Algeria: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Algeria

After three years of decline, the Algerian market for plastic hoses and hose fittings increased by 109% to $X in 2021. In general, consumption showed resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Hoses and Hose Fittings

Exports from Algeria

In 2021, overseas shipments of plastic hoses and hose fittings decreased by -4.5% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 1,090%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, plastic hose and hose fitting exports skyrocketed to $X in 2021. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 595%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Mauritania (X tons) was the main destination for plastic hose and hose fitting exports from Algeria, with a 83% share of total exports. Moreover, plastic hose and hose fitting exports to Mauritania exceeded the volume sent to the second major destination, Turkey (X tons), sevenfold. The third position in this ranking was held by Morocco (X kg), with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mauritania amounted to -22.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+78.8% per year) and Morocco (-9.9% per year).

In value terms, Turkey ($X) emerged as the key foreign market for plastic hoses and hose fittings exports from Algeria, comprising 69% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 25% share of total exports. It was followed by Morocco, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +70.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritania (-4.4% per year) and Morocco (+5.1% per year).

Export Prices by Country

The average export price for plastic hoses and hose fittings stood at $X per ton in 2021, growing by 197% against the previous year. Overall, the export price saw temperate growth. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into Algeria

After three years of decline, purchases abroad of plastic hoses and hose fittings increased by 92% to X tons in 2021. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports skyrocketed to $X in 2021. In general, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Italy (X tons) constituted the largest supplier of plastic hose and hose fitting to Algeria, accounting for a 21% share of total imports. Moreover, plastic hose and hose fitting imports from Italy exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Turkey (X tons), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.2% per year) and Turkey (+13.7% per year).

In value terms, Italy ($X) constituted the largest supplier of plastic hoses and hose fittings to Algeria, comprising 18% of total imports. The second position in the ranking was taken by China ($X), with a 7.9% share of total imports. It was followed by Belgium, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.9% per year) and Belgium (-0.7% per year).

Import Prices by Country

The average import price for plastic hoses and hose fittings stood at $X per ton in 2021, increasing by 9.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 9.9%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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