Algeria: Internal Combustion Engines Market 2024

Internal Combustion Engines Market Size in Algeria

In 2021, the Algerian internal combustion engines market was finally on the rise to reach $X after two years of decline. In general, consumption posted a significant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Internal Combustion Engines Exports

Exports from Algeria

In 2021, after four years of decline, there was significant decline in overseas shipments of motor vehicles compression-ignition internal combustion piston engines, when their volume decreased by -66.7% to X units. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 with an increase of 43% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, internal combustion engines exports reduced to $X in 2021. In general, exports showed a precipitous descent. The growth pace was the most rapid in 2013 with an increase of 201%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for internal combustion engines exports from Algeria, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for motor vehicles compression-ignition internal combustion piston engines exports from Algeria, comprising 91% of total exports. The second position in the ranking was taken by Austria ($X), with a 3.5% share of total exports. It was followed by Belgium, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-28.9% per year) and Belgium (-30.5% per year).

Export Prices by Country

In 2021, the average internal combustion engines export price amounted to $X per unit, surging by 98% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 846%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Niger ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.1%), while the prices for the other major destinations experienced a decline.

Internal Combustion Engines Imports

Imports into Algeria

In 2021, after two years of decline, there was significant growth in supplies from abroad of motor vehicles compression-ignition internal combustion piston engines, when their volume increased by 45% to X units. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 389% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, internal combustion engines imports skyrocketed to $X in 2021. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by 249%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X units) constituted the largest supplier of internal combustion engines to Algeria, with a 58% share of total imports. Moreover, internal combustion engines imports from France exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Bulgaria (X units), with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+55.5% per year) and Bulgaria (+23.9% per year).

In value terms, Germany ($X), France ($X) and Bulgaria ($X) were the largest internal combustion engines suppliers to Algeria, together comprising 83% of total imports.

Germany, with a CAGR of +61.7%, saw 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

The average internal combustion engines import price stood at $X per unit in 2021, surging by 29% against the previous year. Over the period under review, the import price recorded a pronounced expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 243% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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