Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $24,487 per ton, with an increase of 6.4% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines and mechanical appliances; parts, of those having individual functionses increased by +51.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 34% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($56,215 per ton), while the price for China ($7,106 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $58,821 per ton in 2022, growing by 25% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machines and mechanical appliances; parts, of those having individual functionses increased by +80.9% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 26% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($210,000 per ton), while the average price for exports to South Korea ($1,086 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria
For the third consecutive year, Algeria recorded decline in overseas purchases of machines and mechanical appliances; parts, of those having individual functionses, which decreased by -45.2% to 891 tons in 2022. Over the period under review, imports recorded a dramatic slump. The smallest decline of -6.8% was in 2021.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses declined significantly to $22M in 2022. Overall, imports faced a dramatic curtailment. The smallest decline of -0.9% was in 2021.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.9 | 6.6 | 6.9 | 5.3 | -15.9% |
| France | 11.4 | 8.7 | 4.0 | 2.2 | -42.2% |
| Spain | 6.1 | 1.2 | 3.8 | 1.9 | -32.2% |
| Germany | 2.7 | 2.6 | 2.5 | 1.6 | -16.0% |
| China | 4.0 | 2.9 | 2.0 | 1.5 | -27.9% |
| United States | 9.0 | 2.7 | 8.6 | 1.3 | -47.5% |
| India | 1.2 | 0.4 | 0.7 | 1.0 | -5.9% |
| Turkey | 0.8 | 0.4 | 0.9 | 0.8 | 0.0% |
| Belgium | 0.3 | 1.3 | 1.6 | 0.8 | 38.7% |
| Greece | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
| United Kingdom | 0.6 | 0.3 | 1.0 | 0.4 | -12.6% |
| South Korea | 1.0 | 1.0 | 0.6 | 0.3 | -33.1% |
| Tunisia | 1.0 | 0.7 | 0.5 | 0.2 | -41.5% |
| Others | 8.4 | 8.5 | 3.8 | 3.7 | -23.9% |
| Total | 55.7 | 37.7 | 37.4 | 21.8 | -26.9% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Algeria in 2022:
- China (215.7 tons)
- Italy (173.7 tons)
- Spain (163.8 tons)
- United States (47.5 tons)
- Turkey (46.9 tons)
- France (44.0 tons)
- Germany (37.5 tons)
- India (19.7 tons)
- Greece (18.1 tons)
- Tunisia (17.7 tons)
- Belgium (14.1 tons)
- United Kingdom (14.0 tons)
- South Korea (6.0 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria
In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses exported from Algeria declined remarkably to 2.6 tons, which is down by -17% compared with the previous year. Over the period under review, exports saw a sharp reduction. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses rose to $151K in 2022. In general, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 6.8% against the previous year.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 4.8 | 2.9 | 56.8 | 46.3 | 112.9% |
| Italy | 22.3 | 3.5 | 7.5 | 14.8 | -12.8% |
| United Kingdom | 23.0 | 17.2 | 14.5 | 11.3 | -21.1% |
| Norway | 24.5 | 9.8 | 2.3 | 7.4 | -32.9% |
| Denmark | N/A | 50.3 | 24.8 | 4.8 | -69.1% |
| Germany | 15.4 | 8.5 | 5.3 | 2.2 | -47.7% |
| South Korea | 3.6 | 2.7 | 2.3 | 1.8 | -20.6% |
| Niger | 68.4 | N/A | N/A | N/A | 0% |
| Others | 31.6 | 40.8 | 31.7 | 62.3 | 25.4% |
| Total | 193 | 136 | 145 | 151 | -7.9% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Algeria in 2022:
- South Korea (1641.0 kg)
- Philippines (411.0 kg)
- Italy (104.0 kg)
- United Kingdom (100.0 kg)
- Norway (57.0 kg)
- Denmark (43.0 kg)
- Germany (36.0 kg)
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