Algeria: Insulating Board Market 2024

Insulating Board Market Size in Algeria

The Algerian insulating board market expanded sharply to $X in 2022, growing by 6.8% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.5% against 2020 indices. Insulating board consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Insulating Board Production in Algeria

In value terms, insulating board production rose sharply to $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 49% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Insulating Board Exports

Exports from Algeria

Insulating board exports from Algeria amounted to X cubic meters in 2017, almost unchanged from the previous year's figure. In general, exports recorded a abrupt descent. The smallest decline of 99.9% was in 2014. Over the period under review, the exports reached the peak figure at X cubic meters in 2013; however, from 2014 to 2017, the exports stood at a somewhat lower figure.

In value terms, insulating board exports totaled $X in 2017. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs in 2017 and are expected to retain growth in the near future.

Exports by Country

Germany (X cubic meters) was the main destination for insulating board exports from Algeria, accounting for a approx. 100% share of total exports.

From 2013 to 2017, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2013 to 2017, the average annual rate of growth in terms of value to Germany amounted to +127.4%.

Export Prices by Country

The average insulating board export price stood at $X per cubic meter in 2017, standing approx. at the previous year. Over the period under review, the export price recorded significant growth. The growth pace was the most rapid in 2014 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the maximum in 2017 and is expected to retain growth in the near future.

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

From 2013 to 2017, the rate of growth in terms of prices for Germany amounted to +127.4% per year.

Insulating Board Imports

Imports into Algeria

In 2022, imports of insulating board into Algeria soared to X cubic meters, rising by 15% compared with the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 57%. Imports peaked at X cubic meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, insulating board imports surged to $X in 2022. In general, imports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2020 when imports increased by 56%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X cubic meters) constituted the largest insulating board supplier to Algeria, with a 86% share of total imports. Moreover, insulating board imports from France exceeded the figures recorded by the second-largest supplier, Spain (X cubic meters), tenfold. The third position in this ranking was held by Turkey (X cubic meters), with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-18.3% per year) and Turkey (-1.5% per year).

In value terms, France ($X) constituted the largest supplier of insulating board to Algeria, comprising 79% of total imports. The second position in the ranking was taken by Spain ($X), with a 12% share of total imports. It was followed by Turkey, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +31.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-5.3% per year) and Turkey (+5.3% per year).

Import Prices by Country

In 2022, the average insulating board import price amounted to $X per cubic meter, remaining constant against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insulating board import price increased by +60.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 27%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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