
Algeria - Artificial and Prepared Waxes of Polyethylene Glycol - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Polyethylene Glycol Wax Market 2022
Polyethylene Glycol Wax Market Size in Algeria
In 2021, the Algerian polyethylene glycol wax market decreased by -21.7% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption recorded a abrupt contraction. Polyethylene glycol wax consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Polyethylene Glycol Wax Exports
Exports from Algeria
Polyethylene glycol wax exports from Algeria was estimated at X kg in 2014, standing approx. at 2013. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2014 and are likely to continue growth in years to come.
In value terms, polyethylene glycol wax exports amounted to $X in 2014. In general, exports saw a relatively flat trend pattern. The exports peaked in 2014 and are likely to continue growth in the immediate term.
Exports by Country
China (X kg) was the main destination for polyethylene glycol wax exports from Algeria, with a approx. 100% share of total exports.
From 2014 to 2014, the average annual rate of growth in terms of volume to China was relatively modest.
From 2014 to 2014, the average annual growth rate of value to China was relatively modest.
Polyethylene Glycol Wax Imports
Imports into Algeria
After two years of growth, overseas purchases of artificial and prepared waxes of polyethylene glycol decreased by -20.7% to X tons in 2021. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of 107%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, polyethylene glycol wax imports declined dramatically to $X in 2021. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 78%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.
Imports by Country
France (X tons), Spain (X tons) and South Korea (X tons) were the main suppliers of polyethylene glycol wax imports to Algeria, with a combined 66% share of total imports. Italy, Belgium, the Netherlands, the United Arab Emirates and Germany lagged somewhat behind, together comprising a further 28%.
From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +77.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest polyethylene glycol wax suppliers to Algeria were France ($X), Spain ($X) and Italy ($X), together accounting for 70% of total imports.
Among the main suppliers, Italy, with a CAGR of +55.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average polyethylene glycol wax import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the polyethylene glycol wax market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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