Price for Navigational Instruments and Appliances; Parts and Accessories in Algeria - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Algeria (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Algeria (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Algeria
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Algeria

Price for Navigational Instruments and Appliances; Parts and Accessories in Algeria (CIF) - 2022

In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $1,038,668 per ton, surging by 16% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for navigational instruments and appliances; parts and accessorieses increased by +113.4% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 23% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($6,881,214 per ton), while the price for Japan ($124,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+72.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Algeria (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $412,056 per ton, reducing by -11.4% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2018 when the average export price increased by 168% against the previous year. The export price peaked at $465,167 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,454,500 per ton), while the average price for exports to the Czech Republic ($95,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+81.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Algeria

Imports of navigational instruments and appliances; parts and accessorieses into Algeria contracted slightly to 322 kg in 2022, with a decrease of -4.2% against the year before. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 0.3% against the previous year.

In value terms, imports of navigational instruments and appliances; parts and accessorieses expanded rapidly to $334K in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Navigational Instruments and Appliances; Parts and Accessories in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46.359.811113944.3%
Russia30.350.725.396.347.0%
France10311912270.6-11.8%
United Arab Emirates30.014.014.016.9-17.4%
United Kingdom14.07.24.00.7-63.2%
Japan3.11.41.60.4-49.5%
Others14.817.422.610.3-11.4%
Total24226930033411.3%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Algeria in 2022:

  1. France (229.0 kg)
  2. Italy (38.0 kg)
  3. United Arab Emirates (17.0 kg)
  4. Russia (14.0 kg)
  5. Japan (3.0 kg)
  6. United Kingdom (1.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Algeria

After two years of decline, shipments abroad of navigational instruments and appliances; parts and accessorieses increased by 50% to 18 kg in 2022. In general, exports, however, saw a sharp decrease.

In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $7.4K in 2022. Over the period under review, exports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 49%.

Export of Navigational Instruments and Appliances; Parts and Accessories in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain13.33.02.84.0-33.0%
Russia1.00.52.02.942.6%
France1.70.10.10.3-43.9%
Netherlands0.1N/A0.10.10.0%
Czech Republic0.50.10.10.1-41.5%
Mauritania0.2N/AN/AN/A0%
OthersN/AN/A0.5N/A0%
Total16.83.85.67.4-23.9%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Algeria in 2022:

  1. Spain (13.0 kg)
  2. Russia (2.0 kg)
  3. Czech Republic (1.0 kg)
  4. Netherlands (1.0 kg)
  5. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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