Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria - 2022

Contents:

  1. Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria (CIF) - 2022
  2. Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria

Price for Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria (CIF) - 2022

The average import price for copper; rivets, cotters, cotter-pins and similar articles, not threaded stood at $15,586 per ton in 2022, shrinking by -2.9% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2013 an increase of 61% against the previous year. As a result, import price reached the peak level of $17,389 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($117,830 per ton), while the price for South Korea ($7,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria

Imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded into Algeria expanded rapidly to 13 tons in 2022, picking up by 10% on the previous year's figure. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of copper; rivets, cotters, cotter-pins and similar articles, not threaded expanded markedly to $196K in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 109%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India42.393.711180.523.9%
SwitzerlandN/A1.3N/A52.9537.9%
Canada7.011.612.011.518.0%
United States14.52.62.45.4-28.1%
Turkey2.34.34.74.928.7%
China2.329.423.02.98.0%
South Korea1.12.02.22.327.9%
Others21.143.827.835.418.8%
Total90.518918319629.4%

Top Suppliers of Copper; Rivets, Cotters, Cotter-Pins and Similar Articles, Not Threaded to Algeria in 2022:

  1. Switzerland (6.3 tons)
  2. India (4.6 tons)
  3. United States (0.4 tons)
  4. Turkey (0.3 tons)
  5. South Korea (0.3 tons)
  6. China (0.2 tons)
  7. Canada (0.1 tons)

Source: IndexBox Market Intelligence Platform

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