Algeria: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Algeria

In 2022, the Algerian prepared additives for cements market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption continues to indicate prominent growth. Prepared additives for cements consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Algeria

Prepared additives for cements exports from Algeria surged to X tons in 2022, picking up by 265% compared with the year before. Over the period under review, exports, however, recorded a perceptible curtailment. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared additives for cements exports soared to $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for prepared additives for cements exports from Algeria, with a 66% share of total exports. Moreover, prepared additives for cements exports to Saudi Arabia exceeded the volume sent to the second major destination, Morocco (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+18.7% per year) and Germany (-10.7% per year).

In value terms, Germany ($X) remains the key foreign market for prepared additives for cements, mortars or concretes exports from Algeria, comprising 50% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 17% share of total exports. It was followed by the United Arab Emirates, with a 9.5% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled -4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (-7.1% per year) and the United Arab Emirates (+0.7% per year).

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, with an increase of 42% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 50%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 China ($X per ton), while the average price for exports to Saudi Arabia ($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 China (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Algeria

In 2022, imports of prepared additives for cements, mortars or concretes into Algeria skyrocketed to X tons, growing by 29% compared with 2021. Overall, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by 44% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, prepared additives for cements imports fell to $X in 2022. In general, imports continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 52%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of prepared additives for cements imports to Algeria, together comprising 44% of total imports. France, Norway, Saudi Arabia, Russia, Germany and South Korea lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +32.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and China ($X) constituted the largest prepared additives for cements suppliers to Algeria, together comprising 41% of total imports. Norway, France, Germany, Russia, Saudi Arabia and South Korea lagged somewhat behind, together accounting for a further 13%.

Norway, with a CAGR of +37.7%, saw the highest growth rate of 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 prepared additives for cements import price amounted to $X per ton, reducing by -30.3% against the previous year. In general, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 105%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 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 Germany ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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