Algeria: Electrical Fuse Market 2025

Electrical Fuse Market Size in Algeria

In 2021, the Algerian electrical fuse market increased by 2.5% to $X, rising for the third year in a row after two years of decline. Overall, consumption recorded a abrupt shrinkage. Electrical fuse consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Electrical Fuse Exports

Exports from Algeria

In 2021, the amount of electrical fuses exported from Algeria skyrocketed to X kg, picking up by 78% compared with the previous year's figure. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 8,700%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, electrical fuse exports dropped markedly to $X in 2021. In general, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 14,673%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for electrical fuse exports from Algeria, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Spain stood at +17.1%.

In value terms, Spain ($X) also remains the key foreign market for electrical fuses exports from Algeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at +5.4%.

Export Prices by Country

In 2021, the average electrical fuse export price amounted to $X per ton, falling by -78.5% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 325% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -10.0% per year.

Electrical Fuse Imports

Imports into Algeria

After two years of growth, purchases abroad of electrical fuses decreased by -5.7% to X tons in 2021. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 95% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, electrical fuse imports totaled $X in 2021. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of 34%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) constituted the largest electrical fuse supplier to Algeria, with a 51% share of total imports. Moreover, electrical fuse imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+6.6% per year) and Turkey (+27.8% per year).

In value terms, the largest electrical fuse suppliers to Algeria were Italy ($X), Spain ($X) and Turkey ($X), with a combined 61% share of total imports. China, Morocco and France lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, Morocco, with a CAGR of +50.0%, recorded the highest growth rate of 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

The average electrical fuse import price stood at $X per ton in 2021, rising by 14% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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