Report Algeria - Pig Iron and Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Algeria - Pig Iron and Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Pig Iron Market 2022

Pig Iron Market Size in Algeria

The Algerian pig iron market was finally on the rise to reach $X in 2021, after six years of decline. In general, consumption, however, recorded a deep setback. Pig iron consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Pig Iron Production in Algeria

In value terms, pig iron production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 4% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pig Iron Exports

Exports from Algeria

In 2021, approx. X tons of pig iron and spiegeleisen were exported from Algeria; picking up by 25% compared with the previous year's figure. In general, exports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2019 with an increase of 103%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, pig iron exports surged to $X in 2021. Over the period under review, exports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 82%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Egypt (X tons), Italy (X tons) and Spain (X tons) were the main destinations of pig iron exports from Algeria, with a combined 86% share of total exports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +11.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Egypt ($X), Italy ($X) and Turkey ($X) constituted the largest markets for pig iron exported from Algeria worldwide, together accounting for 87% of total exports.

Turkey, with a CAGR of +13.0%, saw the highest rates of growth with regard to the value of exports, among 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 pig iron export price stood at $X per ton in 2021, dropping by -3.2% against the previous year. Overall, the export price, however, recorded slight growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 35%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Italy ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Iron Imports

Imports into Algeria

In 2021, after two years of growth, there was significant decline in supplies from abroad of pig iron and spiegeleisen, when their volume decreased by -23.7% to X tons. In general, imports saw a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, pig iron imports declined remarkably to $X in 2021. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 85% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

South Africa (X tons), Belgium (X tons) and Russia (X tons) were the main suppliers of pig iron imports to Algeria, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +5.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X) constituted the largest supplier of pig iron to Algeria, comprising 82% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled +16.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.1% per year) and Russia (-29.0% per year).

Import Prices by Country

In 2021, the average pig iron import price amounted to $X per ton, increasing by 10% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, pig iron import price increased by +99.3% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 38%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was South Africa ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+13.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for pig iron and spiegeleisen in the world?
+
China remains the largest pig iron consuming country worldwide, accounting for 73% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India, tenfold. South Korea ranked third in terms of total consumption with a 4.9% share.
What are the largest producers of pig iron and spiegeleisen in the world?
+
China constituted the country with the largest volume of pig iron production, accounting for 73% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India, tenfold. The third position in this ranking was taken by South Korea, with a 4.9% share.
What are the leading suppliers of pig iron and spiegeleisen to Algeria?
+
In value terms, South Africa constituted the largest supplier of pig iron to Algeria, comprising 82% of total imports. The second position in the ranking was taken by Belgium, with a 13% share of total imports.
What are the leading importers of pig iron and spiegeleisen from Algeria?
+
In value terms, Egypt, Italy and Turkey constituted the largest markets for pig iron exported from Algeria worldwide, with a combined 87% share of total exports.
What is the average export price for pig iron and spiegeleisen in Algeria?
+
In 2021, the average pig iron export price amounted to $430 per ton, dropping by -3.2% against the previous year.
What is the average import price for pig iron and spiegeleisen in Algeria?
+
In 2021, the average pig iron import price amounted to $1,098 per ton, increasing by 10% against the previous year.

This report provides an in-depth analysis of the pig iron 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 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms
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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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