Algeria: Market for Non-Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Drilling Machines For Working Metal in Algeria

For the third consecutive year, the Algerian non-numerically controlled drilling machine market recorded decline in sales value, which decreased by -74.8% to $X in 2021. Overall, consumption recorded a abrupt decline. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Non-Numerically Controlled Drilling Machines For Working Metal

Exports from Algeria

In 2021, overseas shipments of non-numerically controlled drilling machines for working metal increased by 158% to X tons, rising for the seventh year in a row after two years of decline. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 390% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, non-numerically controlled drilling machine exports surged to $X in 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2019 with an increase of 328%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Italy (X tons) was the main destination for non-numerically controlled drilling machine exports from Algeria, accounting for a 42% share of total exports. Moreover, non-numerically controlled drilling machine exports to Italy exceeded the volume sent to the second major destination, Portugal (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to Italy was relatively modest.

In value terms, Portugal ($X) and Italy ($X) constituted the largest markets for non-numerically controlled drilling machine exported from Algeria worldwide.

In terms of the main countries of destination, Portugal, with a CAGR of +11.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average non-numerically controlled drilling machine export price stood at $X per ton in 2021, reducing by -49.6% against the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Portugal ($X per ton), while the average price for exports to Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-14.1%).

Imports of Non-Numerically Controlled Drilling Machines For Working Metal

Imports into Algeria

For the third consecutive year, Algeria recorded decline in purchases abroad of non-numerically controlled drilling machines for working metal, which decreased by -72.3% to X tons in 2021. Overall, imports showed a deep setback. The growth pace was the most rapid in 2018 when imports increased by 280% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, non-numerically controlled drilling machine imports declined dramatically to $X in 2021. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2013 when imports increased by 268% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), the Czech Republic (X tons) and the Netherlands (X tons) were the main suppliers of non-numerically controlled drilling machine imports to Algeria, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +63.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Czech Republic ($X) constituted the largest supplier of non-numerically controlled drilling machines for working metal to Algeria, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by Germany, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic totaled +27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-11.5% per year) and Germany (-9.7% per year).

Import Prices by Country

In 2021, the average non-numerically controlled drilling machine import price amounted to $X per ton, rising by 14% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-numerically controlled drilling machine import price decreased by -45.6% against 2017 indices. The pace of growth was the most pronounced in 2013 an increase of 56% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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