Algeria: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Algeria

The Algerian ethylene polymer rigid pipes market contracted to $X in 2021, which is down by -13.7% 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, however, continues to indicate strong growth. Ethylene polymer rigid pipes consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from Algeria

In 2021, exports of rigid tubes, pipes and hoses of polymers of ethylene from Algeria dropped modestly to X tons, falling by -2% on the previous year's figure. In general, exports, however, showed tangible growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,063%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, ethylene polymer rigid pipes exports soared to $X in 2021. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 455%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Romania (X tons), Niger (X tons) and Benin (X kg) were the main destinations of ethylene polymer rigid pipes exports from Algeria.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Romania ($X) emerged as the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from Algeria, comprising 72% of total exports. The second position in the ranking was taken by Niger ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Romania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (-2.2% per year) and Benin (0.0% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2021, picking up by 73% against the previous year. Overall, the export price posted a noticeable increase. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-2.2%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into Algeria

For the third consecutive year, Algeria recorded decline in purchases abroad of rigid tubes, pipes and hoses of polymers of ethylene, which decreased by -14.7% to X tons in 2021. In general, imports, however, posted buoyant growth. The growth pace was the most rapid in 2018 with an increase of 578%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports shrank to $X in 2021. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 524% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons), Turkey (X tons) and Norway (X tons) were the main suppliers of ethylene polymer rigid pipes imports to Algeria, with a combined 93% share of total imports. These countries were followed by Oman, the United Arab Emirates, Spain, France and Belgium, which together accounted for a further 4.8%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +43.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ethylene polymer rigid pipes suppliers to Algeria were Italy ($X), Norway ($X) and Turkey ($X), together accounting for 91% of total imports. These countries were followed by the United Arab Emirates, France, Spain, Oman and Belgium, which together accounted for a further 5.2%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +55.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ethylene polymer rigid pipes import price stood at $X per ton in 2021, rising by 2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 26%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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