Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria - 2022

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $44 per thousand units in 2022, surging by 5.9% against the previous year. Over the period under review, the import price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 25% against the previous year. The import price peaked at $51 per thousand units in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Italy ($120 per thousand units), while the price for Tunisia ($18 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to less than $0.1 per unit, declining by -44.4% against the previous year. In general, the export price, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 131% against the previous year. As a result, the export price reached the peak level of $0.1 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($0.3 per unit), while the average price for exports to Tunisia (less than $0.1 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 Burkina Faso (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria

For the third year in a row, Algeria recorded decline in purchases abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which decreased by -8.2% to 379M units in 2022. Overall, imports recorded a abrupt decrease. Over the period under review, imports of attained the maximum at 690M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment fell modestly to $17M in 2022. In general, imports continue to indicate a sharp decrease. Over the period under review, imports of attained the peak figure at $33M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.02.67.99.834.8%
France6.84.71.91.9-34.6%
United Kingdom0.70.70.71.116.3%
Turkey2.31.81.00.8-29.7%
Italy5.73.11.30.6-52.8%
Spain3.81.51.00.4-52.8%
Poland0.10.3N/A0.344.2%
Tunisia0.8N/A0.60.2-37.0%
Portugal0.90.40.10.1-51.9%
United Arab Emirates1.70.40.2N/A-65.7%
Others6.34.42.71.4-39.4%
Total33.020.017.316.8-20.2%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Algeria in 2022:

  1. China (248.0M units)
  2. France (45.3M units)
  3. Turkey (25.8M units)
  4. Tunisia (12.3M units)
  5. United Kingdom (9.3M units)
  6. Spain (9.1M units)
  7. Poland (7.9M units)
  8. Italy (5.4M units)
  9. Portugal (3.0M units)
  10. United Arab Emirates (0.4M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Algeria skyrocketed to 1.2M units, increasing by 34% on the year before. Overall, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, the exports of attained the peak figure at 1.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank dramatically to $34K in 2022. Over the period under review, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. The exports peaked at $168K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia9.8N/A13.323.433.7%
ChinaN/A13.46.86.9-28.2%
Dominican RepublicN/AN/AN/A1.30%
France99.47.91.30.1-90.0%
Niger1.4N/AN/AN/A0%
Belgium21.7N/AN/AN/A0%
Saudi ArabiaN/A4.4N/AN/A0%
RomaniaN/AN/A2.4N/A0%
Others36.07.821.42.0-61.8%
Total16833.545.333.7-41.5%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Algeria in 2022:

  1. Tunisia (1155.7K units)
  2. China (26.0K units)
  3. Dominican Republic (25.1K units)
  4. France (1.9K units)

Source: IndexBox Market Intelligence Platform

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