Motor Vehicle Engine Market in Algeria
Market Overview
In 
, after two years of decline, there was growth in the Algerian motor vehicle engine market, when its value increased by % to $. Over the period under review, consumption saw strong growth. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption failed to regain momentum.
In value terms, motor vehicle engine production amounted to $ in estimated in export price. In general, the total production indicated a strong expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. Motor vehicle engine production peaked at $ in ; however, from to , production failed to regain momentum.
, after two years of decline, there was growth in the Algerian motor vehicle engine market, when its value increased by % to $. Over the period under review, consumption saw strong growth. Over the period under review, the market reached the peak level at $ in 2019; however, from to , consumption failed to regain momentum.In value terms, motor vehicle engine production amounted to $
in estimated in export price. In general, the total production indicated a strong expansion from 2007 to : its value increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2010 when the production volume increased by % against the previous year. Motor vehicle engine production peaked at $ in ; however, from to , production failed to regain momentum.Consumption
In , the amount of motor vehicle engines (spark-ignition) consumed in Algeria expanded slightly to units, increasing by % against figures. In general, consumption posted a remarkable increase. Over the period under review, consumption reached the peak volume at units in ; however, from to , consumption failed to regain momentum.
The revenue of the motor vehicle engine market in Algeria reached $ in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption failed to regain momentum.
, the amount of motor vehicle engines (spark-ignition) consumed in Algeria expanded slightly to units, increasing by % against figures. In general, consumption posted a remarkable increase. Over the period under review, consumption reached the peak volume at units in ; however, from to , consumption failed to regain momentum.The revenue of the motor vehicle engine market in Algeria reached $
in , remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $ in 2019; however, from to , consumption failed to regain momentum.Market Forecast
Driven by increasing demand for motor vehicle engines (spark-ignition) in Algeria, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total motor vehicle engine consumption in Algeria was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Algeria motor vehicle engine market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Algeria motor vehicle engine market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review.Trade Balance
Algeria remains a net importer of motor vehicle engine; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of units, which was equal to $.
. In , there was a significant trade deficit of units, which was equal to $.
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