Algeria: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2022

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in Algeria

In 2021, the Algerian market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 95% to $X, rising for the sixth consecutive year after three years of decline. In general, consumption enjoyed a significant increase. Consumption of peaked in 2021 and is likely to see steady growth in the near future.

Exports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Exports from Algeria

In 2021, shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 108% to X units, rising for the third year in a row after three years of decline. Overall, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 144%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped remarkably to $X in 2021. In general, exports, however, recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 299% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Algeria, accounting for a 79% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Romania exceeded the volume sent to the second major destination, Turkey (X units), fivefold. The United States (X units) ranked third in terms of total exports with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+1.6% per year) and the United States (-25.5% per year).

In value terms, the United States ($X) remains the key foreign market for hydraulic pump (gear or vane) and other rotary positive displacement pump exports from Algeria, comprising 57% of total exports. The second position in the ranking was taken by Romania ($X), with a 28% share of total exports. It was followed by Turkey, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled -17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Turkey (+2.0% per year).

Export Prices by Country

In 2021, the average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, which is down by -69.9% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 155% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Imports into Algeria

In 2021, purchases abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 153% to X units, rising for the sixth year in a row after three years of decline. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined to $X in 2021. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of 68% against the previous year. Over the period under review, imports of reached the maximum at $X in 2020, and then dropped in the following year.

Imports by Country

In 2021, China (X units) was the main hydraulic pump (gear or vane) and other rotary positive displacement pump supplier to Algeria, accounting for a 92% share of total imports. It was followed by France (X units), with a 2.3% share of total imports. The third position in this ranking was held by Thailand (X units), with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+4.0% per year) and Thailand (0.0% per year).

In value terms, China ($X) constituted the largest supplier of hydraulic pump (gear or vane) and other rotary positive displacement pump to Algeria, comprising 68% of total imports. The second position in the ranking was held by France ($X), with an 8.6% share of total imports. It was followed by Thailand, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+0.2% per year) and Thailand (0.0% per year).

Import Prices by Country

The average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, falling by -65.7% against the previous year. Overall, the import price faced a deep slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 29% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-3.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :