Algeria: Trailer And Semi-Trailer Market 2024

Trailer And Semi-Trailer Market Size in Algeria

The Algerian trailer and semi-trailer market contracted rapidly to $X in 2022, which is down by -35.5% 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). Overall, consumption continues to indicate a pronounced decline. As a result, consumption reached the peak level of $X, and then fell significantly in the following year.

Trailer And Semi-Trailer Exports

Exports from Algeria

Trailer and semi-trailer exports from Algeria dropped to X units in 2022, standing approx. at 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 1,483%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, trailer and semi-trailer exports shrank modestly to $X in 2022. Overall, exports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of 813% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X units) was the main destination for trailer and semi-trailer exports from Algeria, with a 96% share of total exports. It was followed by Tunisia (X units), with a 2.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Italy stood at +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (-4.0% per year) and Niger (-17.7% per year).

In value terms, the largest markets for trailer and semi-trailer exported from Algeria were Tunisia ($X), Italy ($X) and Niger ($X).

Among the main countries of destination, Tunisia, with a CAGR of -0.2%, saw 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 trailer and semi-trailer export price amounted to $X per unit, flattening at the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2018 when the average export price increased by 260%. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while the average price for exports to Niger ($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 (+4.0%), while the prices for the other major destinations experienced a decline.

Trailer And Semi-Trailer Imports

Imports into Algeria

Trailer and semi-trailer imports into Algeria declined rapidly to X units in 2022, dropping by -37.5% on the year before. In general, imports, however, posted a tangible increase. The pace of growth was the most pronounced in 2021 when imports increased by 293% against the previous year. As a result, imports attained the peak of X units, and then declined dramatically in the following year.

In value terms, trailer and semi-trailer imports shrank rapidly to $X in 2022. Over the period under review, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 133%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest trailer and semi-trailer supplier to Algeria, with a 69% share of total imports. Moreover, trailer and semi-trailer imports from Russia exceeded the figures recorded by the second-largest supplier, Tunisia (X units), more than tenfold. The third position in this ranking was taken by Egypt (X units), with a 4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia totaled +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (-6.7% per year) and Egypt (+5.4% per year).

In value terms, Russia ($X) constituted the largest supplier of cargo trailers and semi-trailers to Algeria, comprising 36% of total imports. The second position in the ranking was taken by Tunisia ($X), with a 14% share of total imports. It was followed by Turkey, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to -9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (-13.5% per year) and Turkey (+12.8% per year).

Import Prices by Country

The average trailer and semi-trailer import price stood at $X per unit in 2022, picking up by 14% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The growth pace was the most rapid in 2020 an increase of 34% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 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 ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform