Report Update Nov 1, 2024

Algeria - Iron Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Iron Ore Market 2024

Iron Ore Market Size in Algeria

The Algerian iron ore market skyrocketed to $X in 2021, rising by 92% against the previous year. In general, consumption showed a significant expansion. Iron ore consumption peaked in 2021 and is likely to see steady growth in the near future.

Iron Ore Production in Algeria

In value terms, iron ore production surged to $X in 2021 estimated in export price. In general, production, however, recorded slight growth. The most prominent rate of growth was recorded in 2016 with an increase of 158% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Iron Ore Exports

Exports from Algeria

Iron ore exports from Algeria soared to X tons in 2021, with an increase of 58% compared with the year before. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 836% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, iron ore exports skyrocketed to $X in 2021. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 2,849%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for iron ore exports from Algeria, with a 94% share of total exports. Moreover, iron ore exports to China exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +41.2%.

In value terms, China ($X) remains the key foreign market for iron ores and concentrates exports from Algeria, comprising 96% of total exports. The second position in the ranking was taken by France ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to China amounted to +19.0%.

Export Prices by Country

In 2021, the average iron ore export price amounted to $X per ton, which is down by -24.4% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 215% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-8.2%).

Iron Ore Imports

Imports into Algeria

Iron ore imports into Algeria skyrocketed to X tons in 2021, picking up by 44% on the previous year. In general, imports showed a significant increase. The growth pace was the most rapid in 2019 with an increase of 306% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, iron ore imports surged to $X in 2021. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 327%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest iron ore supplier to Algeria, with a 50% share of total imports. Moreover, iron ore imports from Canada exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Mauritania (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Canada stood at +117.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+50.4% per year) and Mauritania (+64.2% per year).

In value terms, Canada ($X) constituted the largest supplier of iron ores and concentrates to Algeria, comprising 57% of total imports. The second position in the ranking was taken by Brazil ($X), with a 13% share of total imports. It was followed by Oman, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to +111.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+68.7% per year) and Oman (0.0% per year).

Import Prices by Country

The average iron ore import price stood at $X per ton in 2021, surging by 74% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price reached 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, amid the top importers, the country with the highest price was Oman ($X per ton), while the price for Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+46.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores and concentrates in the world?

The countries with the highest volumes of iron ore consumption in 2020 were China, Australia and Russia, with a combined 74% share of global consumption.

What are the largest producers of iron ores and concentrates in the world?

The country with the largest volume of iron ore production was Australia, comprising approx. 48% of total volume. Moreover, iron ore production in Australia exceeded the figures recorded by the second-largest producer, Brazil, threefold. Russia ranked third in terms of total production with a 15% share.

What are the leading suppliers of iron ores and concentrates to Algeria?

In value terms, Canada, Brazil and Russia were the largest iron ore suppliers to Algeria, with a combined 78% share of total imports.

What are the leading importers of iron ores and concentrates from Algeria?

In value terms, China $820) remains the key foreign market for iron ore exports from Algeria, comprising 97% of total exports. The second position in the ranking was occupied by France $25), with a 2.9% share of total exports.

What is the average export price for iron ores and concentrates in Algeria?

In 2020, the average iron ore export price amounted to $927 per ton, dropping by -27.5% against the previous year.

What is the average import price for iron ores and concentrates in Algeria?

In 2020, the average iron ore import price amounted to $98 per ton, flattening at the previous year.

This report provides an in-depth analysis of the iron ore market 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 07101000 - Iron ores and concentrates (excluding roasted iron pyrites)
Prodcom 07101010 -
Prodcom 07101020 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023