Algeria: Market for Tyres For Buses Or Lorries 2025

Market Size for Tyres For Buses Or Lorries in Algeria

In 2022, the Algerian truck and bus tyre market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a perceptible contraction. Truck and bus tyre consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Tyres For Buses Or Lorries

Exports from Algeria

In 2022, after two years of growth, there was significant decline in overseas shipments of tyres for buses or lorries, when their volume decreased by -9.7% to X units. Over the period under review, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 86%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, truck and bus tyre exports totaled $X in 2022. Overall, exports showed a dramatic curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 9%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria (X units), Germany (X units) and the Netherlands (X units) were the main destinations of truck and bus tyre exports from Algeria, together accounting for 72% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of -26.9%), while the other leaders experienced a decline.

In value terms, the Netherlands ($X), Germany ($X) and Saudi Arabia ($X) appeared to be the largest markets for truck and bus tyre exported from Algeria worldwide, with a combined 59% share of total exports.

Among the main countries of destination, Germany, with a CAGR of -26.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average truck and bus tyre export price stood at $X per unit in 2022, rising by 12% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 49%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Spain ($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 Kuwait (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tyres For Buses Or Lorries

Imports into Algeria

After five years of decline, overseas purchases of tyres for buses or lorries increased by 10% to X units in 2022. Overall, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of 13% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, truck and bus tyre imports expanded slightly to $X in 2022. In general, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2014 when imports increased by 32% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest truck and bus tyre supplier to Algeria, accounting for a 71% share of total imports. Moreover, truck and bus tyre imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+4.2% per year) and the United Arab Emirates (+57.3% per year).

In value terms, China ($X) constituted the largest supplier of tyres for buses or lorries to Algeria, comprising 77% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 3.6% share of total imports. It was followed by the Czech Republic, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+53.0% per year) and the Czech Republic (-5.9% per year).

Import Prices by Country

In 2022, the average truck and bus tyre import price amounted to $X per unit, dropping by -6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 when the average import price increased by 20%. The import price peaked at $X per unit in 2021, and then declined in the following year.

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 South Korea ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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