Algeria: Metal Washer Market 2025

Metal Washer Market Size in Algeria

In 2021, the Algerian metal washer market decreased by -35.9% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, enjoyed a measured increase. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Metal Washer Exports

Exports from Algeria

After four years of growth, shipments abroad of iron or steel washers decreased by -65.1% to X tons in 2021. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 811%. Over the period under review, the exports reached the maximum at X tons in 2020, and then dropped significantly in the following year.

In value terms, metal washer exports surged to $X in 2021. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 596%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Poland (X tons) was the main destination for metal washer exports from Algeria, accounting for a 69% share of total exports. Moreover, metal washer exports to Poland exceeded the volume sent to the second major destination, Tunisia (X kg), fourfold. Hong Kong SAR (X kg) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual growth rate of volume to Poland stood at +114.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+88.8% per year) and Hong Kong SAR (0.0% per year).

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for iron or steel washers exports from Algeria, comprising 82% of total exports. The second position in the ranking was held by Poland ($X), with a 9.8% share of total exports. It was followed by Tunisia, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+129.7% per year) and Tunisia (+161.0% per year).

Export Prices by Country

In 2021, the average metal washer export price amounted to $X per ton, with an increase of 426% against the previous year. Overall, the export price recorded prominent growth. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Poland ($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 Belgium (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Washer Imports

Imports into Algeria

In 2021, after three years of growth, there was significant decline in overseas purchases of iron or steel washers, when their volume decreased by -45.9% to X tons. Over the period under review, imports, however, recorded mild growth. The growth pace was the most rapid in 2018 with an increase of 135% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, metal washer imports reduced dramatically to $X in 2021. In general, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 69% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal washer to Algeria, accounting for a 85% share of total imports. Moreover, metal washer imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+187.8% per year) and the United States (+15.3% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel washers to Algeria, comprising 63% of total imports. The second position in the ranking was taken by the United States ($X), with a 4.6% share of total imports. It was followed by India, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+1.9% per year) and India (+4.1% per year).

Import Prices by Country

The average metal washer import price stood at $X per ton in 2021, picking up by 33% against the previous year. Overall, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal washer import price increased by +98.2% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The import price peaked in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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