Algeria: Ink Market 2022

Ink Market Size in Algeria

The Algerian ink market skyrocketed to $X in 2021, with an increase of 17% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a pronounced curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ink Exports

Exports from Algeria

In 2021, shipments abroad of inks (excluding printing ink) increased by 1.9% to X tons, rising for the third year in a row after six years of decline. Overall, exports enjoyed strong growth. The pace of growth was the most pronounced in 2019 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, ink exports shrank slightly to $X in 2021. In general, total exports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +101.5% against 2018 indices. The growth pace was the most rapid in 2019 with an increase of 98% against the previous year. The exports peaked at $X in 2020, and then reduced in the following year.

Exports by Country

Tunisia (X tons) was the main destination for ink exports from Algeria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tunisia amounted to +6.4%.

In value terms, Tunisia ($X) also remains the key foreign market for ink exports from Algeria.

From 2012 to 2021, the average annual growth rate of value to Tunisia was relatively modest.

Export Prices by Country

The average ink export price stood at $X per ton in 2021, declining by -3.7% against the previous year. Over the period under review, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 22%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tunisia.

From 2012 to 2021, the rate of growth in terms of prices for Tunisia amounted to -5.7% per year.

Ink Imports

Imports into Algeria

In 2021, after three years of decline, there was growth in overseas purchases of inks (excluding printing ink), when their volume increased by 3.2% to X tons. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 63%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ink imports soared to $X in 2021. Overall, total imports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -24.9% against 2017 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 105%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

France (X tons), China (X tons) and Saudi Arabia (X tons) were the main suppliers of ink imports to Algeria, together comprising 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +36.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ink suppliers to Algeria were Denmark ($X), France ($X) and China ($X), together comprising 83% of total imports.

Among the main suppliers, France, with a CAGR of +37.6%, saw the highest growth rate of 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 ink import price amounted to $X per ton, picking up by 28% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +10.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ink import price decreased by -13.8% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 119%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while the price for Saudi Arabia ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :