Algeria: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in Algeria

The Algerian market for spray guns and similar appliances expanded remarkably to $X in 2022, surging by 13% 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, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 -10.5% against 2020 indices. Spray guns and similar appliances consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from Algeria

Spray guns and similar appliances exports from Algeria amounted to X units in 2019, remaining constant against 2018. In general, exports recorded a abrupt shrinkage. The smallest decline of -33.1% was in 2014. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances exports stood at $X in 2019. Overall, exports faced a deep downturn. The smallest decline of -22.3% was in 2014. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2019, the exports failed to regain momentum.

Exports by Country

Turkey (X units) was the main destination for spray guns and similar appliances exports from Algeria, accounting for a 92% share of total exports. Moreover, spray guns and similar appliances exports to Turkey exceeded the volume sent to the second major destination, Portugal (X units), more than tenfold.

From 2013 to 2019, the average annual growth rate of volume to Turkey was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average export price for spray guns and similar appliances stood at $X per unit in 2019, flattening at the previous year. Over the period under review, the export price recorded a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2019, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2019, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Portugal stood at $X per unit.

From 2013 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-41.7%).

Imports of Spray Guns And Similar Appliances

Imports into Algeria

In 2022, spray guns and similar appliances imports into Algeria expanded significantly to X units, picking up by 6.1% against the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 46%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, spray guns and similar appliances imports skyrocketed to $X in 2022. Over the period under review, total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.8% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 42%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest spray guns and similar appliances supplier to Algeria, with a 85% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.1% per year) and Italy (+1.7% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to Algeria, comprising 55% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.0% per year) and the Netherlands (+69.7% per year).

Import Prices by Country

The average import price for spray guns and similar appliances stood at $X per unit in 2022, rising by 10% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spray guns and similar appliances import price decreased by -24.7% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 48%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average 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 Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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