Algeria: Base Metal Keys Market 2025

Base Metal Keys Market Size in Algeria

After three years of growth, the Algerian base metal keys market decreased by -9.7% to $X in 2022. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +36.8% against 2018 indices. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Base Metal Keys Exports

Exports from Algeria

In 2022, shipments abroad of base metal keys decreased by -20% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 150% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, base metal keys exports fell dramatically to $X in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 309%. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Portugal (X kg), Turkey (X kg) and France (X kg) were the main destinations of base metal keys exports from Algeria, together comprising 92% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +14.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for base metal keys exported from Algeria were Portugal ($X), France ($X) and Turkey ($X), together accounting for 99% of total exports.

France, with a CAGR of +57.2%, saw the highest growth rate of 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

In 2022, the average base metal keys export price amounted to $X per ton, rising by 5.8% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 156%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Switzerland ($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 the United Arab Emirates (+71.0%), while the prices for the other major destinations experienced more modest paces of growth.

Base Metal Keys Imports

Imports into Algeria

In 2022, the amount of base metal keys imported into Algeria shrank modestly to X tons, waning by -4.3% against 2021 figures. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +20.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by 106%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, base metal keys imports contracted to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +8.2% 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 +42.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 161% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of base metal keys imports to Algeria, together comprising 77% of total imports. Syrian Arab Republic, the United States, Turkey and Portugal lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +70.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest base metal keys suppliers to Algeria were Spain ($X), Italy ($X) and China ($X), with a combined 76% share of total imports. The United States, Portugal, Syrian Arab Republic and Turkey lagged somewhat behind, together comprising a further 12%.

Portugal, with a CAGR of +46.4%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average base metal keys import price amounted to $X per ton, waning by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 27%. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell in the following year.

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 Portugal ($X per ton), while the price for Syrian Arab Republic ($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 (+6.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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