Report Update Nov 1, 2024

Algeria - Carbides - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Carbides Market 2024

Carbides Market Size in Algeria

The Algerian carbides market skyrocketed to $X in 2022, jumping by 64% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed resilient growth. Carbides consumption peaked in 2022 and is likely to see gradual growth in the near future.

Carbides Exports

Exports from Algeria

After two years of decline, shipments abroad of carbides decreased by 0% to X tons in 2016. In general, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the peak figure in 2016 and are likely to see gradual growth in the near future.

In value terms, carbides exports amounted to $X in 2016. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2014. The exports peaked in 2016 and are expected to retain growth in years to come.

Exports by Country

The Dominican Republic (X tons) was the main destination for carbides exports from Algeria, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual rate of growth in terms of volume to the Dominican Republic was relatively modest.

From 2013 to 2016, the average annual rate of growth in terms of value to the Dominican Republic was relatively modest.

Export Prices by Country

The average carbides export price stood at $X per ton in 2016, approximately equating the previous year. In general, the export price posted a significant expansion. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. The export price peaked in 2016 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Dominican Republic.

From 2013 to 2016, the rate of growth in terms of prices for the Dominican Republic amounted to 0.0% per year.

Carbides Imports

Imports into Algeria

Carbides imports into Algeria soared to X tons in 2022, growing by 23% on the previous year's figure. In general, imports saw a notable increase. The growth pace was the most rapid in 2019 with an increase of 246% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, carbides imports soared to $X in 2022. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2019 when imports increased by 224%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), the Czech Republic (X tons) and Slovakia (X tons) were the main suppliers of carbides imports to Algeria, together accounting for 61% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +17.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest carbides suppliers to Algeria were Slovakia ($X), Spain ($X) and the Czech Republic ($X), with a combined 51% share of total imports.

In terms of the main suppliers, the Czech Republic, with a CAGR of +21.8%, saw the highest rates of growth with regard to 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

The average carbides import price stood at $X per ton in 2022, surging by 45% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, carbides import price increased by +93.3% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carbides in the world?

China constituted the country with the largest volume of carbides consumption, accounting for 32% of total volume. Moreover, carbides consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.1% share.

What are the largest producers of carbides in the world?

China remains the largest carbides producing country worldwide, accounting for 39% of total volume. Moreover, carbides production in China exceeded the figures recorded by the second-largest producer, India, threefold. Russia ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of carbides to Algeria?

In value terms, Spain, Slovakia and China were the largest carbides suppliers to Algeria, together comprising 88% of total imports.

What is the average export price for carbides in Algeria?

In 2016, the average carbides export price amounted to $797 per ton, remaining constant against the previous year.

What is the average import price for carbides in Algeria?

The average carbides import price stood at $1,360 per ton in 2021, with an increase of 8.6% against the previous year.

This report provides an in-depth analysis of the carbides 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 20136450 - Carbides whether or not chemically defined

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023