Algeria: Plastic Bag Market 2024

Plastic Bag Market Size in Algeria

The Algerian plastic bag market fell slightly to $X in 2022, reducing by -2% against the previous year. Over the period under review, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Plastic Bag Production in Algeria

In value terms, plastic bag production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 63% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Plastic Bag Exports

Exports from Algeria

After two years of growth, overseas shipments of plastic sacks and bags decreased by -8.1% to X tons in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of 751%. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, plastic bag exports rose to $X in 2022. In general, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 1,104% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X tons) was the main destination for plastic bag exports from Algeria, with a 70% share of total exports. Moreover, plastic bag exports to Niger exceeded the volume sent to the second major destination, Tunisia (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger totaled +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (+21.7% per year) and India (+44.4% per year).

In value terms, Niger ($X), Tunisia ($X) and India ($X) constituted the largest markets for plastic bag exported from Algeria worldwide, with a combined 95% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +32.4%, saw the highest rates of growth with regard to 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 plastic bag export price stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 48% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Tunisia ($X per ton), while the average price for exports to Niger ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (-3.8%), while the prices for the other major destinations experienced a decline.

Plastic Bag Imports

Imports into Algeria

After two years of decline, overseas purchases of plastic sacks and bags increased by 2% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 96% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, plastic bag imports expanded modestly to $X in 2022. In general, imports saw a perceptible expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 86%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), China (X tons) and India (X tons) were the main suppliers of plastic bag imports to Algeria, together accounting for 58% of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +38.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and Italy ($X) were the largest plastic bag suppliers to Algeria, with a combined 57% share of total imports.

Saudi Arabia, with a CAGR of +38.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average plastic bag import price amounted to $X per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2020 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then contracted slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :