Report Update: Jul 1, 2024

Algeria - Multimeters - Market Analysis, Forecast, Size, Trends And Insights

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Multimeter Price in Algeria - 2022

Multimeter Price in Algeria (CIF) - 2022

The average multimeter import price stood at $74 per unit in 2022, growing by 36% against the previous year. In general, the import price posted measured growth. The pace of growth was the most pronounced in 2018 an increase of 68% against the previous year. The import price peaked at $154 per unit in 2019; however, from 2020 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 Switzerland ($504 per unit), while the price for Taiwan (Chinese) ($20 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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Multimeter Price in Algeria (FOB) - 2022

In 2022, the average multimeter export price amounted to $1,603 per unit, jumping by 51% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of 3,199%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,301 per unit), while the average price for exports to France ($432 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 Germany (+202.1%), while the prices for the other major destinations experienced more modest paces of growth.

Multimeter Imports in Algeria

In 2022, multimeter imports into Algeria dropped significantly to 7.6K units, shrinking by -62.4% on the previous year's figure. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 192%. Imports peaked at 30K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, multimeter imports declined notably to $566K in 2022. In general, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Imports peaked at $4.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Multimeter in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	3.4	8.1	22.2	113	221.5%
China	117	81.7	338	107	-2.9%
France	3,849	378	269	67.8	-74.0%
Denmark	51.2	47.6	51.7	40.5	-7.5%
United Arab Emirates	3.2	1.8	18.0	36.8	125.7%
Taiwan (Chinese)	8.3	3.8	9.6	11.6	11.8%
Turkey	27.4	9.4	12.3	9.0	-31.0%
Spain	107	19.3	1.1	3.0	-69.6%
Others	397	329	382	177	-23.6%
Total	4,564	878	1,104	566	-50.1%

Top Suppliers of Multimeter to Algeria in 2022:

China (5239.0 units)
Taiwan (Chinese) (574.0 units)
France (376.0 units)
Switzerland (225.0 units)
Denmark (204.0 units)
United Arab Emirates (200.0 units)
Turkey (185.0 units)
Spain (94.0 units)

Multimeter Exports in Algeria

In 2022, exports of multimeters from Algeria dropped remarkably to 16 units, waning by -71.9% on the previous year. Over the period under review, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 850%. The exports peaked at 111 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, multimeter exports contracted notably to $26K in 2022. In general, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 695%. The exports peaked at $119K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Multimeter in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	109	6.6	0.1	15.8	-47.5%
Germany	N/A	N/A	51.4	6.6	-87.2%
United Kingdom	5.7	0.9	7.7	2.8	-21.1%
France	1.1	0.1	1.1	0.4	-28.6%
Others	3.1	N/A	N/A	N/A	0%
Total	119	7.6	60.3	25.6	-40.1%

Top Export Markets for Multimeter from Algeria in 2022:

Russia (11.0 units)
United Kingdom (2.0 units)
Germany (2.0 units)
France (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the multimeter 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 26514310 - Multimeters

Country coverage:

Algeria

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023