Algeria - Copper Bars, Wire and Plates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Market for Copper Bars, Wire And Plates 2024
Market Size for Copper Bars, Wire And Plates in Algeria
In 2021, the Algerian market for copper bars, wire and plates decreased by -3.4% to $X, falling for the seventh year in a row after three years of growth. In general, consumption saw a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Exports of Copper Bars, Wire And Plates
Exports from Algeria
In 2021, copper bars, wire and plates exports from Algeria surged to X tons, rising by 58% on the previous year. In general, exports posted a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 332%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
In value terms, copper bars, wire and plates exports skyrocketed to $X in 2021. Over the period under review, exports posted a strong expansion. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
The United Arab Emirates (X tons) was the main destination for copper bars, wire and plates exports from Algeria, accounting for a 86% share of total exports. Moreover, copper bars, wire and plates exports to the United Arab Emirates exceeded the volume sent to the second major destination, Turkey (X tons), sixfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.
In value terms, the United Arab Emirates ($X) emerged as the key foreign market for copper bars, wire and plates exports from Algeria, comprising 92% of total exports. The second position in the ranking was held by Turkey ($X), with a 7.3% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.
Export Prices by Country
The average export price for copper bars, wire and plates stood at $X per ton in 2021, with an increase of 134% against the previous year. Overall, the export price, however, saw a slight setback. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Turkey stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-8.4%).
Imports of Copper Bars, Wire And Plates
Imports into Algeria
In 2021, approx. X tons of copper bars, wire and plates were imported into Algeria; waning by -26.5% against the previous year. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when imports increased by 38%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.
In value terms, copper bars, wire and plates imports rose significantly to $X in 2021. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 with an increase of 32% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Egypt (X tons) constituted the largest copper bars, wire and plates supplier to Algeria, accounting for a 39% share of total imports. Moreover, copper bars, wire and plates imports from Egypt exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was taken by Belgium (X tons), with a 7.5% share.
From 2012 to 2021, the average annual growth rate of volume from Egypt stood at -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-17.3% per year) and Belgium (-3.8% per year).
In value terms, Egypt ($X) constituted the largest supplier of copper bars, wire and plates to Algeria, comprising 39% of total imports. The second position in the ranking was held by Spain ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 6.7% share.
From 2012 to 2021, the average annual growth rate of value from Egypt amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-16.0% per year) and the United Arab Emirates (+1.6% per year).
Import Prices by Country
In 2021, the average import price for copper bars, wire and plates amounted to $X per ton, increasing by 48% against the previous year. In general, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for copper bars, wire and plates 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)
- Prodcom 24442330 - Copper wire, refined (transv. section > 6 mm), of copper alloy
- Prodcom 24442350 - Copper wire with cross-sectional dimension > 0,5 mm, . 6 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442370 - Copper wire with cross-sectional dimension . 0,5 mm (excluding twine or cord reinforced with wire, stranded wire and cables)
- Prodcom 24442400 - Copper and copper alloy plates, sheets and strip of a thickness > 0,15 mm (excluding expanded copper metal, i nsulated electric strip)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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