Algeria: Radio Receiver Market 2024

Radio Receiver Market Size in Algeria

The Algerian radio receiver market fell slightly to $X in 2022, remaining relatively unchanged 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). In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Radio Receiver Exports

Exports from Algeria

After two years of growth, overseas shipments of radio receivers decreased by -84.1% to X units in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 12,236% against the previous year. As a result, the exports attained the peak of X units, and then contracted sharply in the following year.

In value terms, radio receiver exports reduced notably to $X in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 18,631% against the previous year. As a result, the exports attained the peak of $X, and then declined dramatically in the following year.

Exports by Country

The Philippines (X units), Angola (X units) and France (X units) were the main destinations of radio receiver exports from Algeria, together accounting for 61% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +71.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for radio receiver exported from Algeria were the Philippines ($X), Angola ($X) and France ($X), together comprising 63% of total exports.

Angola, with a CAGR of +82.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2022, dropping by -46% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of 82%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 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 Switzerland ($X per unit), while the average price for exports to the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.2%).

Radio Receiver Imports

Imports into Algeria

In 2022, the amount of radio receivers imported into Algeria shrank to X units, with a decrease of -6.4% compared with 2021 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 128% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, radio receiver imports totaled $X in 2022. Over the period under review, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2017 when imports increased by 154%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of radio receiver to Algeria, accounting for a 48% share of total imports. Moreover, radio receiver imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X units), twofold. The United Arab Emirates (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to +62.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+27.3% per year) and the United Arab Emirates (+3.9% per year).

In value terms, the United States ($X), the United Arab Emirates ($X) and Indonesia ($X) were the largest radio receiver suppliers to Algeria, together comprising 61% of total imports.

The United States, with a CAGR of +40.1%, recorded 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

The average radio receiver import price stood at $X per unit in 2022, picking up by 12% against the previous year. Overall, the import price, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 49%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a 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 the Philippines ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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