Algeria: Phosphate Rock Market 2022

Phosphate Rock Market Size in Algeria

The Algerian phosphate rock market soared to $X in 2020, rising by X% against the previous year. Over the period under review, consumption recorded a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Phosphate Rock Production in Algeria

In value terms, phosphate rock production soared to $X in 2020 estimated in export prices. Over the period under review, the total production indicated temperate growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. from 2009 to 2020, production growth failed to regain the momentum.

Phosphate Rock Exports

Exports from Algeria

Phosphate rock exports from Algeria fell notably to X tons in 2020, with a decrease of -X% compared with the year before. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

In value terms, phosphate rock exports reduced sharply to $X in 2020. Over the period under review, exports showed a pronounced contraction. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Mexico (X tons), Poland (X tons) and Greece (X tons) were the main destinations of phosphate rock exports from Algeria, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece, while exports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for phosphate rock exports from Algeria, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Mexico (+X% per year).

Export Prices by Country

The average phosphate rock export price stood at $X per ton in 2020, increasing by X% against the previous year. In general, export price indicated a prominent expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, phosphate rock export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the peak figure in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Phosphate Rock Imports

Imports into Algeria

In 2020, purchases abroad of phosphate rock increased by X% to X tons, rising for the seventh year in a row after three years of decline. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the immediate term.

In value terms, phosphate rock imports contracted to $X in 2020. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X tons) was the main supplier of phosphate rock to Algeria, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Germany amounted to +X%.

In value terms, Germany ($X) constituted the largest supplier of phosphate rock to Algeria.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at -X%.

Import Prices by Country

In 2020, the average phosphate rock import price amounted to $X per ton, falling by -X% against the previous year. Overall, the import price faced a significant curtailment. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to -X% per year.

Source: IndexBox Platform