Algeria: Unwrought Aluminium Alloys Market 2021

Unwrought Aluminium Alloys Market Size in Algeria

In 2020, the Algerian unwrought aluminium alloys market increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Unwrought Aluminium Alloys Production in Algeria

In value terms, unwrought aluminium alloys production surged to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a perceptible expansion from 2007 to 2020: its value 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, production increased by +X% against 2015 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Unwrought Aluminium Alloys Exports

Exports from Algeria

In 2020, overseas shipments of unwrought aluminium alloys decreased by -X% to X tons for the first time since 2013, thus ending a six-year rising trend. Over the period under review, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Exports peaked at X tons in 2019, and then shrank remarkably in the following year.

In value terms, unwrought aluminium alloys exports shrank sharply to $X in 2020. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for unwrought aluminium alloys exports from Algeria, with a X% share of total exports. Moreover, unwrought aluminium alloys exports to South Korea exceeded the volume sent to the second major destination, France (X tons), eightfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to South Korea totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and Turkey (-X% per year).

In value terms, France ($X) remains the key foreign market for unwrought aluminium alloys exports from Algeria, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to France amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Turkey (-X% per year).

Export Prices by Country

The average unwrought aluminium alloys export price stood at $X per ton in 2020, growing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per ton. from 2014 to 2020, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was France ($X per ton), while the average price for exports to South Korea ($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 France, while the prices for the other major destinations experienced a decline.

Unwrought Aluminium Alloys Imports

Imports into Algeria

In 2020, purchases abroad of unwrought aluminium alloys decreased by -X% to X tons, falling for the second year in a row after five years of growth. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought aluminium alloys imports reduced notably to $X in 2020. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X tons) constituted the largest supplier of unwrought aluminium alloys to Algeria, with a X% share of total imports. Moreover, unwrought aluminium alloys imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. Greece (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the United Arab Emirates totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Greece (+X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of unwrought aluminium alloys to Algeria, comprising X% of total imports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the United Arab Emirates stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+X% per year) and Greece (+X% per year).

Import Prices by Country

In 2020, the average unwrought aluminium alloys import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per ton in 2008; however, from 2009 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Greece ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Greece, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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