Algeria: Plastic Furniture Market 2024

Plastic Furniture Market Size in Algeria

The Algerian plastic furniture market expanded slightly to $X in 2021, with an increase of 1.8% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Plastic furniture consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Plastic Furniture Production in Algeria

In value terms, plastic furniture production rose markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Plastic Furniture Exports

Exports from Algeria

In 2021, exports of furniture of plastic from Algeria reduced modestly to X units, with a decrease of -2.6% against the previous year. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 501% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, plastic furniture exports expanded notably to $X in 2021. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 193% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Morocco (X units) was the main destination for plastic furniture exports from Algeria, with a 76% share of total exports. Moreover, plastic furniture exports to Morocco exceeded the volume sent to the second major destination, Tunisia (X units), fivefold. The United Arab Emirates (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Morocco totaled +62.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+109.5% per year) and the United Arab Emirates (+97.5% per year).

In value terms, Morocco ($X), the United Arab Emirates ($X) and Jordan ($X) were the largest markets for plastic furniture exported from Algeria worldwide, together accounting for 93% of total exports.

The United Arab Emirates, with a CAGR of +102.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plastic furniture export price amounted to $X per unit, growing by 12% against the previous year. Over the period under review, the export price showed slight growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 99% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Tunisia ($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 the United Arab Emirates (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Furniture Imports

Imports into Algeria

In 2021, overseas purchases of furniture of plastic decreased by -47.2% to X units, falling for the third year in a row after seven years of growth. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when imports increased by 49% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, plastic furniture imports declined significantly to $X in 2021. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 23% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest plastic furniture supplier to Algeria, with a 67% share of total imports. Moreover, plastic furniture imports from China exceeded the figures recorded by the second-largest supplier, France (X units), eightfold. The third position in this ranking was taken by Turkey (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+36.2% per year) and Turkey (-9.5% per year).

In value terms, China ($X) constituted the largest supplier of plastic furniture to Algeria, comprising 47% of total imports. The second position in the ranking was taken by Portugal ($X), with a 13% share of total imports. It was followed by Tunisia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+105.6% per year) and Tunisia (+40.7% per year).

Import Prices by Country

In 2021, the average plastic furniture import price amounted to $X per unit, rising by 3.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 an increase of 18%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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