Algeria: Market for Wiring sets used in vehicles, aircraft or ships 2024

Market Size for Wiring sets used in vehicles, aircraft or ships in Algeria

The Algerian market for wiring sets used in vehicles, aircraft or ships reached $X in 2022, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in Algeria

In value terms, production of wiring sets used in vehicles, aircraft or ships totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

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Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Algeria

In 2022, overseas shipments of wiring sets used in vehicles, aircraft or ships decreased by X% to X kg, falling for the third consecutive year after two years of growth. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships declined significantly to $X in 2022. Over the period under review, exports faced a significant decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X kg) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Algeria, accounting for a X% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to Slovakia exceeded the volume sent to the second major destination, the United States (X kg), fourfold. Russia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia amounted to X.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Russia (X% per year).

In value terms, Slovakia ($X), France ($X) and the United States ($X) were the largest markets for wiring sets used in vehicles, aircraft or ships exported from Algeria worldwide, with a combined X% share of total exports.

Among the main countries of destination, Slovakia, with a CAGR of X.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a deep setback. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Algeria

In 2022, imports of wiring sets used in vehicles, aircraft or ships into Algeria contracted significantly to X tons, declining by X% against the previous year's figure. Over the period under review, imports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships shrank significantly to $X in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

China (X tons), Tunisia (X tons) and South Korea (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Algeria, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Tunisia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wiring sets used in vehicles, aircraft or ships suppliers to Algeria were France ($X), Tunisia ($X) and China ($X), together comprising X% of total imports.

Tunisia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, showed prominent growth. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined notably in the following year.

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

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

Source: IndexBox Platform

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