Report Update Nov 1, 2024

Algeria - Copper; bars, rods and profiles - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Market for Copper Bars, Rods and Profiles 2024

Market Size for Copper Bars, Rods and Profiles in Algeria

After two years of decline, the Algerian market for copper bars, rods and profiles increased by 16% to $X in 2022. In general, consumption, however, showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Copper Bars, Rods and Profiles

Exports from Algeria

After four years of growth, shipments abroad of copper bars, rods and profiles decreased by -18.6% to X tons in 2022. Overall, exports, however, showed a strong increase. The growth pace was the most rapid in 2013 when exports increased by 216%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, copper bar, rod and profile exports shrank to $X in 2022. Over the period under review, exports showed a pronounced downturn. The growth pace was the most rapid in 2013 when exports increased by 210%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons) was the main destination for copper bar, rod and profile exports from Algeria, with a 99% share of total exports. It was followed by Turkey (X kg), with a 1.2% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Italy ($X) emerged as the key foreign market for copper bars, rods and profiles exports from Algeria, comprising 99% of total exports. The second position in the ranking was held by Turkey ($X), with a 1.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Italy stood at -3.4%.

Export Prices by Country

In 2022, the average export price for copper bars, rods and profiles amounted to $X per ton, picking up by 5.5% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2017 when the average export price increased by 46%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Italy amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-3.6%).

Imports of Copper Bars, Rods and Profiles

Imports into Algeria

In 2022, overseas purchases of copper bars, rods and profiles were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 74%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, copper bar, rod and profile imports expanded significantly to $X in 2022. In general, imports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2019 with an increase of 82% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X tons), Turkey (X tons) and South Africa (X tons) were the main suppliers of copper bar, rod and profile imports to Algeria, with a combined 44% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +53.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constituted the largest supplier of copper bars, rods and profiles to Algeria, comprising 36% of total imports. The second position in the ranking was held by France ($X), with a 15% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value from South Africa amounted to +80.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-13.8% per year) and Italy (-4.7% per year).

Import Prices by Country

The average import price for copper bars, rods and profiles stood at $X per ton in 2022, waning by -8.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 18%. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for copper; bars, rods and profiles in the world?

China remains the largest copper; bars, rods and profiles consuming country worldwide, accounting for 22% of total volume. Moreover, copper; bars, rods and profiles consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.9% share.

What are the largest producers of copper; bars, rods and profiles in the world?

China remains the largest copper; bars, rods and profiles producing country worldwide, comprising approx. 21% of total volume. Moreover, copper; bars, rods and profiles production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of copper; bars, rods and profiles to Algeria?

In value terms, the largest copper; bars, rods and profiles suppliers to Algeria were France, Spain and Italy, together accounting for 69% of total imports. Portugal, Germany, Turkey and Lebanon lagged somewhat behind, together accounting for a further 18%.

What are the leading importers of copper; bars, rods and profiles from Algeria?

In value terms, Turkey remains the key foreign market for copper; bars, rods and profiles exports from Algeria.

What is the average export price for copper; bars, rods and profiles in Algeria?

The average export price for copper; bars, rods and profiles stood at $8,245 per ton in 2021, approximately mirroring the previous year.

What is the average import price for copper; bars, rods and profiles in Algeria?

In 2021, the average import price for copper; bars, rods and profiles amounted to $9,039 per ton, approximately reflecting the previous year.

This report provides an in-depth analysis of the market for copper bar, rod and profile 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 24442200 - Copper and copper alloy bars, rods, profiles and hollow profiles (excluding bars and rods obtained by casting or sintering, copper wire rod in coils)

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