Algeria: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Algeria

The Algerian man-made filament fabric market declined slightly to $X in 2022, with a decrease 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). The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Man-Made Filament Fabric Exports

Exports from Algeria

In 2022, overseas shipments of woven fabrics of man-made filaments and staple fibers decreased by X% to X square meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, man-made filament fabric exports declined significantly to $X in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia (X square meters) was the main destination for man-made filament fabric exports from Algeria, accounting for a X% share of total exports. Moreover, man-made filament fabric exports to Tunisia exceeded the volume sent to the second major destination, Ukraine (X square meters), more than tenfold. The third position in this ranking was taken by Morocco (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and Morocco (X% per year).

In value terms, Tunisia ($X) emerged as the key foreign market for woven fabrics of man-made filaments and staple fibers exports from Algeria, comprising X% of total exports. The second position in the ranking was held by Ukraine ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (X% per year) and France (X% per year).

Export Prices by Country

The average man-made filament fabric export price stood at $X per square meter in 2022, approximately mirroring the previous year. In general, the export price, however, saw a slight slump. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per square meter), while the average price for exports to Morocco ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Man-Made Filament Fabric Imports

Imports into Algeria

In 2022, the amount of woven fabrics of man-made filaments and staple fibers imported into Algeria amounted to X square meters, remaining stable against 2021 figures. Overall, imports posted perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, imports attained the peak of X square meters. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, man-made filament fabric imports reduced modestly to $X in 2022. In general, imports showed slight growth. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of man-made filament fabric to Algeria, with a X% share of total imports. Moreover, man-made filament fabric imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X square meters), more than tenfold. Turkey (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of man-made filaments and staple fibers to Algeria, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, 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: Egypt (X% per year) and Turkey (X% per year).

Import Prices by Country

The average man-made filament fabric import price stood at $X per square meter in 2022, reducing by X% against the previous year. Overall, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per square meter), while the price for Turkey ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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