Algeria: Mannequin Market 2024

Mannequin Market Size in Algeria

The Algerian mannequin market shrank remarkably to $X in 2022, waning by -24.3% 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 recorded a mild descent. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Mannequin Exports

Exports from Algeria

In 2022, overseas shipments of mannequins increased by 22% to X kg, rising for the fourth consecutive year after three years of decline. Over the period under review, exports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 71%. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mannequin exports reduced to $X in 2022. Overall, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 97%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Senegal (X kg), Mauritania (X kg) and Mali (X kg) were the main destinations of mannequin exports from Algeria, together comprising 66% of total exports. The UK, Cameroon, Tunisia, Germany, the United Arab Emirates, Belgium, Cuba, Niger and France lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +11.6%), while the other leaders experienced a decline.

In value terms, the UK ($X), Belgium ($X) and Mauritania ($X) were the largest markets for mannequin exported from Algeria worldwide, with a combined 69% share of total exports.

Among the main countries of destination, Belgium, with a CAGR of +8.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average mannequin export price amounted to $X per ton, shrinking by -26.8% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mannequin export price decreased by -26.9% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 21%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Cameroon ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+40.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mannequin Imports

Imports into Algeria

In 2022, the amount of mannequins imported into Algeria fell dramatically to X tons, shrinking by -28.6% compared with the year before. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2018 with an increase of 176% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mannequin imports fell rapidly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 229% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of mannequin to Algeria, with a 59% share of total imports. Moreover, mannequin imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. Russia (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at +29.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.5% per year) and Russia (-10.2% per year).

In value terms, the largest mannequin suppliers to Algeria were Russia ($X), France ($X) and the UK ($X), together comprising 86% of total imports.

France, with a CAGR of +25.8%, 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 mannequin import price stood at $X per ton in 2022, growing by 8.5% against the previous year. Over the period under review, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 51%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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