Algeria: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2025

Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Algeria

The Algerian fuel or lubricating pump market surged to $X in 2021, rising by 79% 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 posted a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Exports from Algeria

After two years of decline, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines increased by 993% to X units in 2021. Over the period under review, exports showed a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 2,090%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, fuel or lubricating pump exports surged to $X in 2021. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Canada (X units) and Argentina (X units) were the main destinations of fuel or lubricating pump exports from Algeria, together accounting for 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +106.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for fuel, lubricating or cooling-medium pumps for internal combustion engines exports from Algeria, comprising 41% of total exports. The second position in the ranking was held by Canada ($X), with a 4.5% share of total exports. It was followed by Argentina, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +161.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+138.4% per year) and Argentina (+135.8% per year).

Export Prices by Country

The average fuel or lubricating pump export price stood at $X per unit in 2021, rising by 179% against the previous year. In general, the export price showed pronounced growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Imports into Algeria

Fuel or lubricating pump imports into Algeria surged to X units in 2021, increasing by 29% compared with 2020 figures. In general, imports posted a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 80% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, fuel or lubricating pump imports soared to $X in 2021. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest fuel or lubricating pump supplier to Algeria, accounting for a 24% share of total imports. Moreover, fuel or lubricating pump imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), threefold. Spain (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+13.2% per year) and Spain (+27.4% per year).

In value terms, Russia ($X), China ($X) and France ($X) were the largest fuel or lubricating pump suppliers to Algeria, together comprising 38% of total imports.

Russia, with a CAGR of +77.6%, recorded the highest rates of growth with regard to the value of imports, among 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 fuel or lubricating pump import price stood at $X per unit in 2021, growing by 59% against the previous year. Overall, the import price recorded a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Russia ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :