Algeria: Packaging Materials Market 2024

Packaging Materials Market Size in Algeria

The Algerian packaging materials market shrank to $X in 2022, reducing by -11.1% against the previous year. Over the period under review, consumption, however, saw buoyant growth. Packaging materials consumption peaked at $X in 2021, and then fell in the following year.

Packaging Materials Production in Algeria

In value terms, packaging materials production totaled $X in 2022 estimated in export price. Overall, production posted modest growth. The most prominent rate of growth was recorded in 2013 with an increase of 89%. Packaging materials production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Packaging Materials Exports

Exports from Algeria

In 2022, the amount of packaging materials exported from Algeria reduced dramatically to X tons, which is down by -21.2% compared with the year before. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 168%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, packaging materials exports shrank sharply to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 238%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tunisia (X tons) was the main destination for packaging materials exports from Algeria, accounting for a 75% share of total exports. Moreover, packaging materials exports to Tunisia exceeded the volume sent to the second major destination, Nigeria (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Tunisia totaled +23.1%.

In value terms, Tunisia ($X) remains the key foreign market for packaging materials exports from Algeria, comprising 85% of total exports. The second position in the ranking was held by Nigeria ($X), with a 6.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia amounted to +30.8%.

Export Prices by Country

In 2022, the average packaging materials export price amounted to $X per ton, stabilizing at the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, packaging materials export price increased by +88.6% against 2016 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 81%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Nigeria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+27.0%), while the prices for the other major destinations experienced mixed trend patterns.

Packaging Materials Imports

Imports into Algeria

Packaging materials imports into Algeria reduced to X tons in 2022, with a decrease of -4.2% against the previous year. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 107%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, packaging materials imports fell to $X in 2022. In general, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 77%. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest packaging materials supplier to Algeria, accounting for a 17% share of total imports. Moreover, packaging materials imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. The third position in this ranking was held by Austria (X tons), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+2.8% per year) and Austria (-3.3% per year).

In value terms, Spain ($X) constituted the largest supplier of packaging materials to Algeria, comprising 14% of total imports. The second position in the ranking was taken by France ($X), with a 6.5% share of total imports. It was followed by Germany, with a 3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.0% per year) and Germany (+0.3% per year).

Import Prices by Country

The average packaging materials import price stood at $X per ton in 2022, waning by -8.7% against the previous year. In general, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2021 an increase of 23% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 France ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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