Algeria: Hot-Dipped Metal-Coated Sheet Market 2024

Hot-Dipped Metal-Coated Sheet Market Size in Algeria

In 2021, the Algerian hot-dipped metal-coated sheet market increased by 2.9% to $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Hot-dipped metal-coated sheet consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Hot-Dipped Metal-Coated Sheet Production in Algeria

In value terms, hot-dipped metal-coated sheet production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 27%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Hot-Dipped Metal-Coated Sheet Exports

Exports from Algeria

In 2021, approx. X tons of hot-dipped metal-coated sheet were exported from Algeria; picking up by 43% against 2020 figures. In general, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 75%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, hot-dipped metal-coated sheet exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 106% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X tons), Egypt (X tons) and Morocco (X tons) were the main destinations of hot-dipped metal-coated sheet exports from Algeria, with a combined 94% share of total exports. Lebanon lagged somewhat behind, accounting for a further 5.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lebanon (with a CAGR of 0.0%), while the other leaders experienced a decline.

In value terms, Tunisia ($X), Egypt ($X) and Lebanon ($X) constituted the largest markets for hot-dipped metal-coated sheet exported from Algeria worldwide, together accounting for 98% of total exports.

Egypt, with a CAGR of +4.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average hot-dipped metal-coated sheet export price stood at $X per ton in 2021, surging by 6.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2020 an increase of 18%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Egypt ($X per ton), while the average price for exports to Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Hot-Dipped Metal-Coated Sheet Imports

Imports into Algeria

In 2021, hot-dipped metal-coated sheet imports into Algeria fell rapidly to X tons, dropping by -34.6% against 2020. Overall, imports continue to indicate a noticeable descent. The growth pace was the most rapid in 2019 when imports increased by 168%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, hot-dipped metal-coated sheet imports shrank to $X in 2021. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 118%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the Netherlands (X tons) and Luxembourg (X tons) were the main suppliers of hot-dipped metal-coated sheet imports to Algeria, with a combined 52% share of total imports. These countries were followed by Greece, Italy, Spain, Turkey and Belgium, which together accounted for a further 40%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +28.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest hot-dipped metal-coated sheet suppliers to Algeria were Luxembourg ($X), China ($X) and Italy ($X), together comprising 69% of total imports.

In terms of the main suppliers, Luxembourg, with a CAGR of +33.2%, recorded 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 hot-dipped metal-coated sheet import price stood at $X per ton in 2021, increasing by 47% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hot-dipped metal-coated sheet import price increased by +50.6% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Luxembourg ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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