Algeria: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2025

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Algeria

The Algerian market for railway or tramway track construction material of iron or steel reduced markedly to $X in 2021, waning by -22.8% 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). In general, consumption recorded a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Algeria

After three years of growth, overseas shipments of railway or tramway track construction material of iron or steel decreased by -29.2% to X kg in 2021. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 165%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel declined to $X in 2021. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 206%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X kg), Austria (X kg) and France (X kg) were the main destinations of exports of railway or tramway track construction material of iron or steel from Algeria, with a combined 100% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of -18.3%), while the other leaders experienced a decline.

In value terms, Austria ($X) remains the key foreign market for railway or tramway track construction material of iron or steel exports from Algeria, comprising 73% of total exports. The second position in the ranking was taken by Belgium ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Austria stood at -18.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-6.4% per year) and France (-26.3% per year).

Export Prices by Country

The average export price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, jumping by 21% against the previous year. In general, the export price enjoyed resilient growth. The growth pace was the most rapid in 2017 when the average export price increased by 74%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

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 Austria ($X per ton), while the average price for exports to Belgium ($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 Italy (+174.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Algeria

In 2021, approx. X tons of railway or tramway track construction material of iron or steel were imported into Algeria; which is down by -32.3% compared with 2020. Overall, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2013 with an increase of 233% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel plummeted to $X in 2021. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 181%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main suppliers of imports of railway or tramway track construction material of iron or steel to Algeria, together comprising 84% of total imports. Slovenia, Austria, Turkey and the UK lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +38.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest iron and steel railway construction materials suppliers to Algeria were Spain ($X), Italy ($X) and France ($X), together comprising 26% of total imports. Slovenia, Austria, Turkey and the UK lagged somewhat behind, together accounting for a further 7.3%.

In terms of the main suppliers, Turkey, with a CAGR of +18.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for railway or tramway track construction material of iron or steel amounted to $X per ton, rising by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2014 an increase of 32%. The import price peaked in 2021 and is likely to see steady 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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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