Algeria: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Algeria

The Algerian market for other plastic tubes, pipes and hoses totaled $X in 2022, remaining relatively unchanged 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, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.2% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Algeria

In 2022, overseas shipments of other plastic tubes, pipes and hoses decreased by -30.1% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 72% against the previous year. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, exports of other plastic tubes, pipes and hoses contracted sharply to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 90% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Morocco (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Algeria, with a 95% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to Morocco exceeded the volume sent to the second major destination, Portugal (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Morocco totaled +32.9%.

In value terms, Morocco ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Algeria, comprising 86% of total exports. The second position in the ranking was taken by Portugal ($X), with a 4.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Morocco amounted to +43.5%.

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, picking up by 17% against the previous year. Overall, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 85% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to Morocco stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+27.5%).

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Algeria

Imports of other plastic tubes, pipes and hoses into Algeria rose slightly to X tons in 2022, growing by 1.9% compared with the previous year. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.1% against 2020 indices. The growth pace was the most rapid in 2013 when imports increased by 52% against the previous year. Over the period under review, imports of hit record highs at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of other plastic tubes, pipes and hoses reduced to $X in 2022. Overall, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. Over the period under review, imports of reached the maximum at $X in 2021, and then reduced modestly in the following year.

Imports by Country

Turkey (X tons), Italy (X tons) and China (X tons) were the main suppliers of imports of other plastic tubes, pipes and hoses to Algeria, together accounting for 62% of total imports. Tunisia, Belgium, Spain and Germany lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +62.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other plastic tubes, pipes and hoses suppliers to Algeria were Italy ($X), China ($X) and Turkey ($X), with a combined 57% share of total imports. Belgium, Tunisia, Germany and Spain lagged somewhat behind, together accounting for a further 31%.

In terms of the main suppliers, Belgium, with a CAGR of +34.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, waning by -1.9% against the previous year. Over the period under review, the import price saw a slight descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 35% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($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 (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :