Algeria: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in Algeria

The Algerian stone sawing machine market fell to $X in 2021, dropping by -6.3% 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). In general, consumption, however, saw a slight expansion. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Stone Sawing Machine Exports

Exports from Algeria

In 2021, shipments abroad of sawing machines for working stone, ceramics and concrete increased by 1,900% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, stone sawing machine exports skyrocketed to $X in 2021. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for stone sawing machine exports from Algeria, accounting for a approx. 50% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Sweden was relatively modest.

In value terms, Sweden ($X) emerged as the key foreign market for sawing machines for working stone, ceramics and concrete exports from Algeria.

From 2013 to 2021, the average annual growth rate of value to Sweden was relatively modest.

Export Prices by Country

In 2021, the average stone sawing machine export price amounted to $X per unit, with an increase of 24% against the previous year. Over the period under review, the export price posted a strong increase. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

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

From 2013 to 2021, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Stone Sawing Machine Imports

Imports into Algeria

In 2021, supplies from abroad of sawing machines for working stone, ceramics and concrete decreased by -34.8% to X units, falling for the third year in a row after two years of growth. Overall, imports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when imports increased by 98%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -3.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 74% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of stone sawing machine to Algeria, with a 41% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. Japan (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+113.3% per year) and Japan (+62.0% per year).

In value terms, Italy ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Algeria, comprising 28% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Turkey, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-9.3% per year) and Turkey (+51.2% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, growing by 80% against the previous year. Overall, the import price recorded a perceptible increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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