Algeria: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Algeria

For the third consecutive year, the Algerian market for medicaments of alkaloids or derivatives thereof recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption enjoyed a prominent expansion. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Algeria

Exports of medicaments of alkaloids or derivatives thereof from Algeria soared to X tons in 2021, increasing by X% compared with the previous year. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of medicaments of alkaloids or derivatives thereof soared to $X in 2021. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for exports of medicaments of alkaloids or derivatives thereof from Algeria, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire stood at +X%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for medicaments of alkaloids or derivatives thereof exports from Algeria.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +X%.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, reducing by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. The export price peaked at $X per ton in 2016; however, from 2017 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 Cote d'Ivoire.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +X% per year.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Algeria

For the sixth consecutive year, Algeria recorded growth in purchases abroad of medicaments of alkaloids or derivatives thereof, which increased by X% to X tons in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of medicaments of alkaloids or derivatives thereof expanded markedly to $X in 2021. Overall, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Algeria, accounting for a X% share of total imports. Moreover, imports of medicaments of alkaloids or derivatives thereof from France exceeded the figures recorded by the second-largest supplier, Serbia (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Serbia (+X% per year) and Italy (+X% per year).

In value terms, the largest medicaments of alkaloids or derivatives thereof suppliers to Algeria were Italy ($X), France ($X) and Serbia ($X), together comprising X% of total imports.

Italy, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for medicaments of alkaloids or derivatives thereof amounted to $X per ton, shrinking by -X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for medicaments of alkaloids or derivatives thereof decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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