Algeria: Nail And Bolt Market 2025

Nail And Bolt Market Size in Algeria

In 2021, after two years of decline, there was significant growth in the Algerian nail and bolt market, when its value increased by 5.6% to $X. Overall, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.4% against 2016 indices. Nail and bolt consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Nail And Bolt Production in Algeria

In value terms, nail and bolt production reduced notably to $X in 2021 estimated in export price. Overall, production faced a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 143%. Nail and bolt production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Nail And Bolt Exports

Exports from Algeria

In 2021, exports of nails, tacks, staples, screws and bolts from Algeria totaled X tons, with an increase of 3.7% on the previous year. Over the period under review, exports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 294%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, nail and bolt exports skyrocketed to $X in 2021. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for nail and bolt exports from Algeria, with a 40% share of total exports. Moreover, nail and bolt exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Romania (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled +63.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+141.8% per year) and Russia (+148.7% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for nails, tacks, staples, screws and bolts exports from Algeria, comprising 48% of total exports. The second position in the ranking was taken by Romania ($X), with a 15% share of total exports. It was followed by Italy, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire amounted to +88.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (+129.0% per year) and Italy (+64.9% per year).

Export Prices by Country

In 2021, the average nail and bolt export price amounted to $X per ton, increasing by 324% against the previous year. Over the period under review, the export price recorded a temperate increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Niger ($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 Cote d'Ivoire (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Nail And Bolt Imports

Imports into Algeria

For the third year in a row, Algeria recorded decline in supplies from abroad of nails, tacks, staples, screws and bolts, which decreased by -14.6% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 53% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, nail and bolt imports rose markedly to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -32.1% against 2016 indices. The pace of growth appeared the most rapid in 2014 with an increase of 49%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest nail and bolt supplier to Algeria, accounting for a 72% share of total imports. Moreover, nail and bolt imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.1% per year) and the United Arab Emirates (+25.5% per year).

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Algeria, comprising 59% of total imports. The second position in the ranking was held by Italy ($X), with a 7% share of total imports. It was followed by France, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.2% per year) and France (-3.9% per year).

Import Prices by Country

The average nail and bolt import price stood at $X per ton in 2021, surging by 25% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Taiwan (Chinese) ($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 (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :