Algeria: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Algeria

After two years of growth, the Algerian market for vacuum pumps and air or gas compressors decreased by X% to $X in 2022. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Production of Vacuum Pumps and Air or Gas Compressors in Algeria

In value terms, production of vacuum pumps and air or gas compressors rose rapidly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports from Algeria

In 2022, the amount of vacuum pumps and air or gas compressors exported from Algeria declined dramatically to X units, reducing by X% against 2021. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vacuum pumps and air or gas compressors fell rapidly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank sharply in the following year.

Exports by Country

France (X units) was the main destination for exports of vacuum pumps and air or gas compressors from Algeria, with a X% share of total exports. Moreover, exports of vacuum pumps and air or gas compressors to France exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The UK (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, France ($X) emerged as the key foreign market for vacuum pumps and air or gas compressors exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Thailand, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Thailand (X% per year).

Export Prices by Country

The average export price for vacuum pumps and air or gas compressors stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to the United Arab Emirates ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Pumps and Air or Gas Compressors

Imports into Algeria

In 2022, after two years of growth, there was significant decline in purchases abroad of vacuum pumps and air or gas compressors, when their volume decreased by X% to X units. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then declined markedly in the following year.

In value terms, imports of vacuum pumps and air or gas compressors skyrocketed to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest vacuum pump and air or gas compressor supplier to Algeria, accounting for a X% share of total imports. Moreover, imports of vacuum pumps and air or gas compressors from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The third position in this ranking was held by Malaysia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of vacuum pumps and air or gas compressors to Algeria, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average import price for vacuum pumps and air or gas compressors amounted to $X per unit, increasing by X% against the previous year. In general, the import price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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