Algeria: Market for Plastic Plates, Sheets, Film, Foil And Strip 2024

Market Size for Plastic Plates, Sheets, Film, Foil And Strip in Algeria

In 2021, after three years of decline, there was significant growth in the Algerian market for plastic plates, sheets, film, foil and strip, when its value increased by 79% to $X. Overall, the total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Plastic Plates, Sheets, Film, Foil And Strip

Exports from Algeria

After three years of growth, shipments abroad of plastic plates, sheets, film, foil and strip decreased by -50.6% to X tons in 2021. In general, exports, however, saw a modest increase. The most prominent rate of growth was recorded in 2016 when exports increased by 156%. The exports peaked at X tons in 2020, and then contracted sharply in the following year.

In value terms, exports of plastic plates, sheets, film, foil and strip declined remarkably to $X in 2021. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 73%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Senegal (X tons) and France (X tons) were the main destinations of exports of plastic plates, sheets, film, foil and strip from Algeria, with a combined 61% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +153.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), China ($X) and France ($X) were the largest markets for plastic plate, sheet, film, foil and strip exported from Algeria worldwide, together comprising 56% of total exports.

Among the main countries of destination, China, with a CAGR of +153.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, increasing by 63% against the previous year. Over the period under review, the export price, however, saw a deep setback. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United Arab Emirates ($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 Senegal (+5.1%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Plates, Sheets, Film, Foil And Strip

Imports into Algeria

In 2021, overseas purchases of plastic plates, sheets, film, foil and strip increased by 40% to X tons for the first time since 2017, thus ending a three-year declining trend. The total import volume increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of plastic plates, sheets, film, foil and strip skyrocketed to $X in 2021. Over the period under review, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of plastic plate, sheet, film, foil and strip to Algeria, accounting for a 27% share of total imports. Moreover, imports of plastic plates, sheets, film, foil and strip from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.2% per year) and China (+2.8% per year).

In value terms, the largest plastic plate, sheet, film, foil and strip suppliers to Algeria were Saudi Arabia ($X), Italy ($X) and France ($X), together accounting for 43% of total imports. China, Germany, Spain, Turkey, Tunisia, Qatar, Egypt, the United Arab Emirates, Bulgaria and Belgium lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Qatar, with a CAGR of +25.4%, recorded the highest rates of growth with regard to 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 plastic plates, sheets, film, foil and strip stood at $X per ton in 2021, growing by 35% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for the United Arab Emirates ($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 (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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