Algeria: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Algeria

The Algerian carbon for electrical purposes market surged to $X in 2022, with an increase of 55% 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). Over the period under review, consumption, however, showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Algeria

In 2022, after two years of decline, there was significant growth in overseas shipments of articles of graphite or other carbon for electrical purposes, when their volume increased by 121% to X kg. Over the period under review, exports saw a prominent increase. The growth pace was the most rapid in 2015 with an increase of 220% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports skyrocketed to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 216%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X kg) and Canada (X kg) were the main destinations of carbon for electrical purposes exports from Algeria.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +0.5%).

In value terms, the UK ($X) remains the key foreign market for articles of graphite or other carbon for electrical purposes exports from Algeria, comprising 94% of total exports. The second position in the ranking was taken by Canada ($X), with a 6.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the UK totaled -1.2%.

Export Prices by Country

The average carbon for electrical purposes export price stood at $X per ton in 2022, reducing by -27% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 an increase of 52% against the previous year. Over the period under review, the average export prices reached the peak figure 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-1.7%).

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Algeria

In 2022, the amount of articles of graphite or other carbon for electrical purposes imported into Algeria surged to X tons, rising by 33% on 2021. Over the period under review, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 886% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, carbon for electrical purposes imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2017 when imports increased by 762%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X tons) constituted the largest carbon for electrical purposes supplier to Algeria, accounting for a 79% share of total imports. Moreover, carbon for electrical purposes imports from Singapore exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was held by Austria (X kg), with a 2.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore totaled +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-28.0% per year) and Austria (+19.4% per year).

In value terms, Singapore ($X) constituted the largest supplier of articles of graphite or other carbon for electrical purposes to Algeria, comprising 47% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Austria, with a 9.1% share.

From 2012 to 2022, the average annual growth rate of value from Singapore stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.1% per year) and Austria (+28.1% per year).

Import Prices by Country

In 2022, the average carbon for electrical purposes import price amounted to $X per ton, picking up by 27% against the previous year. Over the period under review, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 66% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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