Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $10,787 per ton in 2022, rising by 10% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2013 an increase of 17%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 Hungary ($118,830 per ton), while the price for India ($5,193 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $4,240 per ton, reducing by -30.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 112% against the previous year. Over the period under review, the average export prices attained the peak figure at $33,144 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($10,130 per ton), while the average price for exports to France ($304 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.2%), while the prices for the other major destinations experienced a decline.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria

In 2022, imports of tubing; flexible, with or without fittings, of base metals into Algeria rose rapidly to 678 tons, surging by 6.2% on 2021 figures. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of tubing; flexible, with or without fittings, of base metals surged to $7.3M in 2022. The total import value increased at an average annual rate of +12.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Algeria in 2022:

1. China (334.4 tons)
2. Turkey (155.5 tons)
3. France (70.3 tons)
4. Spain (39.1 tons)
5. Italy (14.9 tons)
6. Hungary (14.5 tons)
7. Bulgaria (6.3 tons)
8. United States (1.9 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Algeria

For the fourth consecutive year, Algeria recorded growth in shipments abroad of tubing; flexible, with or without fittings, of base metals, which increased by 30% to 3.9 tons in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 510%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of tubing; flexible, with or without fittings, of base metals dropped to $16K in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 166%.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Algeria in 2022:

1. United States (2387.0 kg)
2. Italy (1066.0 kg)
3. Canada (364.0 kg)
4. France (46.0 kg)

Source: IndexBox Market Intelligence Platform