Algeria - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Algeria - 2022
Contents:
- Price for Balancing Mechanical Parts Machine in Algeria (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in Algeria (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in Algeria
- Exports of Balancing Mechanical Parts Machine in Algeria
Price for Balancing Mechanical Parts Machine in Algeria (CIF) - 2022
In 2022, the average balancing mechanical parts machine import price amounted to $1,721 per unit, declining by -37.9% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 162%. The import price peaked at $11,021 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Japan ($10,866 per unit), while the price for China ($737 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Balancing Mechanical Parts Machine in Algeria (FOB) - 2022
The average balancing mechanical parts machine export price stood at $1,250 per unit in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2017 an increase of 14%. The export price peaked at $1,259 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,576 per unit), while the average price for exports to Belgium amounted to $175 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.0%).
Imports of Balancing Mechanical Parts Machine in Algeria
After two years of decline, purchases abroad of machines for balancing mechanical parts increased by 29% to 498 units in 2022. Overall, imports, however, showed a abrupt setback. Over the period under review, imports reached the maximum at 845 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, balancing mechanical parts machine imports declined significantly to $857K in 2022. In general, imports, however, saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked at $2.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Balancing Mechanical Parts Machine in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 210 | 153 | 273 | 196 | -2.3% |
| China | 311 | 101 | 125 | 181 | -16.5% |
| United States | 220 | 51.7 | 189 | 95.2 | -24.4% |
| Italy | 377 | 38.0 | 40.0 | 94.7 | -36.9% |
| Russia | 3.1 | 5.0 | 50.7 | 30.4 | 114.0% |
| Spain | 5.3 | 18.2 | 49.4 | 29.6 | 77.4% |
| Poland | 65.1 | 23.8 | 43.0 | 27.3 | -25.1% |
| France | 337 | 115 | 37.1 | 15.4 | -64.2% |
| United Arab Emirates | 20.2 | 14.2 | 28.5 | 13.5 | -12.6% |
| Others | 918 | 126 | 232 | 174 | -42.6% |
| Total | 2,466 | 647 | 1,067 | 857 | -29.7% |
Top Suppliers of Balancing Mechanical Parts Machine to Algeria in 2022:
- China (246.0 units)
- Italy (60.0 units)
- United States (49.0 units)
- Japan (18.0 units)
- Russia (12.0 units)
- Spain (11.0 units)
- Poland (10.0 units)
- United Arab Emirates (7.0 units)
- France (2.0 units)
Exports of Balancing Mechanical Parts Machine in Algeria
After two years of decline, overseas shipments of machines for balancing mechanical parts increased by 13% to 18 units in 2022. In general, exports, however, recorded a deep setback. The exports peaked at 24 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, balancing mechanical parts machine exports totaled $23K in 2022. Overall, exports, however, recorded a deep reduction. The exports peaked at $28K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Balancing Mechanical Parts Machine in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 27.6 | 24.9 | 10.1 | 10.7 | -27.1% |
| Belgium | N/A | N/A | N/A | 0.5 | 0% |
| Others | N/A | N/A | 10.1 | 11.3 | 11.9% |
| Total | 27.6 | 24.9 | 20.1 | 22.5 | -6.6% |
Top Export Markets for Balancing Mechanical Parts Machine from Algeria in 2022:
- Belgium (3.0 units)
- France (3.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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.
-
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
-
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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