
Algeria - Granules and Powders of Pig Iron - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Pig Iron Articles Market 2023
Pig Iron Articles Market Size in Algeria
The Algerian pig iron articles market was finally on the rise to reach $X in 2021, after three years of decline. Overall, consumption, however, continues to indicate a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Pig Iron Articles Exports
Exports from Algeria
In 2020, the amount of granules and powders of pig iron exported from Algeria stood at X tons, almost unchanged from the previous year. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 3,920%. The exports peaked in 2020 and are likely to see steady growth in the immediate term.
In value terms, pig iron articles exports totaled $X in 2020. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 758%. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in the immediate term.
Exports by Country
Niger (X tons) was the main destination for pig iron articles exports from Algeria, with a approx. 98% share of total exports.
From 2013 to 2020, the average annual growth rate of volume to Niger was relatively modest.
From 2013 to 2020, the average annual rate of growth in terms of value to Niger was relatively modest.
Export Prices by Country
In 2020, the average pig iron articles export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price saw a dramatic contraction. The growth pace was the most rapid in 2016 an increase of 77%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, 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 Niger.
From 2013 to 2020, the rate of growth in terms of prices for China amounted to -27.7% per year.
Pig Iron Articles Imports
Imports into Algeria
In 2021, supplies from abroad of granules and powders of pig iron was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports showed a mild increase. The growth pace was the most rapid in 2016 with an increase of 375% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.
In value terms, pig iron articles imports surged to $X in 2021. Over the period under review, imports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 with an increase of 212%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
France (X tons), Italy (X tons) and Sweden (X tons) were the main suppliers of pig iron articles imports to Algeria, together comprising 56% of total imports. Spain, Slovenia, China, Brazil, the UK, Germany, Egypt and Turkey lagged somewhat behind, together comprising a further 18%.
From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +22.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), France ($X) and Sweden ($X) appeared to be the largest pig iron articles suppliers to Algeria, together accounting for 49% of total imports. These countries were followed by China, Spain, Germany, the UK, Turkey, Brazil, Egypt and Slovenia, which together accounted for a further 18%.
Germany, with a CAGR of +16.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average pig iron articles import price stood at $X per ton in 2021, with a decrease of -24.8% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 42% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the pig iron articles market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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