Algeria: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in Algeria

The Algerian air conditioning machine market contracted sharply to $X in 2021, declining by -51.2% against the previous year. In general, consumption saw a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Air Conditioning Machine Production in Algeria

In value terms, air conditioning machine production reached $X in 2021 estimated in export price. Overall, production, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of 96% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Air Conditioning Machine Exports

Exports from Algeria

In 2021, shipments abroad of air conditioning machines increased by 16% to X units, rising for the seventh year in a row after two years of decline. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 176%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

In value terms, air conditioning machine exports reduced to $X in 2021. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2018 with an increase of 238% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X units) was the main destination for air conditioning machine exports from Algeria, with a 99% share of total exports. It was followed by China (X units), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tunisia totaled +58.8%.

In value terms, Tunisia ($X) emerged as the key foreign market for air conditioning machine exports from Algeria, comprising 98% of total exports. The second position in the ranking was taken by China ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Tunisia totaled +50.5%.

Export Prices by Country

The average air conditioning machine export price stood at $X per unit in 2021, shrinking by -19.4% against the previous year. Over the period under review, the export price showed a noticeable downturn. The most prominent rate of growth was recorded in 2013 an increase of 32%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Tunisia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.

Air Conditioning Machine Imports

Imports into Algeria

Air conditioning machine imports into Algeria shrank rapidly to X units in 2021, waning by -64.7% compared with 2020 figures. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, air conditioning machine imports plummeted to $X in 2021. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 with an increase of 22% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), South Korea (X units) and the United Arab Emirates (X units) were the main suppliers of air conditioning machine imports to Algeria, with a combined 82% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +19.3%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest air conditioning machine suppliers to Algeria were China ($X), South Korea ($X) and France ($X), together comprising 63% of total imports.

Among the main suppliers, South Korea, with a CAGR of +13.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average air conditioning machine import price amounted to $X per unit, growing by 33% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per unit), while the price for China ($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 (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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