Algeria: Aluminium And Titanium Market 2024

Aluminium And Titanium Market Size in Algeria

The Algerian aluminium and titanium market contracted to $X in 2022, standing approx. at the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium And Titanium Production in Algeria

In value terms, aluminium and titanium production declined to $X in 2022 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Aluminium And Titanium Exports

Exports from Algeria

In 2022, approx. X tons of aluminium and titanium were exported from Algeria; picking up by X% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium and titanium exports rose sharply to $X in 2022. In general, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for aluminium and titanium exports from Algeria, with a X% share of total exports. Moreover, aluminium and titanium exports to South Korea exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Turkey (X% per year).

In value terms, the largest markets for aluminium and titanium exported from Algeria were China ($X), Turkey ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

In terms of the main countries of destination, China, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average aluminium and titanium export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Aluminium And Titanium Imports

Imports into Algeria

Aluminium and titanium imports into Algeria reached X tons in 2022, picking up by X% on the previous year's figure. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, aluminium and titanium imports dropped slightly to $X in 2022. Overall, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Qatar (X tons), the United Arab Emirates (X tons) and Vietnam (X tons) were the main suppliers of aluminium and titanium imports to Algeria, with a combined X% share of total imports. Turkey, India, Bahrain, Oman, China, Singapore, Russia, Italy and Indonesia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X), the United Arab Emirates ($X) and Vietnam ($X) appeared to be the largest aluminium and titanium suppliers to Algeria, together comprising X% of total imports. India, Bahrain, Turkey, China, Oman, Singapore, Russia, Italy and Indonesia lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average aluminium and titanium import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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