Algeria: Wood Fuel (Non-Coniferous) Market 2021

Wood Fuel (Non-Coniferous) Market Size in Algeria

In 2020, the Algerian wood fuel (non-coniferous) market increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, the total consumption indicated a tangible expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in the near future.

Wood Fuel (Non-Coniferous) Production in Algeria

In value terms, wood fuel (non-coniferous) production amounted to $X in 2020 estimated in export prices. Over the period under review, the total production indicated perceptible growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, production attained the peak level in 2020 and is likely to see steady growth in years to come.

Wood Fuel (Non-Coniferous) Exports

Exports from Algeria

For the third year in a row, Algeria recorded decline in shipments abroad of wood fuel (non-coniferous), which decreased by X% to X cubic meters in 2020. Overall, exports saw a significant curtailment. As a result, exports attained the peak of X cubic meters. from 2009 to 2020, the growth exports remained at a lower figure.

In value terms, wood fuel (non-coniferous) exports stood at $X in 2020. In general, exports recorded a significant decline. As a result, exports reached the peak of $X. from 2009 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Angola (X cubic meters) was the main destination for wood fuel (non-coniferous) exports from Algeria, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual growth rate of volume to Angola was relatively modest.

From 2007 to 2018, the average annual rate of growth in terms of value to Angola was relatively modest.

Export Prices by Country

The average wood fuel (non-coniferous) export price stood at $X per cubic meter in 2018, jumping by X% against the previous year. Over the period under review, the export price showed a mild increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2007 to 2018, the rate of growth in terms of prices for Angola amounted to X% per year.

Wood Fuel (Non-Coniferous) Imports

Imports into Algeria

After two years of growth, supplies from abroad of wood fuel (non-coniferous) decreased by -X% to X cubic meters in 2020. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X cubic meters in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, wood fuel (non-coniferous) imports fell rapidly to $X in 2020. Overall, imports faced a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X cubic meters) constituted the largest supplier of wood fuel (non-coniferous) to Algeria, with a X% share of total imports. Moreover, wood fuel (non-coniferous) imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X cubic meters), twofold. The third position in this ranking was occupied by Spain (X cubic meters), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Spain (-X% per year).

In value terms, the largest wood fuel (non-coniferous) suppliers to Algeria were Italy ($X), France ($X) and Spain ($X), together accounting for X% of total imports. These countries were followed by China, Brazil, Canada, Belgium and Egypt, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of 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 2020, the average wood fuel (non-coniferous) import price amounted to $X per cubic meter, with an increase of X% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. The import price peaked in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per cubic meter), while the price for Egypt ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform