![Report Algeria - Steering Wheels, Steering Columns and Steering Boxes - Market Analysis, Forecast, Size, Trends and Insights for 499$](/landing/img/reports/algeria-steering-wheels-steering-columns-and-steering-boxes-market-analysis-forecast-size-trends-and-insights.webp)
Algeria - Steering Wheels, Steering Columns and Steering Boxes - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingAlgeria: Market for Steering Wheels, Steering Columns And Steering Boxes 2024
Market Size for Steering Wheels, Steering Columns And Steering Boxes in Algeria
In 2022, after three years of decline, there was growth in the Algerian steering wheels and columns market, when its value increased by 1.2% to $X. Over the period under review, consumption, however, recorded a moderate expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.
Exports of Steering Wheels, Steering Columns And Steering Boxes
Exports from Algeria
In 2022, the amount of steering wheels, steering columns and steering boxes exported from Algeria skyrocketed to X tons, picking up by 277% compared with the previous year. In general, exports posted a significant increase. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, steering wheels and columns exports surged to $X in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 67%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Turkey (X tons) was the main destination for steering wheels and columns exports from Algeria, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +29.0%.
In value terms, Turkey ($X) emerged as the key foreign market for steering wheels, steering columns and steering boxes exports from Algeria.
From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +22.3%.
Export Prices by Country
In 2022, the average steering wheels and columns export price amounted to $X per ton, reducing by -62.9% against the previous year. In general, the export price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 137% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -5.1% per year.
Imports of Steering Wheels, Steering Columns And Steering Boxes
Imports into Algeria
In 2022, purchases abroad of steering wheels, steering columns and steering boxes was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. Overall, imports posted measured growth. The most prominent rate of growth was recorded in 2018 with an increase of 189% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, steering wheels and columns imports totaled $X in 2022. Over the period under review, imports recorded a tangible increase. The pace of growth appeared the most rapid in 2018 when imports increased by 187% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) constituted the largest steering wheels and columns supplier to Algeria, with a 72% share of total imports. Moreover, steering wheels and columns imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a 5.1% share.
From 2012 to 2022, the average annual growth rate of volume from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.6% per year) and India (-4.6% per year).
In value terms, China ($X) constituted the largest supplier of steering wheels, steering columns and steering boxes to Algeria, comprising 49% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with an 11% share of total imports. It was followed by France, with a 7% share.
From 2012 to 2022, the average annual growth rate of value from China amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+150.6% per year) and France (-4.3% per year).
Import Prices by Country
In 2022, the average steering wheels and columns import price amounted to $X per ton, growing by 1.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China ($X per ton) 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 (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for steering wheels and columns 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 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
Recommended reports
This report provides an in-depth analysis of the market for steering wheels and columns in Asia.
This report provides an in-depth analysis of the market for steering wheels and columns in the U.S..
This report provides an in-depth analysis of the market for steering wheels and columns in China.
This report provides an in-depth analysis of the market for steering wheels and columns in the EU.
This report provides an in-depth analysis of the global market for steering wheels and columns.