Algeria: Alcohols Market 2024

Alcohols Market Size in Algeria

In 2020, the Algerian alcohols market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a slight descent. As a result, consumption reached the peak level of $X. From 2019 to 2020, the growth of the market failed to regain momentum.

Alcohols Production in Algeria

In value terms, alcohols production reduced to $X in 2020 estimated in export price. In general, production, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a somewhat lower figure.

Alcohols Exports

Exports from Algeria

In 2020, overseas shipments of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, alcohols exports declined to $X in 2020. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for alcohols exports from Algeria, accounting for a X% share of total exports. Moreover, alcohols exports to India exceeded the volume sent to the second major destination, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2020, the average annual growth rate of volume to India stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, India ($X) remains the key foreign market for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2020, the average annual growth rate of value to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Turkey (X% per year).

Export Prices by Country

The average alcohols export price stood at $X per ton in 2020, reducing by X% against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while the average price for exports to Greece ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Alcohols Imports

Imports into Algeria

After four years of growth, purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons in 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then shrank sharply in the following year.

In value terms, alcohols imports shrank dramatically to $X in 2020. Overall, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2019, and then fell significantly in the following year.

Imports by Country

Saudi Arabia (X tons), Sweden (X tons) and Spain (X tons) were the main suppliers of alcohols imports to Algeria, together accounting for X% of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Sweden ($X) and Saudi Arabia ($X) constituted the largest alcohols suppliers to Algeria, together accounting for X% of total imports.

Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average alcohols import price stood at $X per ton in 2020, jumping by X% against the previous year. Overall, the import price, however, recorded a pronounced descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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