Algeria: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Algeria

The Algerian market for electric generating sets and rotary converters soared to $X in 2020, jumping by X% 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). Over the period under review, consumption showed a resilient increase. The growth pace was the most rapid in 2012 when the market value increased by X% against the previous year. Consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Algeria

Exports of electric generating sets and rotary converters from Algeria soared to X units in 2020, jumping by X% against the year before. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of X units. from 2019 to 2020, the growth of exports remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters surged to $X in 2020. Over the period under review, exports recorded prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth of exports remained at a lower figure.

Exports by Country

Niger (X units) was the main destination for exports of electric generating sets and rotary converters from Algeria, with a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to Niger exceeded the volume sent to the second major destination, Spain (X units), fourfold. Italy (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Niger amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+X% per year) and Italy (-X% per year).

In value terms, the largest markets for electric generating set and rotary converter exported from Algeria were Italy ($X), Spain ($X) and Mauritania ($X), together accounting for X% of total exports.

Spain saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, reducing by -X% against the previous year. In general, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. As a result, export price reached the peak level of $X per unit, and then declined notably in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Italy ($X per unit), while the average price for exports to Niger ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Generating Sets And Rotary Converters

Imports into Algeria

In 2020, the amount of electric generating sets and rotary converters imported into Algeria surged to X units, picking up by X% on the previous year's figure. Overall, imports showed resilient growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked at X units in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters soared to $X in 2020. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2015 to 2020, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Germany (X units) were the main suppliers of imports of electric generating sets and rotary converters to Algeria, together accounting for X% of total imports. The Czech Republic, Turkey, Romania, Canada and Japan lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Romania (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric generating set and rotary converter suppliers to Algeria were China ($X), Turkey ($X) and France ($X), with a combined X% share of total imports. These countries were followed by Germany, the Czech Republic, Canada, Romania and Japan, which together accounted for a further X terms of the main suppliers, Romania recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, dropping by -X% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. The import price peaked at $X per unit in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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