Price for Tractors; (Other than Tractors of Heading No 8709) in Algeria - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Algeria (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Algeria (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Algeria
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Algeria
Price for Tractors; (Other than Tractors of Heading No 8709) in Algeria (CIF) - 2022
In 2022, the average import price for tractors; (other than tractors of heading no 8709)s amounted to $64,904 per unit, which is down by -11.4% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2016 an increase of 63% against the previous year. The import price peaked at $73,276 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($118,771 per unit), while the price for Italy ($8,889 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Algeria (FOB) - 2022
In 2022, the average export price for tractors; (other than tractors of heading no 8709)s amounted to $33,523 per unit, picking up by 14% against the previous year. Overall, the export price continues to indicate strong growth. The growth pace was the most rapid in 2021 an increase of 270% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($50,983 per unit), while the average price for exports to Belgium ($14,773 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+196.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Algeria
In 2022, approx. 1.5K units of tractors; (other than tractors of heading no 8709)s were imported into Algeria; jumping by 118% on the previous year. In general, imports, however, faced a dramatic descent. Over the period under review, imports of hit record highs at 3.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of tractors; (other than tractors of heading no 8709)s surged to $97M in 2022. Over the period under review, imports, however, showed a precipitous decrease. Imports peaked at $219M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Tractors; (Other than Tractors of Heading No 8709) in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 79.4 | 5.0 | 27.6 | 43.7 | -18.0% |
| Netherlands | 2.5 | 1.3 | 0.3 | 16.0 | 85.7% |
| France | 97.6 | 3.5 | 7.7 | 15.4 | -46.0% |
| Brazil | 2.1 | 1.7 | 2.2 | 4.7 | 30.8% |
| Sweden | 7.1 | 4.0 | 3.9 | 4.7 | -12.8% |
| South Korea | 3.6 | 2.1 | 2.1 | 2.5 | -11.4% |
| China | 3.9 | 0.1 | 0.3 | 1.3 | -30.7% |
| Italy | 2.8 | 0.5 | 0.2 | 0.7 | -37.0% |
| India | 10.9 | 2.9 | 1.4 | 0.3 | -69.8% |
| Others | 8.6 | 5.2 | 4.7 | 7.5 | -4.5% |
| Total | 219 | 26.3 | 50.3 | 96.9 | -23.8% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Algeria in 2022:
- Germany (449.0 units)
- Brazil (298.0 units)
- France (165.0 units)
- Netherlands (135.0 units)
- Sweden (86.0 units)
- Italy (84.0 units)
- China (65.0 units)
- South Korea (63.0 units)
- India (17.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Algeria
In 2022, the amount of tractors; (other than tractors of heading no 8709)s exported from Algeria amounted to 8 units, almost unchanged from the previous year's figure. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. The exports peaked at 13 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of tractors; (other than tractors of heading no 8709)s rose remarkably to $268K in 2022. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 493%. The exports peaked at $361K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tractors; (Other than Tractors of Heading No 8709) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 47.5 | 18.7 | 70.5 | 204 | 62.5% |
| Senegal | 16.2 | 10.4 | 15.7 | 32.1 | 25.6% |
| Niger | 5.1 | 4.8 | 7.7 | 17.3 | 50.3% |
| Belgium | 5.0 | 2.7 | 4.7 | 14.8 | 43.6% |
| United Arab Emirates | N/A | N/A | 130 | N/A | 0% |
| Portugal | N/A | 3.2 | 7.2 | N/A | 125.0% |
| Mauritania | 283 | N/A | N/A | N/A | 0% |
| Others | 5.0 | N/A | N/A | N/A | 0% |
| Total | 361 | 39.9 | 236 | 268 | -9.5% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Algeria in 2022:
- Italy (4.0 units)
- Senegal (2.0 units)
- Belgium (1.0 units)
- Niger (1.0 units)
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