Report Update Nov 1, 2024

Algeria - Heat Pumps (Other Than Air Conditioning Machines) - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Heat Pump Market 2024

Heat Pump Market Size in Algeria

In 2021, the Algerian heat pump market increased by 10% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a abrupt setback. Heat pump consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Heat Pump Exports

Exports from Algeria

In 2013, approx. X units of heat pumps (other than air conditioning machines) were exported from Algeria; flattening at 2012 figures. In general, exports saw a relatively flat trend pattern. The exports peaked in 2013 and are expected to retain growth in the immediate term.

In value terms, heat pump exports contracted dramatically to $X in 2013. Over the period under review, exports showed a sharp descent. The exports peaked at $X in 2012, and then dropped significantly in the following year.

Exports by Country

Egypt (X units) was the main destination for heat pump exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2013, the average annual rate of growth in terms of volume to Egypt was relatively modest.

In value terms, Egypt ($X) emerged as the key foreign market for heat pumps (other than air conditioning machines) exports from Algeria.

From 2012 to 2013, the average annual growth rate of value to Egypt was relatively modest.

Export Prices by Country

The average heat pump export price stood at $X per unit in 2013, shrinking by -20% against the previous year. Overall, the export price faced a sharp decline. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012, and then fell significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2013, the rate of growth in terms of prices for Egypt amounted to 0.0% per year.

Heat Pump Imports

Imports into Algeria

In 2021, purchases abroad of heat pumps (other than air conditioning machines) increased by 13% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 60%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, heat pump imports rose significantly to $X in 2021. Overall, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 86%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X units), the Czech Republic (X units) and France (X units) were the main suppliers of heat pump imports to Algeria, together comprising 67% of total imports. These countries were followed by Japan, Tajikistan, Ireland, China and India, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +36.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Japan ($X) and the Czech Republic ($X) constituted the largest heat pump suppliers to Algeria, together accounting for 79% of total imports. Ireland, France, India, China and Tajikistan lagged somewhat behind, together comprising a further 42%.

In terms of the main suppliers, Tajikistan, with a CAGR of +34.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average heat pump import price stood at $X per unit in 2021, falling by -3.1% against the previous year. Over the period under review, the import price saw a slight reduction. The pace of growth appeared the most rapid in 2017 an increase of 16%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for heat pumps (other than air conditioning machines) in the world?

The countries with the highest volumes of heat pump consumption in 2020 were China, the United States and India, together accounting for 46% of global consumption. These countries were followed by Japan, Indonesia, Mexico, Canada, Germany, Democratic Republic of the Congo, South Korea, France, Thailand and Italy, which together accounted for a further 30%.

What are the largest producers of heat pumps (other than air conditioning machines) in the world?

The country with the largest volume of heat pump production was China, comprising approx. 30% of total volume. Moreover, heat pump production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of heat pumps (other than air conditioning machines) to Algeria?

In value terms, Italy, the Czech Republic and Japan appeared to be the largest heat pump suppliers to Algeria, together accounting for 56% of total imports.

What is the average export price for heat pumps (other than air conditioning machines) in Algeria?

The average heat pump export price stood at $2,170 per unit in 2013, reducing by -20% against the previous year.

What is the average import price for heat pumps (other than air conditioning machines) in Algeria?

In 2020, the average heat pump import price amounted to $1,239 per unit, reducing by -25.4% against the previous year.

This report provides an in-depth analysis of the heat pump market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28251380 - Heat pumps other than air conditioning machines of HS

Country coverage:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023