Algeria: Plaster Article Market 2024

Plaster Article Market Size in Algeria

The Algerian plaster article market fell modestly to $X in 2022, standing approx. at the previous year. Overall, consumption, however, saw a strong increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Plaster Article Production in Algeria

In value terms, plaster article production reduced modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a measured increase 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, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Plaster Article Exports

Exports from Algeria

Plaster article exports from Algeria fell to X square meters in 2022, which is down by X% on the previous year's figure. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, plaster article exports contracted to $X in 2022. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Morocco (X square meters), Nigeria (X square meters) and South Africa (X square meters) were the main destinations of plaster article exports from Algeria, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for plaster article exported from Algeria were Morocco ($X), Nigeria ($X) and Tunisia ($X), together accounting for X% of total exports. Libya, South Africa, Syrian Arab Republic, Ghana, Angola and Egypt lagged somewhat behind, together comprising a further X%.

Syrian Arab Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average plaster article export price amounted to $X per square meter, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per square meter), while the average price for exports to Egypt ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Algeria

In 2022, imports of articles of plaster or of compositions based on plaster into Algeria soared to X square meters, growing by X% compared with the previous year. Over the period under review, imports showed a strong expansion. Over the period under review, imports hit record highs at X square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster article imports rose notably to $X in 2022. Overall, total imports indicated a moderate 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 2016 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Turkey (X square meters), Italy (X square meters) and China (X square meters) were the main suppliers of plaster article imports to Algeria, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster article suppliers to Algeria were Italy ($X), Turkey ($X) and China ($X), together comprising X% of total imports. The United States, Spain, Denmark and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average plaster article import price stood at $X per square meter in 2022, falling by X% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per square meter in 2017; however, from 2018 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 Denmark ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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