Algeria: Smart Card Market 2024

Smart Card Market Size in Algeria

The Algerian smart card market rose sharply to $X in 2022, surging by 5.7% against the previous year. In general, consumption, however, saw a resilient increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Smart Card Production in Algeria

In value terms, smart card production rose notably to $X in 2022 estimated in export price. Overall, production, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 63%. Smart card production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Smart Card Exports

Exports from Algeria

In 2022, after two years of growth, there was significant decline in shipments abroad of cards incorporating an electronic integrated circuit (smart card), when their volume decreased by -48.5% to X units. Overall, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 623%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, smart card exports shrank markedly to $X in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 911% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Morocco (X units), Tunisia (X units) and Cote d'Ivoire (X units) were the main destinations of smart card exports from Algeria, together accounting for 92% of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +30.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Morocco ($X) remains the key foreign market for cards incorporating an electronic integrated circuit (smart card) exports from Algeria, comprising 56% of total exports. The second position in the ranking was taken by France ($X), with an 18% share of total exports. It was followed by Cote d'Ivoire, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Morocco amounted to +26.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.5% per year) and Cote d'Ivoire (-24.0% per year).

Export Prices by Country

The average smart card export price stood at $X per unit in 2022, rising by 6.8% against the previous year. In general, the export price enjoyed strong growth. The growth pace was the most rapid in 2016 when the average export price increased by 281%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+12.6%), while the prices for the other major destinations experienced a decline.

Smart Card Imports

Imports into Algeria

After two years of growth, overseas purchases of cards incorporating an electronic integrated circuit (smart card) decreased by -11.9% to X units in 2022. Overall, imports, however, saw a slight expansion. The pace of growth was the most pronounced in 2018 with an increase of 400%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, smart card imports contracted to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X units) constituted the largest smart card supplier to Algeria, with a 78% share of total imports. Moreover, smart card imports from Poland exceeded the figures recorded by the second-largest supplier, Brazil (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 5% share.

From 2012 to 2022, the average annual growth rate of volume from Poland amounted to +28.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+77.7% per year) and China (+15.8% per year).

In value terms, the largest smart card suppliers to Algeria were Poland ($X), China ($X) and Brazil ($X), together accounting for 69% of total imports.

Brazil, with a CAGR of +37.7%, 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

The average smart card import price stood at $X per unit in 2022, picking up by 2% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 122%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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