Algeria: Lead Market 2024

Lead Market Size in Algeria

In 2022, the Algerian lead market decreased by less than 0.1% to $X, falling for the fourth consecutive year after two years of growth. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Lead Production in Algeria

In value terms, lead production dropped to $X in 2022 estimated in export price. In general, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.6% against 2020 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 57%. Lead production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Lead Exports

Exports from Algeria

In 2022, shipments abroad of lead decreased by -29.5% to X tons for the first time since 2017, thus ending a four-year rising trend. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 144%. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, lead exports dropped significantly to $X in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 117%. As a result, the exports attained the peak of $X, and then dropped dramatically in the following year.

Exports by Country

India (X tons), Turkey (X tons) and Belgium (X tons) were the main destinations of lead exports from Algeria, together accounting for 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +27.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Turkey ($X) and Belgium ($X) constituted the largest markets for lead exported from Algeria worldwide, with a combined 93% share of total exports.

Belgium, with a CAGR of +18.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average lead export price stood at $X per ton in 2022, growing by 3.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 9.5% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Algeria

In 2022, after four years of growth, there was significant decline in purchases abroad of lead, when their volume decreased by -9.2% to X tons. Over the period under review, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2015 when imports increased by 56%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, lead imports shrank to $X in 2022. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 47%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Morocco (X tons) constituted the largest supplier of lead to Algeria, accounting for a 66% share of total imports. Moreover, lead imports from Morocco exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Morocco amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (-19.9% per year) and Germany (+79.2% per year).

In value terms, Morocco ($X) constituted the largest supplier of lead to Algeria, comprising 81% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 5.8% share of total imports. It was followed by Germany, with a 5.3% share.

From 2012 to 2022, the average annual growth rate of value from Morocco was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Kazakhstan (-21.5% per year) and Germany (+36.1% per year).

Import Prices by Country

The average lead import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+4.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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