Report Update Apr 1, 2024

Algeria - Iron or Steel Screw Hooks and Screw Rings - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Metal Screw Hook Market 2024

Metal Screw Hook Market Size in Algeria

The Algerian metal screw hook market shrank modestly to $X in 2022, which is down by -1.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a deep setback. Metal screw hook consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Metal Screw Hook Exports

Exports from Algeria

In 2022, the amount of iron or steel screw hooks and screw rings exported from Algeria amounted to X kg, flattening at the previous year's figure. In general, exports faced a sharp slump. The smallest decline of -14.3% was in 2013. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal screw hook exports shrank significantly to $X in 2022. Over the period under review, exports recorded a dramatic contraction. The smallest decline of -8.8% was in 2013. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Portugal (X kg) was the main destination for metal screw hook exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal was relatively modest.

From 2012 to 2022, the average annual growth rate of value to Portugal was relatively modest.

Export Prices by Country

In 2022, the average metal screw hook export price amounted to $X per ton, waning by -20% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 153%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +62.7% per year.

Metal Screw Hook Imports

Imports into Algeria

In 2022, supplies from abroad of iron or steel screw hooks and screw rings was finally on the rise to reach X tons after two years of decline. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2019 when imports increased by 206%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, metal screw hook imports shrank to $X in 2022. In general, imports, however, recorded a abrupt decline. The growth pace was the most rapid in 2019 when imports increased by 137% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest metal screw hook supplier to Algeria, with a 69% share of total imports. Moreover, metal screw hook imports from Egypt exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was held by Romania (X tons), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from Egypt totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-27.9% per year) and Romania (+24.0% per year).

In value terms, the largest metal screw hook suppliers to Algeria were China ($X), Egypt ($X) and Romania ($X), with a combined 74% share of total imports.

Romania, with a CAGR of +52.9%, recorded 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 mixed trend patterns.

Import Prices by Country

In 2022, the average metal screw hook import price amounted to $X per ton, which is down by -21.1% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 61%. As a result, import price reached the peak level of $X per ton, and then fell remarkably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel screw hooks and screw rings in the world?

Italy remains the largest metal screw hook consuming country worldwide, accounting for 60% of total volume. Moreover, metal screw hook consumption in Italy exceeded the figures recorded by the second-largest consumer, China, sixfold. The third position in this ranking was taken by the United States, with a 5.7% share.

What are the largest producers of iron or steel screw hooks and screw rings in the world?

The country with the largest volume of metal screw hook production was Italy, accounting for 62% of total volume. Moreover, metal screw hook production in Italy exceeded the figures recorded by the second-largest producer, China, fivefold. The United States ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of iron or steel screw hooks and screw rings to Algeria?

In value terms, China, Egypt and Romania constituted the largest metal screw hook suppliers to Algeria, with a combined 74% share of total imports.

What is the average export price for iron or steel screw hooks and screw rings in Algeria?

The average metal screw hook export price stood at $4,000 per ton in 2022, falling by -20% against the previous year.

What is the average import price for iron or steel screw hooks and screw rings in Algeria?

The average metal screw hook import price stood at $3,240 per ton in 2022, with a decrease of -21.1% against the previous year.

This report provides an in-depth analysis of the metal screw hook 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.

Product coverage:

Prodcom 25941157 - Iron or steel screw hooks and screw rings

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023