Algeria: Polystyrene Market 2025

Polystyrene Market Size in Algeria

The Algerian polystyrene market reduced to $X in 2022, shrinking by -10.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Polystyrene Exports

Exports from Algeria

In 2022, shipments abroad of polystyrene was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2018 when exports increased by 551%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, polystyrene exports soared to $X in 2022. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2018 with an increase of 616% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons) was the main destination for polystyrene exports from Algeria, accounting for a 57% share of total exports. Moreover, polystyrene exports to Austria exceeded the volume sent to the second major destination, Tunisia (X tons), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Austria stood at +1.8%.

In value terms, Austria ($X) remains the key foreign market for polystyrene exports from Algeria, comprising 51% of total exports. The second position in the ranking was held by Tunisia ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Austria totaled +6.4%.

Export Prices by Country

In 2022, the average polystyrene export price amounted to $X per ton, waning by -8.8% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 100% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average 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 Austria totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.5%).

Polystyrene Imports

Imports into Algeria

In 2022, imports of polystyrene into Algeria reached X tons, picking up by 1.8% against 2021. Overall, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.9% against 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 38% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, polystyrene imports declined markedly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 48% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Taiwan (Chinese) (X tons) and France (X tons) were the main suppliers of polystyrene imports to Algeria, together comprising 40% of total imports. Turkey, Saudi Arabia, Spain, South Korea and Belgium lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +64.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene suppliers to Algeria were China ($X), Taiwan (Chinese) ($X) and Turkey ($X), with a combined 40% share of total imports.

Turkey, with a CAGR of +65.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average polystyrene import price stood at $X per ton in 2022, reducing by -17.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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