Algeria - Suspension Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSuspension System Price in Algeria - 2022
Contents:
- Suspension System Price in Algeria (CIF) - 2022
- Suspension System Price in Algeria (FOB) - 2022
- Suspension System Imports in Algeria
- Suspension System Exports in Algeria
Suspension System Price in Algeria (CIF) - 2022
The average suspension system import price stood at $5,109 per ton in 2022, stabilizing at the previous year. Overall, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 6.5%. Over the period under review, average import prices hit record highs at $7,058 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($9,951 per ton), while the price for Romania ($3,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.7%), while the prices for the other major suppliers experienced a decline.
Suspension System Price in Algeria (FOB) - 2022
In 2022, the average suspension system export price amounted to $15,282 per ton, growing by 22% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 147%. Over the period under review, the average export prices hit record highs at $22,524 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the Czech Republic ($19,140 per ton) and Canada ($14,500 per ton), while the average price for exports to Egypt ($13,120 per ton) and Kuwait ($14,109 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+74.8%), while the prices for the other major destinations experienced more modest paces of growth.
Suspension System Imports in Algeria
In 2022, supplies from abroad of suspension systems was finally on the rise to reach 8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt shrinkage.
In value terms, suspension system imports stood at $41M in 2022. Overall, imports, however, continue to indicate a abrupt downturn.
| Import of Suspension System in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.0 | 13.4 | 14.1 | 15.2 | 8.2% |
| France | 10.6 | 11.6 | 7.0 | 6.2 | -16.4% |
| Germany | 3.7 | 1.8 | 2.3 | 3.2 | -4.7% |
| Belgium | 2.9 | 2.3 | 1.7 | 3.0 | 1.1% |
| Spain | 6.5 | 5.3 | 4.3 | 2.8 | -24.5% |
| Turkey | 3.4 | 1.8 | 2.2 | 2.0 | -16.2% |
| Italy | 1.7 | 1.5 | 1.2 | 2.0 | 5.6% |
| Czech Republic | N/A | N/A | 0.1 | 1.7 | 1600.0% |
| South Korea | 1.8 | 2.1 | 1.5 | 1.3 | -10.3% |
| United Arab Emirates | 1.5 | 1.4 | 1.9 | 1.1 | -9.8% |
| Thailand | 0.6 | 0.3 | 0.4 | 0.8 | 10.1% |
| Romania | 2.9 | 0.5 | 0.1 | 0.4 | -48.3% |
| Others | 1.8 | 1.2 | 1.7 | 1.2 | -12.6% |
| Total | 49.5 | 43.2 | 38.5 | 40.9 | -6.2% |
Top Suppliers of Suspension System to Algeria in 2022:
- China (4252.7 tons)
- France (937.4 tons)
- Turkey (373.3 tons)
- Germany (366.6 tons)
- Spain (360.3 tons)
- Italy (322.3 tons)
- Belgium (303.8 tons)
- Czech Republic (236.2 tons)
- South Korea (199.9 tons)
- United Arab Emirates (168.2 tons)
- Thailand (151.6 tons)
- Romania (108.6 tons)
Suspension System Exports in Algeria
In 2022, the amount of suspension systems exported from Algeria shrank markedly to 2 tons, dropping by -32.4% compared with the previous year's figure. Over the period under review, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 177% against the previous year.
In value terms, suspension system exports shrank dramatically to $31K in 2022. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 54% against the previous year.
| Export of Suspension System in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 24.3 | 0% |
| Czech Republic | 1.0 | N/A | N/A | 1.1 | 3.2% |
| Kuwait | N/A | N/A | N/A | 0.9 | 0% |
| Canada | 12.9 | 0.3 | N/A | 0.1 | -80.2% |
| France | 8.2 | 0.5 | 1.4 | 0.1 | -77.0% |
| Belgium | 5.6 | N/A | N/A | N/A | 0% |
| Austria | N/A | 21.9 | N/A | N/A | 0% |
| Romania | N/A | 0.1 | 32.9 | N/A | 32800.0% |
| Pakistan | 17.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.6 | 3.3 | 4.4 | 65.8% |
| Total | 45.5 | 24.3 | 37.6 | 30.9 | -12.1% |
Top Export Markets for Suspension System from Algeria in 2022:
- Egypt (1853.0 kg)
- Kuwait (64.0 kg)
- Czech Republic (57.0 kg)
- Canada (6.0 kg)
- France (6.0 kg)
This report provides an in-depth analysis of the suspension system market in Algeria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323050 - Suspension systems and parts thereof (including shock absorbers)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Algeria
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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