Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria - 2022
Contents:
- Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria (CIF) - 2022
- Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria
Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria (CIF) - 2022
In 2022, the average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia amounted to $9,883 per ton, standing approx. at the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 34%. As a result, import price attained the peak level of $11,151 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($58,592 per ton), while the price for Romania ($3,184 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria
In 2022, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia into Algeria declined dramatically to 56 tons, shrinking by -89.8% against the previous year. Overall, imports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1,007% against the previous year. As a result, imports attained the peak of 542 tons, and then shrank rapidly in the following year.
In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia shrank remarkably to $549K in 2022. In general, imports faced a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 868% against the previous year. As a result, imports reached the peak of $5.3M, and then dropped markedly in the following year.
Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 238 | 104 | 1,486 | 119 | -20.6% |
Romania | 92.6 | 45.3 | 727 | 65.3 | -11.0% |
South Korea | 206 | 53.9 | 295 | 40.7 | -41.8% |
Italy | 37.6 | 17.2 | 130 | 40.5 | 2.5% |
United Arab Emirates | 52.7 | 26.4 | 435 | 40.2 | -8.6% |
Czech Republic | 73.4 | 31.3 | 438 | 34.4 | -22.3% |
Turkey | 42.5 | 3.7 | 277 | 20.2 | -22.0% |
China | 266 | 58.8 | 87.3 | 12.7 | -63.7% |
Others | 884 | 206 | 1,410 | 176 | -41.6% |
Total | 1,893 | 546 | 5,287 | 549 | -33.8% |
Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Algeria in 2022:
- Romania (20.5 tons)
- Czech Republic (7.8 tons)
- United Arab Emirates (5.0 tons)
- South Korea (4.7 tons)
- Italy (3.4 tons)
- Denmark (3.3 tons)
- Turkey (2.8 tons)
- China (1.8 tons)
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