Price for Non-Furniture Refrigerating or Freezing Equipment in Algeria - 2022
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Algeria (CIF) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Algeria (FOB) - 2022
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Algeria
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Algeria
Price for Non-Furniture Refrigerating or Freezing Equipment in Algeria (CIF) - 2022
The average import price for non-furniture refrigerating or freezing equipment stood at $151 per unit in 2022, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2014 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum at $186 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 the United Arab Emirates ($536 per unit), while the price for China ($96 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in Algeria (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $50 per unit in 2022, growing by 7% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 402% against the previous year. As a result, the export price reached the peak level of $278 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($58 per unit), while the average price for exports to France amounted to $5 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (+4.0%), while the prices for the other major destinations experienced a decline.
Imports of Non-Furniture Refrigerating or Freezing Equipment in Algeria
In 2022, overseas purchases of non-furniture refrigerating or freezing equipment decreased by -10.4% to 176K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 1.8%. Imports peaked at 196K units in 2021, and then dropped in the following year.
In value terms, non-furniture refrigerating or freezing equipment imports reduced modestly to $27M in 2022. Over the period under review, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2020 when imports increased by 0.4%. As a result, imports attained the peak of $28M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.9 | 8.0 | 12.3 | 9.7 | 2.9% |
| France | 5.5 | 5.4 | 4.3 | 7.5 | 10.9% |
| Italy | 6.7 | 4.2 | 5.0 | 3.9 | -16.5% |
| Morocco | 0.1 | 0.7 | 0.9 | 0.8 | 100.0% |
| Turkey | 2.2 | 1.1 | 1.3 | 0.6 | -35.2% |
| Spain | 0.8 | 4.4 | 0.4 | 0.2 | -37.0% |
| Lebanon | 0.5 | 0.4 | 0.2 | N/A | -36.8% |
| Others | 3.6 | 4.2 | 2.4 | 3.9 | 2.7% |
| Total | 28.4 | 28.5 | 26.8 | 26.6 | -2.2% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Algeria in 2022:
- China (101.1K units)
- France (36.4K units)
- Italy (17.9K units)
- Morocco (4.3K units)
- Turkey (3.9K units)
- Lebanon (0.9K units)
- Spain (0.7K units)
Exports of Non-Furniture Refrigerating or Freezing Equipment in Algeria
For the third year in a row, Algeria recorded decline in overseas shipments of non-furniture refrigerating or freezing equipment, which decreased by -25% to 6 units in 2022. In general, exports saw a sharp downturn. The exports peaked at 17 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-furniture refrigerating or freezing equipment exports contracted remarkably to $297 in 2022. Overall, exports saw a dramatic contraction. The exports peaked at $1.1K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Algeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 19.0 | 452 | 339 | 292 | 148.6% |
| France | 8.0 | 67.0 | 16.0 | 5.0 | -14.5% |
| Benin | 54.0 | N/A | N/A | N/A | 0% |
| Spain | N/A | 130 | N/A | N/A | 0% |
| Mali | 3.0 | N/A | N/A | N/A | 0% |
| Angola | N/A | N/A | 15.0 | N/A | 0% |
| Mauritania | 84.0 | N/A | N/A | N/A | 0% |
| Turkey | 883 | N/A | N/A | N/A | 0% |
| Others | 2.0 | N/A | N/A | N/A | 0% |
| Total | 1,053 | 649 | 370 | 297 | -34.4% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Algeria in 2022:
- Niger (5.0 units)
- France (1.0 units)
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