Algeria: Petroleum Market 2020

Petroleum Market Size in Algeria

The revenue of the petroleum market in Algeria amounted to $X in 2017, picking up by X% against the previous year. In general, petroleum consumption continues to indicate an abrupt slump. The pace of growth appeared the most rapid in 2017, when it surged by X% year-to-year. Algeria petroleum consumption peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Petroleum Production in Algeria

Petroleum production in Algeria totaled X tons in 2017, falling by -X% against the previous year. Overall, petroleum production continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. Algeria petroleum production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Petroleum Exports from Algeria

In 2017, approx. X tons of petroleum were exported from Algeria; dropping by -X% against the previous year. In general, petroleum exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. In that year, the petroleum exports reached their peak volume of X tons. From 2015 to 2017, growth of the petroleum exports failed to regain its momentum.

In value terms, petroleum exports amounted to $X in 2017. Overall, petroleum exports continue to indicate a modest expansion. Over the period under review, the petroleum exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Petroleum Exports by Country from Algeria

In 2017, the U.S. (X tons), followed by Russia (X tons), Singapore (X tons), the Netherlands (X tons), South Korea (X tons) and India (X tons) represented the main exporters of petroleum, together making up X% of total exports. The following exporters - China (X tons), Belgium (X tons), Saudi Arabia (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Russia ($X) and Singapore ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports.

The U.S. (+X% per year) experienced the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in Algeria

The petroleum export price in Algeria stood at $X per ton in 2017, picking up by X% against the previous year. Overall, the export price indicated a slight expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the export prices for petroleum reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the United Arab Emirates ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into Algeria

In 2017, petroleum imports into Algeria amounted to X tons, reducing by -X% against the previous year. In general, petroleum imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2012, with an increase of -X% y-o-y. Algeria imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, petroleum imports stood at $X in 2017. In general, petroleum imports continue to indicate a skyrocketing expansion. Algeria imports peaked in 2017, and are likely to see steady growth in the immediate term.

Petroleum Imports by Country into Algeria

The U.S. (X tons) and Singapore (X tons) represented roughly X% of total imports of petroleum in 2017. It was followed by the Netherlands (X tons), achieving X% share of total imports. Mexico (X tons), Belgium (X tons), Germany (X tons), Malaysia (X tons), France (X tons), China (X tons), the UK (X tons), Indonesia (X tons) and Canada (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Singapore ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China, Canada and Algeria, which together accounted for a further X%.

Among the main importing countries , Algeria (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in Algeria

In 2017, the petroleum import price in Algeria amounted to $X per ton, growing by X% against the previous year. In general, petroleum import price continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the import prices for petroleum reached their peak level, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per ton) and Germany ($X per ton), while China ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform