Algeria: Market for Table, Kitchen Or Household Articles And Parts Of Stainless Steel 2025

Market Size for Table, Kitchen Or Household Articles And Parts Of Stainless Steel in Algeria

In 2022, after three years of growth, there was significant decline in the Algerian stainless steel household articles market, when its value decreased by -17.3% to $X. Overall, consumption, however, saw a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced markedly in the following year.

Exports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Exports from Algeria

In 2022, after two years of growth, there was significant decline in shipments abroad of table, kitchen or household articles and parts of stainless steel, when their volume decreased by -29% to X units. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when exports increased by 696%. The exports peaked at X units in 2021, and then dropped significantly in the following year.

In value terms, stainless steel household articles exports contracted remarkably to $X in 2022. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 598%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for stainless steel household articles exports from Algeria, accounting for a 49% share of total exports. It was followed by Canada (X units), with a 1.2% share of total exports. Belgium (X units) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France amounted to -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+14.0% per year) and Belgium (-58.1% per year).

In value terms, France ($X) remains the key foreign market for table, kitchen or household articles and parts of stainless steel exports from Algeria, comprising 45% of total exports. The second position in the ranking was held by Canada ($X), with a 4.3% share of total exports. It was followed by Belgium, with a 0.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+14.6% per year) and Belgium (-57.8% per year).

Export Prices by Country

In 2022, the average stainless steel household articles export price amounted to $X per unit, shrinking by -3.5% against the previous year. In general, the export price, however, saw a moderate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 94%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles And Parts Of Stainless Steel

Imports into Algeria

Stainless steel household articles imports into Algeria dropped rapidly to X units in 2022, with a decrease of -17.3% on 2021. In general, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, stainless steel household articles imports fell sharply to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 70% against the previous year. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

China (X units), Turkey (X units) and France (X units) were the main suppliers of stainless steel household articles imports to Algeria, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest stainless steel household articles suppliers to Algeria were China ($X), Turkey ($X) and France ($X), with a combined 79% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +27.0%, saw the highest growth rate of 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

In 2022, the average stainless steel household articles import price amounted to $X per unit, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 32%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then contracted modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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