Algeria: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Algeria

The Algerian market for ready-mixed concrete and factory made mortars surged to $X in 2022, increasing by X% 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). Over the period under review, consumption showed a significant expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Algeria

Exports of ready-mixed concrete and factory made mortars from Algeria dropped sharply to X tons in 2022, which is down by X% against the previous year. In general, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars dropped dramatically to $X in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Algeria, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to Turkey exceeded the volume sent to the second major destination, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey totaled X%.

In value terms, Turkey ($X) emerged as the key foreign market for ready-mixed concrete and factory made mortars exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey stood at X%.

Export Prices by Country

In 2022, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, saw a slight contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Turkey amounted to $X per ton.

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

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Algeria

In 2022, approx. X tons of ready-mixed concrete and factory made mortars were imported into Algeria; jumping by X% compared with 2021 figures. In general, imports saw significant growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of ready-mixed concrete and factory made mortars skyrocketed to $X in 2022. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Algeria, with a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Spain exceeded the figures recorded by the second-largest supplier, Portugal (X tons), sevenfold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and France (X% per year).

In value terms, Spain ($X), Portugal ($X) and Italy ($X) appeared to be the largest ready-mixed concrete and factory made mortar suppliers to Algeria, together comprising X% of total imports. France and Egypt lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, saw 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 import price for ready-mixed concrete and factory made mortars amounted to $X per ton, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2012; however, from 2013 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 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 Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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