Algeria: Gold Ore Market 2020

Gold Ore Market Size in Algeria

The revenue of the gold ore market in Algeria amounted to $X in 2017, remaining stable against the previous year. In general, gold ore consumption continues to indicate a relatively flat trend pattern. Over the period under review, the gold ore market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gold Ore Production in Algeria

In 2017, approx. X kg of gold ores and concentrates were produced in Algeria; lowering by -X% against the previous year. In general, gold ore production continues to indicate an abrupt drop. In that year, the gold ore production attained their peak volume of X kg. From 2009 to 2017, growth of the gold ore production failed to regain its momentum.

Gold Ore Exports from Algeria

In 2017, approx. X kg of gold ores and concentrates were exported from Algeria; waning by -X% against the previous year. In general, gold ore exports continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2014, with an increase of -X% against the previous year. Over the period under review, the gold ore exports attained its peak figure volume of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, gold ore exports totaled $X in 2017. Overall, gold ore exports continue to indicate a deep slump. Algeria exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gold Ore Exports by Country from Algeria

Australia represented the main exporting country with an export of around X tons, which accounted for X% of total exports. Russia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Turkey (X%) and Tanzania (X%). Greece (X tons), Ecuador (X tons), Papua New Guinea (X tons), Peru (X tons), Malaysia (X tons) and Spain (X tons) took the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) remains the largest gold ore supplier from Algeria, making up X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Tanzania, with a X% share.

In Australia, gold ore exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Tanzania (+X% per year).

Gold Ore Export Prices by Country in Algeria

The gold ore export price in Algeria stood at $X per ton in 2017, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for gold ores and concentrates reached its peak figure level in 2017, and is likely to see steady growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tanzania ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Greece (+X% per year), while the other leaders experienced more modest paces of growth.

Gold Ore Imports into Algeria

In 2017, gold ore imports into Algeria amounted to X kg, growing by X% against the previous year. In general, gold ore imports continue to indicate an outstanding growth. The growth pace was the most rapid in 2014, with an increase of X% against the previous year. Algeria imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, gold ore imports stood at $X in 2017. In general, gold ore imports continue to indicate a skyrocketing growth. Algeria imports peaked in 2017, and are likely to see steady growth in the near future.

Gold Ore Imports by Country into Algeria

In 2017, South Korea (X tons), distantly followed by China (X tons), the UK (X tons) and Mexico (X tons) represented the key importers of gold ores and concentrates, together mixed up X% of total imports. The Philippines (X tons), Kazakhstan (X tons), Belgium (X tons) and India (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported gold ores and concentrates into Algeria, making up X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (-X% per year) and South Korea (+X% per year).

Gold Ore Import Prices by Country in Algeria

In 2017, the gold ore import price in Algeria amounted to $X per kg, remaining constant against the previous year. Overall, gold ore import price continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. In that year, the import prices for gold ores and concentrates attained their peak level of $X per kg. From 2014 to 2017, growth of the import prices for gold ores and concentrates failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the Philippines ($X per kg), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Philippines (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform