Algeria: Feldspar Market 2024

Feldspar Market Size in Algeria

The Algerian feldspar market reached $X in 2023, picking up by X% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. Feldspar consumption peaked at $X in 2014; however, from 2015 to 2023, consumption remained at a lower figure.

Feldspar Production in Algeria

In value terms, feldspar production amounted to $X in 2023 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Feldspar Exports

Exports from Algeria

After two years of growth, overseas shipments of feldspar decreased by X% to X tons in 2023. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, feldspar exports contracted significantly to $X in 2023. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for feldspar exports from Algeria, with a X% share of total exports. Moreover, feldspar exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), twofold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, the largest markets for feldspar exported from Algeria were Italy ($X), Spain ($X) and Turkey ($X).

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average feldspar export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt setback. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced a decline.

Feldspar Imports

Imports into Algeria

In 2023, approx. X tons of feldspar were imported into Algeria; increasing by X% compared with 2022. In general, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, feldspar imports skyrocketed to $X in 2023. Over the period under review, imports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Spain (X tons) constituted the largest supplier of feldspar to Algeria, accounting for a X% share of total imports. Moreover, feldspar imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Portugal (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Portugal (X% per year).

In value terms, Spain ($X) constituted the largest supplier of feldspar to Algeria, comprising X% of total imports. The second position in the ranking was held by Portugal ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and Egypt (X% per year).

Import Prices by Country

The average feldspar import price stood at $X per ton in 2023, declining by X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform