Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria - 2022

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria (CIF) - 2022

In 2022, the average import price for tubes, pipes and hollow profiles, of cast iron amounted to $1,971 per ton, jumping by 133% against the previous year. In general, the import price showed a prominent increase. As a result, import price attained 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 China ($4,925 per ton), while the price for the United Arab Emirates ($813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $1,902 per ton, remaining constant against the previous year. Over the period under review, the export price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2013 an increase of 65%. Over the period under review, the average export prices attained the maximum at $5,377 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -3.0% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Algeria contracted dramatically to 1.3K tons, with a decrease of -79.2% against 2021 figures. Overall, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron fell notably to $1.7M in 2022. Over the period under review, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Algeria in 2022:

1. India (535.7 tons)
2. United Arab Emirates (468.2 tons)
3. South Korea (69.8 tons)
4. France (64.9 tons)
5. Spain (38.0 tons)
6. China (37.5 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Algeria

In 2022, approx. 82 kg of tubes, pipes and hollow profiles, of cast iron were exported from Algeria; which is down by -19.6% compared with the year before. In general, exports saw a abrupt decline. The smallest decline of -19.5% was in 2020.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron fell rapidly to $156 in 2022. Over the period under review, exports showed a abrupt setback.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Algeria in 2022:

1. Spain (82.0 kg)

Source: IndexBox Market Intelligence Platform