Algeria: Fiberboard Market 2024

Fiberboard Market Size in Algeria

The Algerian fiberboard market declined to $X in 2022, which is down by -14.9% 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, consumption, however, posted a prominent increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Fiberboard Exports

Exports from Algeria

In 2022, after ten years of growth, there was significant decline in shipments abroad of fiber board of wood or other ligneous materials, when their volume decreased by -25% to X cubic meters. In general, exports, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports attained the peak of X cubic meters, and then shrank sharply in the following year.

In value terms, fiberboard exports dropped significantly to $X in 2022. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. As a result, the exports attained the peak of $X, and then declined sharply in the following year.

Exports by Country

Turkey (X cubic meters) was the main destination for fiberboard exports from Algeria, accounting for a 94% share of total exports. Moreover, fiberboard exports to Turkey exceeded the volume sent to the second major destination, Morocco (X cubic meters), more than tenfold. The third position in this ranking was held by France (X cubic meters), with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at -28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (0.0% per year) and France (-45.5% per year).

In value terms, Turkey ($X) remains the key foreign market for fiber board of wood or other ligneous materials exports from Algeria, comprising 95% of total exports. The second position in the ranking was held by Morocco ($X), with a 2.8% share of total exports. It was followed by France, with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to -28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (0.0% per year) and France (-36.9% per year).

Export Prices by Country

In 2022, the average fiberboard export price amounted to $X per cubic meter, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 2.1% against the previous year. Over the period under review, the average export prices hit record highs at $X per cubic meter in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per cubic meter), while the average price for exports to Portugal ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.6%), while the prices for the other major destinations experienced mixed trend patterns.

Fiberboard Imports

Imports into Algeria

In 2022, after four years of growth, there was significant decline in purchases abroad of fiber board of wood or other ligneous materials, when their volume decreased by -15.9% to X cubic meters. Over the period under review, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 135%. Imports peaked at X cubic meters in 2021, and then plummeted in the following year.

In value terms, fiberboard imports fell to $X in 2022. Overall, imports, however, saw strong growth. The growth pace was the most rapid in 2018 when imports increased by 120%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced in the following year.

Imports by Country

Thailand (X cubic meters), China (X cubic meters) and Turkey (X cubic meters) were the main suppliers of fiberboard imports to Algeria, with a combined 75% share of total imports. Bulgaria, Spain, Italy and France lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +74.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and Thailand ($X) appeared to be the largest fiberboard suppliers to Algeria, with a combined 66% share of total imports. Bulgaria, Spain, Italy and France lagged somewhat behind, together comprising a further 20%.

Bulgaria, with a CAGR of +69.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fiberboard import price stood at $X per cubic meter in 2022, remaining stable against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2014 when the average import price increased by 8.5% against the previous year. As a result, import price reached the peak level of $X per cubic meter. From 2015 to 2022, the average import prices remained 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 Spain ($X per cubic meter), while the price for Thailand ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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