Algeria - Way-Type Unit Heads for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Algeria: Way-Type Unit Head Market 2022
Way-Type Unit Head Market Size in Algeria
The Algerian way-type unit head market surged to $X in 2021, with an increase of X% 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, faced a abrupt decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.
Way-Type Unit Head Imports
Imports into Algeria
In 2021, after five years of decline, there was significant growth in supplies from abroad of way-type unit heads for working metal, when their volume increased by X% to X tons. In general, imports, however, showed a significant decline. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, way-type unit head imports surged to $X in 2021. Over the period under review, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, China (X tons) constituted the largest way-type unit head supplier to Algeria, accounting for a X% share of total imports. Moreover, way-type unit head imports from China exceeded the figures recorded by the second-largest supplier, Spain (X kg), fivefold. France (X kg) ranked third in terms of total imports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and France (-X% per year).
In value terms, the largest way-type unit head suppliers to Algeria were Italy ($X), Spain ($X) and France ($X), together accounting for X% of total imports. China, Belgium and the United States lagged somewhat behind, together comprising a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2021, the average way-type unit head import price amounted to $X per ton, falling by -X% against the previous year. In general, the import price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the way-type unit head 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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