Algeria - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Algeria - Electrical Insulators - Market Analysis, Forecast, Size, Trends And Insights

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Electrical Insulator Price in Algeria - 2022

Contents:

  1. Electrical Insulator Price in Algeria (CIF) - 2022
  2. Electrical Insulator Price in Algeria (FOB) - 2022
  3. Electrical Insulator Imports in Algeria
  4. Electrical Insulator Exports in Algeria

Electrical Insulator Price in Algeria (CIF) - 2022

The average electrical insulator import price stood at $0.4 per unit in 2022, falling by -41% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2016 an increase of 100% against the previous year. Over the period under review, average import prices reached the maximum at $0.7 per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12 per unit), while the price for Egypt ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Electrical Insulator Price in Algeria (FOB) - 2022

In 2022, the average electrical insulator export price amounted to $6.1 per unit, with an increase of 1,070% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.9% per year.

Electrical Insulator Imports in Algeria

In 2022, approx. 14M units of electrical insulators were imported into Algeria; surging by 12% against the year before. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked at 16M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulator imports reduced rapidly to $5.7M in 2022. Overall, imports recorded a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 121% against the previous year. As a result, imports reached the peak of $8.7M, and then reduced dramatically in the following year.

Import of Electrical Insulator in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1531212611,815128.1%
Slovenia4094007554160.6%
Turkey692278653385-17.8%
South Korea412393725381-2.6%
Italy7932851,165365-22.8%
Spain490452888359-9.8%
France469210289125-35.6%
Egypt128121220116-3.2%
Others1,7411,6803,7461,7610.4%
Total5,2863,9398,7025,7222.7%

Top Suppliers of Electrical Insulator to Algeria in 2022:

  1. China (10.1M units)
  2. Italy (0.9M units)
  3. Egypt (0.7M units)
  4. South Korea (0.4M units)
  5. Turkey (0.3M units)
  6. Slovenia (0.3M units)
  7. Spain (0.2M units)
  8. France (0.1M units)

Electrical Insulator Exports in Algeria

In 2022, electrical insulator exports from Algeria shrank remarkably to 639 units, waning by -91.1% against the previous year's figure. Over the period under review, exports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 709% against the previous year. As a result, the exports reached the peak of 7.2K units, and then shrank rapidly in the following year.

In value terms, electrical insulator exports rose modestly to $3.9K in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Electrical Insulator in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.13.30.63.98.0%
IndiaN/AN/A0.4N/A0%
SwitzerlandN/AN/A2.8N/A0%
OthersN/AN/AN/AN/A0%
Total3.13.33.83.98.0%

Top Export Markets for Electrical Insulator from Algeria in 2022:

  1. Turkey (639.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electrical insulator market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27901230 - Electrical insulators (excluding of glass or ceramics)
  • Prodcom 23431030 - Electrical insulators of ceramics (excluding insulating fittings)
  • Prodcom 23192500 - Glass electrical insulators (excluding insulating fittings (other than insulators) for electrical machinery, appliances or equipment)

Country coverage:

  • Algeria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Algeria
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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