Algeria: Market for Articles Of Non-Malleable Cast Iron 2025

Market Size for Articles Of Non-Malleable Cast Iron in Algeria

In 2022, the Algerian non-malleable cast iron articles market increased by 8.8% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -27.8% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Algeria

In 2020, shipments abroad of articles of non-malleable cast iron decreased by 0% to X tons for the first time since 2017, thus ending a two-year declining trend. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 375%. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, non-malleable cast iron articles exports stood at $X in 2020. Overall, exports saw a significant increase. The growth pace was the most rapid in 2017 when exports increased by 424%. Over the period under review, the exports attained the maximum in 2020 and are likely to see steady growth in the immediate term.

Exports by Country

Austria (X tons) was the main destination for non-malleable cast iron articles exports from Algeria, with a approx. 100% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to Austria was relatively modest.

From 2013 to 2020, the average annual growth rate of value to Austria was relatively modest.

Export Prices by Country

The average non-malleable cast iron articles export price stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the export price recorded a drastic downturn. The growth pace was the most rapid in 2017 an increase of 80%. The export price peaked at $X per ton in 2015; however, from 2016 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 Austria.

From 2013 to 2020, the rate of growth in terms of prices for Turkey amounted to -54.5% per year.

Imports of Articles Of Non-Malleable Cast Iron

Imports into Algeria

In 2022, supplies from abroad of articles of non-malleable cast iron increased by 27% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.8% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 52% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-malleable cast iron articles imports stood at $X in 2022. Overall, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2019 indices. The pace of growth appeared the most rapid in 2015 when imports increased by 57%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) was the main non-malleable cast iron articles supplier to Algeria, accounting for a 91% share of total imports. Moreover, non-malleable cast iron articles imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+45.6% per year) and Italy (+41.4% per year).

In value terms, China ($X) constituted the largest supplier of articles of non-malleable cast iron to Algeria, comprising 89% of total imports. The second position in the ranking was held by Turkey ($X), with a 2.8% share of total imports. It was followed by Italy, with a 1.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+31.6% per year) and Italy (+24.0% per year).

Import Prices by Country

The average non-malleable cast iron articles import price stood at $X per ton in 2022, waning by -18.6% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-malleable cast iron articles import price increased by +17.6% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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