Algeria: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2023

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Algeria

In 2021, after two years of decline, there was significant growth in the Algerian market for machine-tools for working stone, ceramics, and concrete, when its value increased by 192% to $X. Overall, consumption, however, continues to indicate a abrupt decline. Machine tools for working stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Algeria

Machine tools for working stone exports from Algeria surged to X units in 2021, rising by 88% against the previous year's figure. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2019 with an increase of 458%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, machine tools for working stone exports surged to $X in 2021. Overall, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2019 when exports increased by 276%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Niger (X units) was the main destination for machine tools for working stone exports from Algeria, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Niger totaled +42.0%.

In value terms, Niger ($X) also remains the key foreign market for machine-tools for working stone, ceramics, and concrete exports from Algeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Niger totaled +40.4%.

Export Prices by Country

In 2021, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, with an increase of 3.4% against the previous year. Overall, the export price, however, recorded a slight reduction. The pace of growth was the most pronounced in 2016 an increase of 488% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Niger amounted to +0.3% per year.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Algeria

In 2021, supplies from abroad of machine-tools for working stone, ceramics, and concrete increased by 186% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, machine tools for working stone imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 when imports increased by 462%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of machine tools for working stone to Algeria, accounting for a 63% share of total imports. Moreover, machine tools for working stone imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by India (X units), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.9% per year) and India (+64.1% per year).

In value terms, Italy ($X) constituted the largest supplier of machine-tools for working stone, ceramics, and concrete to Algeria, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with a 9.9% share of total imports. It was followed by Spain, with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.1% per year) and Spain (-25.9% per year).

Import Prices by Country

In 2021, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, surging by 5% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of 105% against the previous year. The import price peaked at $X per unit 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 Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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