
Algeria - Glass Fibre Mats - Market Analysis, Forecast, Size, Trends and Insights
Algeria: Glass Fibre Mat Market 2022
Glass Fibre Mat Market Size in Algeria
In 2021, after three years of decline, there was significant growth in the Algerian glass fibre mat market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
Glass Fibre Mat Imports
Imports into Algeria
In 2021, after three years of decline, there was significant growth in overseas purchases of glass fibre mats, when their volume increased by X% to X tons. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports failed to regain momentum.
In value terms, glass fibre mat imports surged to $X in 2021. In general, imports, however, showed a noticeable shrinkage. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, China (X tons) was the main glass fibre mat supplier to Algeria, with a X% share of total imports. Moreover, glass fibre mat imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (-X% per year).
In value terms, China ($X) constituted the largest supplier of glass fibre mat to Algeria, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Spain (-X% per year).
Import Prices by Country
In 2021, the average glass fibre mat import price amounted to $X per ton, flattening at the previous year. Over the period under review, the import price, however, saw a deep setback. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the glass fibre mat 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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