Algeria: Non-Enclosed Loudspeakers Market 2024

Non-Enclosed Loudspeakers Market Size in Algeria

The Algerian non-enclosed loudspeakers market skyrocketed to $X in 2021, surging by 95% 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). Over the period under review, consumption, however, continues to indicate a perceptible descent. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Non-Enclosed Loudspeakers Exports

Exports from Algeria

In 2021, approx. X units of loudspeakers (not in enclosure) were exported from Algeria; waning by -44.3% on the previous year's figure. Overall, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 1,420%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-enclosed loudspeakers exports soared to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 102% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units) was the main destination for non-enclosed loudspeakers exports from Algeria, with a 73% share of total exports. Moreover, non-enclosed loudspeakers exports to Ghana exceeded the volume sent to the second major destination, Niger (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Ghana totaled +22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (-7.7% per year) and China (0.0% per year).

In value terms, the largest markets for non-enclosed loudspeakers exported from Algeria were China ($X), France ($X) and Niger ($X), together accounting for 88% of total exports. These countries were followed by Ghana, which accounted for a further 10%.

Among the main countries of destination, Ghana, with a CAGR of +26.0%, saw the highest rates of growth with regard to 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

In 2021, the average non-enclosed loudspeakers export price amounted to $X per unit, rising by 203% against the previous year. Over the period under review, the export price, however, faced a deep reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 5,213% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+42,640.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports

Imports into Algeria

In 2021, the amount of loudspeakers (not in enclosure) imported into Algeria skyrocketed to X units, rising by 128% on 2020 figures. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 218% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, non-enclosed loudspeakers imports soared to $X in 2021. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 95%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest supplier of non-enclosed loudspeakers to Algeria, with a 59% share of total imports. Moreover, non-enclosed loudspeakers imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from the United Arab Emirates totaled +13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.6% per year) and the Netherlands (+145.4% per year).

In value terms, the largest non-enclosed loudspeakers suppliers to Algeria were China ($X), the Netherlands ($X) and the United Arab Emirates ($X), together comprising 65% of total imports.

The Netherlands, with a CAGR of +97.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average non-enclosed loudspeakers import price amounted to $X per unit, waning by -26.3% against the previous year. In general, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 82% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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