Algeria - Needle Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNeedle Roller Bearing Price in Algeria - 2022
Contents:
- Needle Roller Bearing Price in Algeria (CIF) - 2022
- Needle Roller Bearing Price in Algeria (FOB) - 2022
- Needle Roller Bearing Imports in Algeria
- Needle Roller Bearing Exports in Algeria
Needle Roller Bearing Price in Algeria (CIF) - 2022
The import price in Algeria stood at $13,352 per ton in 2022, rising by 17% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. Over the period under review, import prices attained the maximum at $27,643 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($41,701 per ton), while Nigeria ($6,101 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.1%), while the other leaders experienced mixed trends in the import price figures.
Needle Roller Bearing Price in Algeria (FOB) - 2022
The export price in Algeria stood at $39,250 per ton in 2021, picking up by 133% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($72,910 per ton), while Romania ($8,985 per ton) was amongst the lowest.
From 2016 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+15.5%), while the other leaders experienced more modest paces of growth.
Needle Roller Bearing Imports in Algeria
In 2022, approx. 53 tons of needle roller bearings were imported into Algeria; which is down by -3.5% compared with the previous year. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%.
In value terms, needle roller bearing imports reached $712K in 2022. Over the period under review, imports faced a deep contraction.
| Import of Needle Roller Bearing in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 199 | 163 | 188 | 209 | 1.6% |
| United States | 157 | 119 | 161 | 161 | 0.8% |
| Mexico | 129 | 110 | 132 | 133 | 1.0% |
| China | 100 | 103 | 135 | 123 | 7.1% |
| South Korea | 77.6 | 67.9 | 77.6 | 66.8 | -4.9% |
| Japan | 47.4 | 39.9 | 51.0 | 43.8 | -2.6% |
| Italy | 43.4 | 33.6 | 38.3 | 42.8 | -0.5% |
| Thailand | 41.2 | 37.2 | 47.8 | 42.3 | 0.9% |
| Brazil | 33.8 | 27.0 | 37.9 | 40.1 | 5.9% |
| France | 48.4 | 37.4 | 41.4 | 38.6 | -7.3% |
| Indonesia | 31.2 | 20.6 | 32.8 | 28.6 | -2.9% |
| Spain | 30.5 | 19.5 | 19.4 | 18.8 | -14.9% |
| Nigeria | 0.7 | 3.8 | 14.4 | 13.9 | 170.8% |
| Others | -937.2 | -780.1 | -976.7 | -961.7 | 0.9% |
| Total | 1.2 | 0.8 | 0.6 | 0.7 | -16.4% |
Top Suppliers of Needle Roller Bearing to Algeria in 2022:
- Germany (13.3K tons)
- United States (8.4K tons)
- Mexico (6.0K tons)
- China (2.9K tons)
- Nigeria (2.3K tons)
- South Korea (2.3K tons)
- Brazil (1.9K tons)
- France (1.9K tons)
- Thailand (1.9K tons)
- Indonesia (1.8K tons)
- Japan (1.7K tons)
- Italy (1.5K tons)
- Spain (1.5K tons)
Needle Roller Bearing Exports in Algeria
In 2021, overseas shipments of needle roller bearings decreased by -42.9% to 4 kg for the first time since 2018, thus ending a two-year rising trend. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 7 kg, and then fell dramatically in the following year.
In value terms, needle roller bearing exports skyrocketed to $157 in 2021. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Needle Roller Bearing in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 256 | 234 | 278 | 4.2% | |
| Japan | 265 | 212 | 268 | 0.6% | |
| China | 169 | 163 | 217 | 13.3% | |
| United States | 120 | 105 | 130 | 4.1% | |
| Slovakia | 82.7 | 67.3 | 83.3 | 0.4% | |
| France | 63.8 | 58.1 | 66.2 | 1.9% | |
| South Korea | 47.7 | 42.6 | 60.7 | 12.8% | |
| Netherlands | 37.8 | 28.1 | 33.8 | -5.4% | |
| Mexico | 15.4 | 13.4 | 23.1 | 22.5% | |
| Czech Republic | 27.1 | 20.0 | 19.5 | -15.2% | |
| Romania | 15.2 | 10.2 | 13.7 | -5.1% | |
| Others | -1,100.5 | -954.5 | -1,193.7 | 4.1% | |
| Total | N/A | N/A | N/A | 0% | |
Top Export Markets for Needle Roller Bearing from Algeria in 2022:
- China (13.9K tons)
- Japan (9.3K tons)
- Germany (7.9K tons)
- Slovakia (4.5K tons)
- France (3.6K tons)
- South Korea (2.7K tons)
- Mexico (1.8K tons)
- United States (1.8K tons)
- Romania (1.5K tons)
- Czech Republic (1.1K tons)
- Netherlands (0.9K tons)
This report provides an in-depth analysis of the needle roller bearing 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 28151070 - Needle roller bearings
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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