Algeria: Market for Iron or Steel Cans 2025

Market Size for Iron or Steel Cans in Algeria

The Algerian iron or steel can market soared to $X in 2021, 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, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Iron or Steel Cans

Exports from Algeria

After three years of decline, shipments abroad of iron or steel cans decreased by -54.1% to X units in 2021. Over the period under review, exports, however, showed a significant expansion. The smallest decline of -32.3% was in 2018. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, iron or steel can exports contracted to $X in 2021. In general, exports, however, enjoyed significant growth. The smallest decline of -7.2% was in 2018. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for iron or steel can exports from Algeria, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at -31.5%.

In value terms, Spain ($X) emerged as the key foreign market for iron or steel cans exports from Algeria.

From 2012 to 2021, the average annual growth rate of value to Spain totaled -7.2%.

Export Prices by Country

The average iron or steel can export price stood at $X per unit in 2021, with an increase of 88% against the previous year. In general, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to +35.6% per year.

Imports of Iron or Steel Cans

Imports into Algeria

Iron or steel can imports into Algeria skyrocketed to X units in 2021, rising by 60% on the previous year's figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, iron or steel can imports skyrocketed to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X units) constituted the largest supplier of iron or steel can to Algeria, with a 40% share of total imports. Moreover, iron or steel can imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was taken by Tunisia (X units), with a 1.3% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+29.0% per year) and Tunisia (-33.6% per year).

In value terms, Spain ($X) constituted the largest supplier of iron or steel cans to Algeria, comprising 42% of total imports. The second position in the ranking was held by Turkey ($X), with a 10% share of total imports. It was followed by Tunisia, with a 1.2% share.

From 2012 to 2021, the average annual growth rate of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+24.9% per year) and Tunisia (-28.4% per year).

Import Prices by Country

The average iron or steel can import price stood at $X per unit in 2021, rising by 2.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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