Algeria: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Algeria

In 2021, after two years of decline, there was significant growth in the Algerian market for paint, distemper, varnish or similar brushes, paint pads and rollers, when its value increased by 29% to $X. Overall, consumption posted prominent growth. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from Algeria

In 2021, exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Algeria reduced remarkably to X units, falling by -92.7% against the year before. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 308%. The exports peaked at X units in 2020, and then contracted dramatically in the following year.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers dropped dramatically to $X in 2021. In general, exports, however, saw strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 347%. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

Cote d'Ivoire (X units) was the main destination for exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Algeria, accounting for a 89% share of total exports. Moreover, exports of paint, distemper, varnish or similar brushes, paint pads and rollers to Cote d'Ivoire exceeded the volume sent to the second major destination, Senegal (X units), more than tenfold. The third position in this ranking was held by Tunisia (X units), with a 2.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+10.6% per year) and Tunisia (+7.6% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Algeria, comprising 86% of total exports. The second position in the ranking was taken by Senegal ($X), with a 6.8% share of total exports. It was followed by Turkey, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value to Cote d'Ivoire amounted to +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (+7.8% per year) and Turkey (+7.2% per year).

Export Prices by Country

In 2021, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, increasing by 8.4% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2017 an increase of 9.6% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into Algeria

In 2021, overseas purchases of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 43% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports posted a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of 105%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 106%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to Algeria, accounting for a 53% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, Spain (X units), threefold. The third position in this ranking was taken by the UK (X units), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+45.0% per year) and the UK (+98.1% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Algeria, comprising 49% of total imports. The second position in the ranking was held by Spain ($X), with a 10% share of total imports. It was followed by the UK, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+25.6% per year) and the UK (+72.0% per year).

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, reducing by -16.4% against the previous year. Overall, the import price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 17%. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform