Algeria: Market for Furnishing Articles, Furniture and Cushion Covers 2024

Market Size for Furnishing Articles, Furniture and Cushion Covers in Algeria

The Algerian market for furnishing articles, furniture and cushion covers dropped to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Furnishing Articles, Furniture and Cushion Covers in Algeria

In value terms, production of furnishing articles, furniture and cushion covers declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Furnishing Articles, Furniture and Cushion Covers

Exports from Algeria

In 2022, approx. X kg of furnishing articles, furniture and cushion covers were exported from Algeria; which is down by X% compared with the year before. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of furnishing articles, furniture and cushion covers declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X kg) was the main destination for exports of furnishing articles, furniture and cushion covers from Algeria, with a X% share of total exports. Moreover, exports of furnishing articles, furniture and cushion covers to Niger exceeded the volume sent to the second major destination, France (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Egypt (X% per year).

In value terms, Niger ($X), France ($X) and Egypt ($X) were the largest markets for furnishing article, furniture and cushion cover exported from Algeria worldwide, together comprising X% of total exports.

Niger, with a CAGR of X%, saw 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 mixed trend patterns.

Export Prices by Country

In 2022, the average export price for furnishing articles, furniture and cushion covers amounted to $X per ton, flattening at the previous year. In general, the export price saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Furnishing Articles, Furniture and Cushion Covers

Imports into Algeria

In 2022, after two years of growth, there was significant decline in purchases abroad of furnishing articles, furniture and cushion covers, when their volume decreased by X% to X tons. Overall, imports continue to indicate a slight reduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of furnishing articles, furniture and cushion covers dropped dramatically to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of furnishing article, furniture and cushion cover to Algeria, with a X% share of total imports. Moreover, imports of furnishing articles, furniture and cushion covers from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Syrian Arab Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Syrian Arab Republic (X% per year).

In value terms, the largest furnishing article, furniture and cushion cover suppliers to Algeria were China ($X), Turkey ($X) and Syrian Arab Republic ($X), together comprising X% of total imports. Tunisia, Spain, Egypt, France and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, 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 2022, the average import price for furnishing articles, furniture and cushion covers amounted to $X per ton, waning by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell notably in the following year.

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 Tunisia ($X per ton), while the price for Syrian Arab Republic ($X per ton) 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

Frequently Asked Questions (FAQ) :