Turkey | 46.7 | 27.4 | 50.3 | 29.9 | -13.8% |
| United Kingdom | 1.2 | N/A | 16.6 | 15.2 | 133.1% |
| France | 80.8 | N/A | 13.3 | 1.9 | -71.4% |
| China | 141 | 113 | 0.5 | N/A | -94.0% |
| Others | 9.5 | 2.4 | 7.6 | 6.6 | -11.4% |
| Total | 480 | 362 | 346 | 243 | -20.3% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Algeria in 2022:
- Italy (18.0 tons)
- Spain (6.8 tons)
- Turkey (5.8 tons)
- United Arab Emirates (5.0 tons)
- United Kingdom (0.6 tons)
- France (0.1 tons)
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