Algeria - Glass Fibre Filaments, Slivers, Rovings, Yarn and Chopped Strands - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlgeria: Market for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles 2024
Market Size for Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles in Algeria
In 2021, the Algerian market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles decreased by -67% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a slight decrease. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Exports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles
Exports from Algeria
In 2017, approx. X tons of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles were exported from Algeria; approximately equating the year before. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2017 and are likely to see steady growth in years to come.
In value terms, exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $X in 2017. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2017 and are expected to retain growth in years to come.
Exports by Country
Turkey (X tons) was the main destination for exports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from Algeria, with a approx. 100% share of total exports.
From 2016 to 2017, the average annual growth rate of volume to Turkey was relatively modest.
In value terms, Turkey ($X) also remains the key foreign market for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles exports from Algeria.
From 2016 to 2017, the average annual growth rate of value to Turkey was relatively modest.
Export Prices by Country
The average export price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles stood at $X per ton in 2017, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked in 2017 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2016 to 2017, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.
Imports of Glass Fibre Filaments, Rovings, Chopped Strands, and Staple Glass Fibre Articles
Imports into Algeria
In 2021, purchases abroad of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles decreased by -70.1% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a notable increase. The pace of growth was the most pronounced in 2018 when imports increased by 377% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles reduced dramatically to $X in 2021. In general, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of 248%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.
Imports by Country
In 2021, China (X tons) constituted the largest supplier of glass fibre filament, roving, and staple glass fibre article to Algeria, accounting for a 48% share of total imports. Moreover, imports of glass fibre filaments, rovings, chopped strands, and staple glass fibre articles from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was held by France (X tons), with a 10% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+83.3% per year) and France (-11.9% per year).
In value terms, China ($X), Turkey ($X) and the Netherlands ($X) appeared to be the largest glass fibre filament, roving, and staple glass fibre article suppliers to Algeria, with a combined 70% share of total imports. These countries were followed by France and Germany, which together accounted for a further 16%.
Germany, with a CAGR of +41.0%, recorded 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 2021, the average import price for glass fibre filaments, rovings, chopped strands, and staple glass fibre articles amounted to $X per ton, surging by 17% against the previous year. Overall, the import price, however, showed a deep setback. The pace of growth was the most pronounced in 2016 an increase of 35% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+4.4%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for glass fibre filament, roving, and staple glass fibre article in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23141110 - Glass fibre threads cut into lengths of at least 3 mm but . .50 mm (chopped strands)
- Prodcom 23141130 - Glass fibre filaments (including rovings)
- Prodcom 23141150 - Slivers, yarns and chopped strands of filaments of glass fibres (excluding glass fibre threads cut into lengths of at least 3 mm but . .50 mm)
- Prodcom 23141170 - Staple glass fibre articles
Country coverage:
- Algeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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