Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria - 2022

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $7.6 per unit in 2022, falling by -30.9% against the previous year. Overall, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 58%. The import price peaked at $14 per unit in 2016; however, from 2017 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 Tunisia ($84 per unit), while the price for Hong Kong SAR ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (FOB) - 2022

In 2022, the average export price for drawing, marking-out or mathematical calculating instrumentses amounted to $171 per unit, standing approx. at the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 86%. The export price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria

In 2022, approx. 216K units of drawing, marking-out or mathematical calculating instrumentses were imported into Algeria; growing by 34% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 95% against the previous year. As a result, imports attained the peak of 422K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses dropped to $1.6M in 2022. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0402,7161,5571,391-12.0%
Singapore3.312.914.616.972.4%
Hong Kong SAR8.79.510.211.18.5%
Turkey1.428.30.26.768.5%
Others2101781882130.5%
Total2,2632,9451,7701,638-10.2%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Algeria in 2022:

  1. China (185.7K units)
  2. Hong Kong SAR (11.4K units)
  3. Turkey (4.2K units)
  4. Singapore (3.9K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria

In 2022, after two years of decline, there was decline in shipments abroad of drawing, marking-out or mathematical calculating instrumentses, when their volume decreased by 0% to 2 units. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses amounted to $341 in 2022. Overall, exports recorded a precipitous contraction. The smallest decline of -25% was in 2020. The exports peaked at $808 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A3410%
Turkey808N/AN/AN/A0%
OthersN/A606N/AN/A0%
Total808606N/A341-25.0%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Algeria in 2022:

  1. Netherlands (2.0 units)

Source: IndexBox Market Intelligence Platform

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