Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria - 2022

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria (CIF) - 2022
  2. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria (CIF) - 2022

The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $9,782 per ton in 2022, waning by -18.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 83% against the previous year. As a result, import price reached the peak level of $11,976 per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20,332 per ton), while the price for Ukraine ($1,052 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria

In 2022, purchases abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -19.2% to 191 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when imports increased by 135%. As a result, imports attained the peak of 692 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia contracted markedly to $1.9M in 2022. In general, imports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 101%. As a result, imports attained the peak of $4.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9223,165721603-13.2%
South Korea13734437229929.7%
France27654.67162911.8%
Italy44.917413520164.8%
Japan218230242195-3.6%
Portugal99.386.271.371.7-10.3%
Spain86.524.62387.2-56.3%
Ukraine6.16.56.85.5-3.4%
Others467456324192-25.6%
Total2,2574,5412,8261,864-6.2%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Algeria in 2022:

  1. China (81.1 tons)
  2. Portugal (32.7 tons)
  3. France (18.9 tons)
  4. South Korea (16.0 tons)
  5. Japan (12.6 tons)
  6. Italy (9.9 tons)
  7. Ukraine (5.2 tons)
  8. Spain (0.7 tons)

Source: IndexBox Market Intelligence Platform

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