Price for Brass Tubes and Pipes in Algeria - 2022
Contents:
Price for Brass Tubes and Pipes in Algeria (CIF) - 2022
The average brass tubes and pipes import price stood at $13,529 per ton in 2022, surging by 39% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 44%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($16,024 per ton), while the price for China ($9,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Brass Tubes and Pipes in Algeria
In 2022, supplies from abroad of tubes and pipes of copper-zinc base alloys (brass) decreased by -79.6% to 8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year.
In value terms, brass tubes and pipes imports reduced markedly to $108K in 2022. Overall, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 51%.
| Import of Brass Tubes and Pipes in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 138 | 144 | N/A | 54.4 | -26.7% |
| Germany | 11.2 | N/A | 78.2 | 41.9 | 55.2% |
| Italy | N/A | 39.3 | N/A | 10.5 | -48.3% |
| China | 0.9 | 1.8 | 5.8 | 0.1 | -51.9% |
| Spain | 8.9 | 65.0 | N/A | N/A | 630.3% |
| India | N/A | N/A | 153 | N/A | 0% |
| Canada | N/A | N/A | 141 | N/A | 0% |
| Others | 6.9 | 1.5 | 2.0 | 0.7 | -53.4% |
| Total | 166 | 251 | 380 | 108 | -13.3% |
Top Suppliers of Brass Tubes and Pipes to Algeria in 2022:
- Germany (3.5 tons)
- United Kingdom (3.4 tons)
- Italy (0.9 tons)
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888
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