Report Update Nov 1, 2024

Algeria - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Algeria

The Algerian lathe for removing metal market soared to $X in 2021, increasing by 16% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Exports of Lathes For Removing Metal

Exports from Algeria

In 2021, after two years of decline, there was decline in overseas shipments of lathes for removing metal, when their volume decreased by 0% to X units. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, lathe for removing metal exports amounted to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Italy (X units) was the main destination for lathe for removing metal exports from Algeria, accounting for a approx. 50% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Italy was relatively modest.

From 2018 to 2021, the average annual growth rate of value to Italy was relatively modest.

Export Prices by Country

The average lathe for removing metal export price stood at $X per unit in 2021, approximately mirroring the previous year. Over the period under review, the export price faced a dramatic curtailment. The most prominent rate of growth was recorded in 2019 a decrease of 99.9%. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2018 to 2021, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

Imports of Lathes For Removing Metal

Imports into Algeria

Lathe for removing metal imports into Algeria skyrocketed to X units in 2021, rising by 24% on the previous year's figure. Over the period under review, imports recorded notable growth. The growth pace was the most rapid in 2019 with an increase of 79% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, lathe for removing metal imports rose sharply to $X in 2021. In general, imports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 76% against the previous year. Over the period under review, lafor removing metal imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of lathe for removing metal to Algeria, accounting for a 45% share of total imports. Moreover, lathe for removing metal imports from China exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. Turkey (X units) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+20.9% per year) and Turkey (-3.9% per year).

In value terms, the largest lathe for removing metal suppliers to Algeria were Japan ($X), France ($X) and Germany ($X), together comprising 53% of total imports. China, Poland, South Korea, Turkey, Taiwan (Chinese), the United States, Slovakia and the United Arab Emirates lagged somewhat behind, together comprising a further 16%.

Among the main suppliers, South Korea, with a CAGR of +55.2%, 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 lathe for removing metal import price stood at $X per unit in 2021, waning by -13.7% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 54% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+5.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lathes for removing metal in the world?

South Africa constituted the country with the largest volume of lathe for removing metal consumption, comprising approx. 35% of total volume. Moreover, lathe for removing metal consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, twofold. The third position in this ranking was occupied by China, with a 7.3% share.

What are the largest producers of lathes for removing metal in the world?

The countries with the highest volumes of lathe for removing metal production in 2021 were Japan, China and India, together accounting for 64% of global production.

What are the leading suppliers of lathes for removing metal to Algeria?

In value terms, Germany constituted the largest supplier of lathe for removing metal to Algeria, comprising 50% of total imports. The second position in the ranking was occupied by France, with a 14% share of total imports. It was followed by China, with a 9.2% share.

What is the average export price for lathes for removing metal in Algeria?

In 2021, the average lathe for removing metal export price amounted to $3,483 per unit, approximately reflecting the previous year.

What is the average import price for lathes for removing metal in Algeria?

In 2021, the average lathe for removing metal import price amounted to $99,606 per unit, with a decrease of -28.4% against the previous year.

This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

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