Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria - 2022
Contents:
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (CIF) - 2022
- Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (FOB) - 2022
- Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria
- Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (CIF) - 2022
The average import price for furniture; wooden, other than for office, kitchen or bedroom use stood at $54 per unit in 2022, waning by -17.4% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 54% against the previous year. The import price peaked at $79 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($101 per unit), while the price for Malaysia ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (FOB) - 2022
In 2022, the average export price for furniture; wooden, other than for office, kitchen or bedroom use amounted to $166 per unit, with an increase of 69% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $284 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($159 per unit), while the average price for exports to Portugal ($23 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 Mali (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria
For the third year in a row, Algeria recorded decline in overseas purchases of furniture; wooden, other than for office, kitchen or bedroom use, which decreased by -3.8% to 292K units in 2022. Over the period under review, imports saw a precipitous shrinkage. Over the period under review, imports of reached the maximum at 876K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of furniture; wooden, other than for office, kitchen or bedroom use dropped notably to $16M in 2022. Overall, imports showed a sharp slump. The pace of growth was the most pronounced in 2021 when imports increased by 7%. Over the period under review, imports of reached the peak figure at $34M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 5.6 | 4.4 | 3.5 | -25.6% |
| Turkey | 3.5 | 2.2 | 2.5 | 2.9 | -6.1% |
| Egypt | 2.1 | 2.7 | 2.2 | 2.7 | 8.7% |
| France | 3.2 | 1.4 | 1.2 | 2.1 | -13.1% |
| Spain | 4.6 | 2.7 | 2.6 | 1.7 | -28.2% |
| Malaysia | 2.9 | 1.3 | 0.3 | 0.7 | -37.7% |
| Italy | 5.1 | 0.9 | 4.9 | 0.6 | -51.0% |
| Others | 4.0 | 1.7 | 1.8 | 1.6 | -26.3% |
| Total | 33.9 | 18.6 | 19.9 | 15.8 | -22.5% |
Top Suppliers of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use to Algeria in 2022:
- Malaysia (69.3K units)
- China (64.1K units)
- Turkey (42.8K units)
- France (34.3K units)
- Egypt (26.7K units)
- Spain (23.4K units)
- Italy (8.4K units)
Exports of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria
After three years of growth, overseas shipments of furniture; wooden, other than for office, kitchen or bedroom use decreased by -80.3% to 300 units in 2022. In general, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. The exports peaked at 1.5K units in 2021, and then dropped dramatically in the following year.
In value terms, exports of furniture; wooden, other than for office, kitchen or bedroom use shrank dramatically to $50K in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. The exports peaked at $150K in 2021, and then fell dramatically in the following year.
| Export of Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 11.1 | 45.0 | 0.3 | 23.3 | 28.0% |
| Senegal | N/A | N/A | N/A | 7.5 | 0% |
| Niger | 6.4 | N/A | N/A | 3.9 | -15.2% |
| Cote d'Ivoire | 17.2 | 19.6 | 34.5 | 3.2 | -42.9% |
| United Arab Emirates | N/A | N/A | 3.5 | 2.7 | -22.9% |
| Spain | 0.5 | N/A | N/A | 1.9 | 56.0% |
| United Kingdom | 20.5 | 2.2 | 78.1 | 1.3 | -60.1% |
| Egypt | 4.9 | 1.6 | 9.3 | 0.9 | -43.2% |
| Switzerland | N/A | 23.6 | 0.9 | 0.3 | -88.7% |
| Morocco | 0.3 | 33.6 | N/A | N/A | 11100.0% |
| Mali | 18.2 | N/A | N/A | N/A | 0% |
| Others | 25.3 | 1.4 | 23.1 | 4.9 | -42.1% |
| Total | 104 | 127 | 150 | 49.9 | -21.7% |
Top Export Markets for Furniture; Wooden, Other than for Office, Kitchen or Bedroom Use from Algeria in 2022:
- France (151.0 units)
- Senegal (49.0 units)
- Niger (25.0 units)
- Cote d'Ivoire (20.0 units)
- United Arab Emirates (18.0 units)
- Spain (12.0 units)
- United Kingdom (9.0 units)
- Egypt (6.0 units)
- Switzerland (2.0 units)
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