Algeria: Safety Glass Market 2024

Safety Glass Market Size in Algeria

In 2022, the Algerian safety glass market decreased by -1.2% to $X, falling for the second consecutive year after three years of growth. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.0% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Safety Glass Production in Algeria

In value terms, safety glass production expanded to $X in 2022 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -3.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 50% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Safety Glass Exports

Exports from Algeria

In 2022, after two years of decline, there was significant growth in shipments abroad of safety glass, when their volume increased by 208% to X square meters. In general, exports, however, saw a deep setback. Over the period under review, the exports reached the maximum at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, safety glass exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Morocco (X square meters) was the main destination for safety glass exports from Algeria, with a 38% share of total exports. Moreover, safety glass exports to Morocco exceeded the volume sent to the second major destination, Portugal (X square meters), threefold. The third position in this ranking was taken by Spain (X square meters), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Morocco amounted to +83.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (-19.6% per year) and Spain (-23.3% per year).

In value terms, Morocco ($X) remains the key foreign market for safety glass exports from Algeria, comprising 40% of total exports. The second position in the ranking was taken by Spain ($X), with a 15% share of total exports. It was followed by Portugal, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Morocco stood at +77.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-16.6% per year) and Portugal (-10.1% per year).

Export Prices by Country

The average safety glass export price stood at $X per square meter in 2022, rising by 17% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, safety glass export price increased by +25.0% against 2016 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 64% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($X per square meter) and Morocco ($X per square meter), while the average price for exports to Portugal ($X per square meter) and Italy ($X per square meter) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+28.7%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports

Imports into Algeria

In 2022, after two years of decline, there was significant growth in purchases abroad of safety glass, when their volume increased by 12% to X square meters. Over the period under review, imports enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2013 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at X square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, safety glass imports reached $X in 2022. In general, imports saw a slight increase. The most prominent rate of growth was recorded in 2019 with an increase of 36% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of safety glass to Algeria, accounting for a 69% share of total imports. Moreover, safety glass imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), fivefold. France (X square meters) ranked third in terms of total imports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.1% per year) and France (+1.7% per year).

In value terms, China ($X) constituted the largest supplier of safety glass to Algeria, comprising 53% of total imports. The second position in the ranking was taken by France ($X), with a 7.5% share of total imports. It was followed by Turkey, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-3.0% per year) and Turkey (-5.1% per year).

Import Prices by Country

The average safety glass import price stood at $X per square meter in 2022, with a decrease of -3.1% against the previous year. Overall, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2015 an increase of 47% against the previous year. The import price peaked at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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