Algeria: Market for Hand-Operated Drilling, Threading or Tapping Tools 2025

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in Algeria

The Algerian market for hand-operated drilling, threading or tapping tools contracted markedly to $X in 2022, dropping by -23.8% 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, the total consumption indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +27.2% against 2020 indices. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from Algeria

In 2022, approx. X kg of hand-operated drilling, threading or tapping tools were exported from Algeria; with a decrease of -16.9% on the year before. Over the period under review, exports, however, saw a temperate expansion. The growth pace was the most rapid in 2017 when exports increased by 200% against the previous year. The exports peaked at X kg in 2021, and then contracted sharply in the following year.

In value terms, exports of hand-operated drilling, threading or tapping tools contracted remarkably to $X in 2022. Overall, exports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2021 with an increase of 264% against the previous year. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Austria (X kg) was the main destination for exports of hand-operated drilling, threading or tapping tools from Algeria, accounting for a 84% share of total exports. Moreover, exports of hand-operated drilling, threading or tapping tools to Austria exceeded the volume sent to the second major destination, Russia (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Austria stood at +29.9%.

In value terms, Austria ($X) remains the key foreign market for hand-operated drilling, threading or tapping tools exports from Algeria, comprising 85% of total exports. The second position in the ranking was taken by Russia ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria totaled +26.8%.

Export Prices by Country

In 2022, the average export price for hand-operated drilling, threading or tapping tools amounted to $X per ton, which is down by -23.3% against the previous year. In general, the export price showed a slight curtailment. The growth pace was the most rapid in 2013 an increase of 79% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.1%).

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into Algeria

In 2022, imports of hand-operated drilling, threading or tapping tools into Algeria shrank significantly to X tons, which is down by -22.7% on the previous year's figure. Overall, imports, however, recorded a temperate increase. The growth pace was the most rapid in 2014 with an increase of 144% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of hand-operated drilling, threading or tapping tools dropped rapidly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 100%. Over the period under review, imports of attained the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Brazil (X tons) and India (X tons) were the main suppliers of imports of hand-operated drilling, threading or tapping tools to Algeria, with a combined 94% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +31.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of hand-operated drilling, threading or tapping tools to Algeria, comprising 59% of total imports. The second position in the ranking was taken by Brazil ($X), with a 14% share of total imports. It was followed by India, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+1.4% per year) and India (+27.4% per year).

Import Prices by Country

The average import price for hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, waning by -3% against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by 70% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood 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 France ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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