Report Algeria - Tractors - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Algeria - Tractors - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Tractor Market 2022

Tractor Market Size in Algeria

The Algerian tractor market expanded significantly to $X in 2021, growing by 13% 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, recorded a abrupt descent. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Tractor Exports

Exports from Algeria

Tractor exports from Algeria fell dramatically to X units in 2021, which is down by -28.6% against 2020. Overall, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 47%. Over the period under review, the exports hit record highs at X units in 2020, and then shrank significantly in the following year.

In value terms, tractor exports declined modestly to $X in 2021. In general, exports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 27%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for tractor exports from Algeria, accounting for a 16% share of total exports. Moreover, tractor exports to Italy exceeded the volume sent to the second major destination, Portugal (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-88.9% per year) and Nigeria (-11.5% per year).

In value terms, Italy ($X) emerged as the key foreign market for tractor exports from Algeria, comprising 28% of total exports. The second position in the ranking was held by Nigeria ($X), with a 5.7% share of total exports. It was followed by Portugal, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (-15.9% per year) and Portugal (-91.6% per year).

Export Prices by Country

The average tractor export price stood at $X per unit in 2021, jumping by 33% against the previous year. Over the period under review, the export price, however, saw a abrupt contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Portugal ($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 Mauritania (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.

Tractor Imports

Imports into Algeria

In 2021, after four years of decline, there was significant growth in purchases abroad of tractors, when their volume increased by 38% to X units. In general, imports, however, faced a abrupt contraction. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, tractor imports expanded rapidly to $X in 2021. Over the period under review, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 38% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

India (X units), Germany (X units) and China (X units) were the main suppliers of tractor imports to Algeria, together accounting for 64% of total imports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of -2.1%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of tractor to Algeria, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-12.2% per year) and Italy (-1.8% per year).

Import Prices by Country

In 2021, the average tractor import price amounted to $X per unit, falling by -23.2% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of 37%. The import price peaked at $X per unit in 2020, and then shrank dramatically in the following year.

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 France (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for tractors in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 35% share of global consumption.
What are the largest producers of tractors in the world?
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The country with the largest volume of tractor production was China, comprising approx. 18% of total volume. Moreover, tractor production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 7.3% share.
What are the leading suppliers of tractors to Algeria?
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In value terms, Germany constituted the largest supplier of tractor to Algeria, comprising 47% of total imports. The second position in the ranking was taken by China, with an 11% share of total imports. It was followed by Italy, with an 11% share.
What are the leading importers of tractors from Algeria?
+
In value terms, Italy emerged as the key foreign market for tractor exports from Algeria, comprising 28% of total exports. The second position in the ranking was held by Nigeria, with a 5.7% share of total exports. It was followed by Portugal, with a 3% share.
What is the average export price for tractors in Algeria?
+
In 2021, the average tractor export price amounted to $10,543 per unit, picking up by 33% against the previous year.
What is the average import price for tractors in Algeria?
+
The average tractor import price stood at $38,366 per unit in 2021, shrinking by -23.2% against the previous year.

This report provides an in-depth analysis of the tractor market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 28301000 - Pedestrian-controlled tractors
• Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
• Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
• Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
• Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
• Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
• Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
• Prodcom 28925000 - (Crawler tractors) Track-laying tractors
• Prodcom 29104300 - Road tractors for semi-trailers
Country coverage:
• Algeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Algeria
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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