Algeria: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Algeria

The Algerian LCDs and plasmas market declined modestly to $X in 2022, which is down by -4.5% against the previous year. Overall, consumption recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 8%. Consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lcds And Plasmas Production in Algeria

In value terms, LCDs and plasmas production declined to $X in 2022 estimated in export price. Overall, production recorded a perceptible curtailment. The growth pace was the most rapid in 2021 when the production volume increased by 8%. Production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Lcds And Plasmas Exports

Exports from Algeria

After two years of growth, shipments abroad of flat panel video monitor, lcd or plasma decreased by -11.4% to X units in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 3,025%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, LCDs and plasmas exports expanded sharply to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 18,858%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for LCDs and plasmas exports from Algeria, with a 49% share of total exports. Moreover, LCDs and plasmas exports to Russia exceeded the volume sent to the second major destination, Italy (X units), threefold. Spain (X units) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +43.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+30.2% per year) and Spain (+28.2% per year).

In value terms, Italy ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Algeria, comprising 44% of total exports. The second position in the ranking was taken by Russia ($X), with a 9.2% share of total exports. It was followed by Germany, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy stood at +61.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+167.2% per year) and Germany (-0.1% per year).

Export Prices by Country

In 2022, the average LCDs and plasmas export price amounted to $X per unit, growing by 26% against the previous year. Over the period under review, the export price showed a significant expansion. The pace of growth was the most pronounced in 2017 an increase of 3,044%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+85.7%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Algeria

In 2022, the amount of flat panel video monitor, lcd or plasma imported into Algeria contracted markedly to X units, declining by -32.8% compared with the previous year. In general, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 147% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, LCDs and plasmas imports declined to $X in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by 69%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest LCDs and plasmas supplier to Algeria, with a 41% share of total imports. Moreover, LCDs and plasmas imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold. The third position in this ranking was held by France (X units), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+5.7% per year) and France (-1.2% per year).

In value terms, China ($X), France ($X) and Egypt ($X) appeared to be the largest LCDs and plasmas suppliers to Algeria, together accounting for 32% of total imports.

Among the main suppliers, Egypt, with a CAGR of +31.7%, 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 a decline.

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, increasing by 39% against the previous year. In general, the import price, however, saw a slight descent. The pace of growth was the most pronounced in 2014 when the average import price increased by 60% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Egypt ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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