Algeria: Plaster Market 2024

Plaster Market Size in Algeria

The Algerian plaster market contracted to $X in 2022, waning by -5% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.5% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plaster Production in Algeria

In value terms, plaster production declined to $X in 2022 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.3% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by 30% against the previous year. Plaster production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plaster Exports

Exports from Algeria

In 2022, after three years of growth, there was significant decline in overseas shipments of plaster, when their volume decreased by -10.4% to X tons. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 491%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, plaster exports dropped to $X in 2022. In general, exports, however, recorded a measured increase. The pace of growth was the most pronounced in 2017 with an increase of 570%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X tons), Togo (X tons) and Niger (X tons) were the main destinations of plaster exports from Algeria, together comprising 56% of total exports. Cameroon, Mauritius, Nigeria, Cote d'Ivoire, South Africa and Tunisia lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +63.7%), while the other leaders experienced more modest paces of growth.

In value terms, Benin ($X), Togo ($X) and Mauritius ($X) constituted the largest markets for plaster exported from Algeria worldwide, together accounting for 47% of total exports.

In terms of the main countries of destination, Mauritius, with a CAGR of +43.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plaster export price stood at $X per ton in 2022, approximately equating the previous year. Overall, the export price, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plaster Imports

Imports into Algeria

In 2022, approx. X tons of plaster were imported into Algeria; shrinking by -13.2% against 2021. In general, imports, however, posted a tangible increase. The pace of growth appeared the most rapid in 2019 when imports increased by 130% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, plaster imports fell to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 147% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of plaster to Algeria, with a 62% share of total imports. Moreover, plaster imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +69.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-6.1% per year) and Turkey (+5.5% per year).

In value terms, Spain ($X) constituted the largest supplier of plaster to Algeria, comprising 55% of total imports. The second position in the ranking was held by France ($X), with a 21% share of total imports. It was followed by Turkey, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +64.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.5% per year) and Turkey (+8.6% per year).

Import Prices by Country

In 2022, the average plaster import price amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61%. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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