Algeria: Modelling Pastes Market 2024

Modelling Pastes Market Size in Algeria

The Algerian modelling pastes market reached $X in 2021, rising by 14% 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 continues to indicate a prominent increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see steady growth in the immediate term.

Modelling Pastes Exports

Exports from Algeria

After two years of decline, overseas shipments of modelling pastes, dental wax and dental impression compounds increased by 237% to X kg in 2021. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 5,600%. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, modelling pastes exports soared to $X in 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2014 when exports increased by 7,600% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg), Turkey (X kg) and Hungary (X kg) were the main destinations of modelling pastes exports from Algeria, with a combined 87% share of total exports. These countries were followed by China, which accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +266.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) emerged as the key foreign market for modelling pastes, dental wax and dental impression compounds exports from Algeria, comprising 70% of total exports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total exports. It was followed by Hungary, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (0.0% per year) and Hungary (0.0% per year).

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, with an increase of 179% against the previous year. In general, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per ton), while the average price for exports to China ($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 France (+22.3%).

Modelling Pastes Imports

Imports into Algeria

In 2021, purchases abroad of modelling pastes, dental wax and dental impression compounds increased by 5.6% to X tons, rising for the third consecutive year after two years of decline. In general, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 69% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, modelling pastes imports skyrocketed to $X in 2021. Overall, imports showed a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 60%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest modelling pastes supplier to Algeria, accounting for a 44% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+39.1% per year) and Italy (+26.5% per year).

In value terms, the largest modelling pastes suppliers to Algeria were China ($X), Italy ($X) and the UK ($X), together comprising 60% of total imports. Thailand, France and Spain lagged somewhat behind, together comprising a further 6.9%.

Thailand, with a CAGR of +26.1%, saw the highest growth rate of 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 modelling pastes import price amounted to $X per ton, rising by 11% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, modelling pastes import price increased by +96.9% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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