Algeria: Cement Market 2024

Cement Market Size in Algeria

In 2022, after four years of growth, there was significant decline in the Algerian cement market, when its value decreased by -28.1% to $X. Overall, consumption, however, recorded a perceptible descent. Cement consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Cement Production in Algeria

In value terms, cement production declined to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. Cement production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Cement Exports

Exports from Algeria

In 2022, shipments abroad of cement was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a significant increase. The growth pace was the most rapid in 2014 when exports increased by 518%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cement exports amounted to $X in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 592% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for cement exports from Algeria, accounting for a 40% share of total exports. Moreover, cement exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), threefold. The UK (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +138.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+609,523.2% per year) and the UK (+27.8% per year).

In value terms, the United States ($X) emerged as the key foreign market for cement exports from Algeria, comprising 38% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 14% share of total exports. It was followed by Canada, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +132.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+210.3% per year) and Canada (+327,265.2% per year).

Export Prices by Country

In 2022, the average cement export price amounted to $X per ton, shrinking by -28.4% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 78% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the average price for exports to Ireland ($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 Ireland (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Imports

Imports into Algeria

In 2022, the amount of cement imported into Algeria reduced to X tons, dropping by -5.3% against the year before. Overall, imports faced a significant decrease. The pace of growth was the most pronounced in 2014 when imports increased by 49%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, cement imports dropped to $X in 2022. In general, imports recorded a dramatic setback. The growth pace was the most rapid in 2013 with an increase of 49% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of cement to Algeria, accounting for a 22% share of total imports. Moreover, cement imports from Spain exceeded the figures recorded by the second-largest supplier, the United States (X tons), tenfold. The third position in this ranking was held by Turkey (X tons), with a 0.8% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at -33.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.1% per year) and Turkey (-41.7% per year).

In value terms, Spain ($X) constituted the largest supplier of cement to Algeria, comprising 20% of total imports. The second position in the ranking was held by Croatia ($X), with a 3% share of total imports. It was followed by the United States, with a 2.6% share.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to -29.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (-30.0% per year) and the United States (+8.1% per year).

Import Prices by Country

In 2022, the average cement import price amounted to $X per ton, falling by -5.4% against the previous year. In general, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2017 an increase of 26%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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