Algeria: Lamp Holder Market 2024

Lamp Holder Market Size in Algeria

In 2022, the Algerian lamp holder market was finally on the rise to reach $X after three years of decline. The market value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Lamp Holder Production in Algeria

In value terms, lamp holder production declined slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 104% against the previous year. Lamp holder production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Algeria

In 2022, exports of lamp holders, plugs and sockets from Algeria skyrocketed to X tons, with an increase of 55% on the previous year's figure. Overall, exports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 593%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, lamp holder exports skyrocketed to $X in 2022. In general, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 402%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Benin (X tons), Cameroon (X kg) and Niger (X kg) were the main destinations of lamp holder exports from Algeria, together accounting for 2.7% of total exports. Russia, Tunisia, Mali, Burkina Faso, Mauritania and Senegal lagged somewhat behind, together comprising a further 1.5%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +40.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Russia ($X) remains the key foreign market for lamp holders, plugs and sockets exports from Algeria, comprising 147% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 56% share of total exports. It was followed by Benin, with a 46% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +56.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+8.0% per year) and Benin (-18.3% per year).

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, with an increase of 58% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 104%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Mali ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Algeria

In 2022, after two years of decline, there was significant growth in overseas purchases of lamp holders, plugs and sockets, when their volume increased by 7.3% to X tons. Over the period under review, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of 14%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lamp holder imports reduced to $X in 2022. Overall, imports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 39% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Turkey (X tons) and Spain (X tons) were the main suppliers of lamp holder imports to Algeria, with a combined 2.2% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +21.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and France ($X) appeared to be the largest lamp holder suppliers to Algeria.

Egypt, with a CAGR of +17.9%, saw the highest growth rate of 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 lamp holder import price stood at $X per ton in 2021, surging by 25% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 36%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+20.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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