Algeria: Chrome Ore Market Overview 2020

Chrome Ore Market Size in Algeria

The revenue of the chrome ore market in Algeria amounted to $X in 2017, rising by X% against the previous year. In general, chrome ore consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the chrome ore market attained its peak figure level in 2017, and is likely to see steady growth in the near future.

Chrome Ore Production in Algeria

In 2017, chrome ore production in Algeria totaled X tonnes, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013, with an increase of X% year-to-year. Algeria chrome ore production peaked in 2017, and is expected to retain its growth in the immediate term.

Chrome Ore Exports from Algeria

Chrome ore exports from Algeria amounted to X kg in 2017, dropping by -X% against the previous year. Overall, chrome ore exports continue to indicate a sharp descent. The growth pace was the most rapid in 2010, with an increase of -X% against the previous year. Over the period under review, the chrome ore exports attained its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, chrome ore exports stood at $X in 2017. In general, chrome ore exports continue to indicate a dramatic downturn. In that year, the chrome ore exports reached their peak level of $X. From 2011 to 2017, growth of the chrome ore exports stood at a somewhat lower level.

Chrome Ore Exports by Country from Algeria

South Africa prevails in chrome ore exports structure, resulting at X tonnes, which was near X% of total exports in 2017. Turkey (X tonnes) ranks second in terms of the global exports with a X% share, followed by Kazakhstan (X%). The following exporters - Pakistan (X tonnes), Australia (X tonnes), Albania (X tonnes) and Iran (X tonnes) together made up X% of total exports.

South Africa was also the fastest growing in terms of the chromium ores and concentrates exports, with a CAGR of +X% from 2007 to 2017. At the same time, Albania (+X%), Australia (+X%), Iran (+X%) and Pakistan (+X%) displayed positive paces of growth. Turkey and Kazakhstan experienced a relatively flat trend pattern. From 2007 to 2017, the share of South Africa decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest chrome ore supplier from Algeria, making up X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%. In the other countries, the average annual rates were as follows: Turkey (+X% per year) and Kazakhstan (-X% per year).

Chrome Ore Export Prices by Country in Algeria

The chrome ore export price in Algeria stood at $X per tonne in 2017, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the export prices for chromium ores and concentrates attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Iran ($X per tonne), while South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year), while the other leaders experienced more modest paces of growth.

Chrome Ore Imports into Algeria

In 2017, the amount of chromium ores and concentrates imported into Algeria totaled X tonnes, jumping by X% against the previous year. Overall, chrome ore imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. Algeria imports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, chrome ore imports totaled $X in 2017. In general, chrome ore imports continue to indicate a slight growth. Over the period under review, the chrome ore imports reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Chrome Ore Imports by Country into Algeria

China was the largest importing country with an import of around X tonnes, which reached X% of total imports. Mozambique (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by Russia (X%). Sweden (X tonnes) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to chrome ore imports into China stood at +X%. At the same time, Mozambique (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mozambique and China decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported chromium ores and concentrates into Algeria, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by Russia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+X% per year) and Russia (-X% per year).

Chrome Ore Import Prices by Country in Algeria

In 2017, the chrome ore import price in Algeria amounted to $X per tonne, lowering by -X% against the previous year. In general, chrome ore import price continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the import prices for chromium ores and concentrates attained its maximum level of $X per tonne in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Sweden ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform