Algeria: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Algeria

In 2022, the Algerian non-combined refrigerator-freezer market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, saw a deep slump. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Production in Algeria

In value terms, non-combined refrigerator-freezer production dropped modestly to $X in 2022 estimated in export price. In general, production showed a abrupt setback. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Exports

Exports from Algeria

In 2022, overseas shipments of household refrigerators and freezers (not combined) decreased by X% to X units for the first time since 2014, thus ending a seven-year rising trend. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2021, and then reduced rapidly in the following year.

In value terms, non-combined refrigerator-freezer exports fell rapidly to $X in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Tunisia (X units) was the main destination for non-combined refrigerator-freezer exports from Algeria, with a X% share of total exports. It was followed by Turkey (X units), with a X% share of total exports. The third position in this ranking was held by Singapore (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Singapore (X% per year).

In value terms, Tunisia ($X) remains the key foreign market for household refrigerators and freezers (not combined) exports from Algeria, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Mauritania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Tunisia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Mauritania (X% per year).

Export Prices by Country

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, flattening at the previous year. Over the period under review, the export price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (X%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Combined Refrigerator-Freezer Imports

Imports into Algeria

In 2022, after two years of decline, there was significant growth in overseas purchases of household refrigerators and freezers (not combined), when their volume increased by X% to X units. Over the period under review, imports, however, faced a deep slump. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-combined refrigerator-freezer imports soared to $X in 2022. Overall, imports, however, saw a abrupt slump. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest non-combined refrigerator-freezer supplier to Algeria, with a X% share of total imports. Moreover, non-combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. The third position in this ranking was held by Syrian Arab Republic (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Syrian Arab Republic (X% per year).

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to Algeria, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Hungary (X% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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