Algeria: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Algeria

The Algerian market for diesel engines (other than for motor vehicles and aircraft) was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, continues to indicate a slight descent. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Algeria

In value terms, production of diesel engines (other than for motor vehicles and aircraft) stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2016 when the production volume increased by 131% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Algeria

In 2022, overseas shipments of diesel engines (other than for motor vehicles and aircraft) decreased by -30.8% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) contracted rapidly to $X in 2022. Overall, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 173% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), France (X units) and Italy (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Algeria, with a combined 78% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +24.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Spain ($X) appeared to be the largest markets for diesel engines (other than for motor vehicles and aircraft) exported from Algeria worldwide, together accounting for 94% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +94.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Italy ($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 the Netherlands (+56.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Algeria

In 2022, after two years of decline, there was growth in overseas purchases of diesel engines (other than for motor vehicles and aircraft), when their volume increased by 4.9% to X units. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 62%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) expanded rapidly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 85%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and India (X units) were the main suppliers of imports of diesel engines (other than for motor vehicles and aircraft) to Algeria, with a combined 58% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +36.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Algeria, comprising 31% of total imports. The second position in the ranking was held by Italy ($X), with a 10% share of total imports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.2% per year) and Germany (-11.6% per year).

Import Prices by Country

In 2022, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, rising by 9.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 87% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Italy ($X per unit), while the price for China ($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 (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :