Algeria: Market for Electro-Thermic Appliances Or Domestic Purposes 2022

Market Size for Electro-Thermic Appliances Or Domestic Purposes in Algeria

In 2021, after three years of growth, there was significant decline in the Algerian market for electro-thermic appliances or domestic purposes, when its value decreased by -15.2% to $X. In general, consumption, however, saw buoyant growth. Over the period under review, the market reached the peak level at $X in 2020, and then contracted significantly in the following year.

Exports of Electro-Thermic Appliances Or Domestic Purposes

Exports from Algeria

In 2021, overseas shipments of electro-thermic appliances or domestic purposes were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 71%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electro-thermic appliances or domestic purposes exports totaled $X in 2021. Overall, exports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 217%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X units), Mozambique (X units) and Angola (X units) were the main destinations of electro-thermic appliances or domestic purposes exports from Algeria, with a combined 97% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +59.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for electro-thermic appliances or domestic purposes exports from Algeria, comprising 86% of total exports. The second position in the ranking was taken by Angola ($X), with an 8.4% share of total exports. It was followed by Mozambique, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to France amounted to +60.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+13.7% per year) and Mozambique (0.0% per year).

Export Prices by Country

In 2021, the average export price for electro-thermic appliances or domestic purposes amounted to $X per unit, declining by -19.8% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2018 an increase of 86% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+280.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electro-Thermic Appliances Or Domestic Purposes

Imports into Algeria

In 2021, purchases abroad of electro-thermic appliances or domestic purposes decreased by -23.6% to X units for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of X units, and then contracted significantly in the following year.

In value terms, electro-thermic appliances or domestic purposes imports dropped to $X in 2021. Over the period under review, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 104%. Imports peaked at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of electro-thermic appliances or domestic purposes to Algeria, with a 93% share of total imports. It was followed by France (X units), with a 2.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +7.7%.

In value terms, China ($X) constituted the largest supplier of electro-thermic appliances or domestic purposes to Algeria, comprising 62% of total imports. The second position in the ranking was held by France ($X), with a 6.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +12.0%.

Import Prices by Country

The average import price for electro-thermic appliances or domestic purposes stood at $X per unit in 2021, growing by 16% against the previous year. In general, import price indicated noticeable growth from 2012 to 2021: its price 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, electro-thermic appliances or domestic purposes import price decreased by -14.6% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 45%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average 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 France ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.0%).

Source: IndexBox Platform

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