Algeria: Plaster Article Market 2024

Plaster Article Market Size in Algeria

The Algerian plaster article market totaled $X in 2021, picking up by 2.8% against the previous year. Over the period under review, consumption posted a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Plaster Article Production in Algeria

In value terms, plaster article production totaled $X in 2021 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.5% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 37%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Plaster Article Exports

Exports from Algeria

After three years of decline, shipments abroad of articles of plaster or of compositions based on plaster increased by 17% to X tons in 2021. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when exports increased by 31%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, plaster article exports skyrocketed to $X in 2021. In general, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2013 with an increase of 39% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X tons), Nigeria (X tons) and South Africa (X tons) were the main destinations of plaster article exports from Algeria, together comprising 71% of total exports.

From 2012 to 2021, the biggest increases were in Morocco (with a CAGR of -3.9%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for plaster article exported from Algeria were Nigeria ($X), Morocco ($X) and South Africa ($X), with a combined 73% share of total exports.

In terms of the main countries of destination, Nigeria, with a CAGR of -3.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, remaining constant against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Angola ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Article Imports

Imports into Algeria

After three years of growth, overseas purchases of articles of plaster or of compositions based on plaster decreased by -57.9% to X tons in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 54%. Over the period under review, imports hit record highs at X tons in 2020, and then fell significantly in the following year.

In value terms, plaster article imports fell sharply to $X in 2021. In general, total imports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -41.0% against 2016 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 50% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Turkey (X tons), Italy (X tons) and China (X tons) were the main suppliers of plaster article imports to Algeria, with a combined 75% share of total imports. Spain, Greece, the United States, the Netherlands, Saudi Arabia and Denmark lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the biggest increases were in Greece (with a CAGR of +72.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster article suppliers to Algeria were Italy ($X), China ($X) and Turkey ($X), together accounting for 55% of total imports. The United States, Greece, Spain, the Netherlands, Denmark and Saudi Arabia lagged somewhat behind, together accounting for a further 32%.

The Netherlands, with a CAGR of +38.7%, recorded 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

In 2021, the average plaster article import price amounted to $X per ton, surging by 90% against the previous year. Overall, the import price continues to indicate a measured increase. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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