Algeria: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in Algeria

In 2023, after four years of decline, there was significant growth in the Algerian metal domestic furniture market, when its value increased by X% to $X. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Metal Domestic Furniture Exports

Exports from Algeria

In 2023, exports of metal furniture from Algeria surged to X tons, picking up by X% compared with the year before. In general, exports, however, recorded a pronounced curtailment. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.

In value terms, metal domestic furniture exports expanded notably to $X in 2023. Over the period under review, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Tunisia (X tons) and Portugal (X tons) were the main destinations of metal domestic furniture exports from Algeria, together comprising X% of total exports. France, Belgium, Morocco, Angola, Turkey and Egypt lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal domestic furniture exported from Algeria were Belgium ($X), Portugal ($X) and France ($X), together accounting for X% of total exports. Tunisia, the Czech Republic, Angola, Morocco, Turkey and Egypt lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Egypt, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average metal domestic furniture export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2022, and then dropped markedly in the following year.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Metal Domestic Furniture Imports

Imports into Algeria

In 2023, supplies from abroad of metal furniture was finally on the rise to reach X tons for the first time since 2018, thus ending a four-year declining trend. Over the period under review, imports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, metal domestic furniture imports skyrocketed to $X in 2023. In general, imports showed a modest increase. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, China (X tons) constituted the largest metal domestic furniture supplier to Algeria, with a X% share of total imports. Moreover, metal domestic furniture imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of metal furniture to Algeria, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2023, 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: Spain (X% per year) and Turkey (X% per year).

Import Prices by Country

The average metal domestic furniture import price stood at $X per ton in 2023, dropping by X% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, metal domestic furniture import price increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, 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